Tag: recurring revenue
ADT announces inclusion in the S&P SmallCap 600 Index
February 12, 2026SSN Staff
BOCA RATON, Fla. — ADT has announced its inclusion into the S&P SmallCap 600 Index, effective prior to the opening of trading on Feb. 9, 2026.
“ADT’s inclusion in the S&P SmallCap 600 represents an important milestone for our company and reflects the resilience of our recurring revenue model and the progress we’ve made strengthening our business and delivering consistent performance,” said ADT Chairman, President and CEO Jim...
ASSA ABLOY leverages digital shift to offset residential market decline
October 29, 2025Ken Showers, Managing Editor
STOCKHOLM — Interest rates continue to batter the residential market in the U.S., but ASSA ABLOY is still on track for a strong year thanks to solid growth in its electromechanical business.
The company reported a strong currency-adjusted growth of 12% year to date for the electromechanical business, with President and CEO Nico Delvaux telling investors the business is transforming the company – and the industry.
“We continue to see that shift from mechanical to...
Honeywell 3Q results exceed high end of previous guidance
October 23, 2025SSN Staff
CHARLOTTE, N.C. — Honeywell (NASDAQ: HON) announced its results for the third quarter that met or exceeded the company's guidance.
The company also raised its full-year organic growth and adjusted earnings per share guidance ranges and updated its free cash flow guidance range, including the impact of spinning off its advanced materials business.
The company reported third-quarter year-over-year sales growth of 7% and organic sales growth of 6%, led by double-digit organic sales growth...
Milestone Systems at 25: Pioneering Video Technology and Setting Industry Trends
May 1, 2023Cory Harris, Editor
LAS VEGAS—As Milestone Systems celebrates its 25th anniversary, we take a moment to dive into the latest advancements in video technology, uncover the driving forces behind industry trends, and explore how Milestone Systems has remained a global leader in this rapidly evolving market.
With CEO Thomas Jensen at the helm, and CTO Rahul Yadav's technical expertise, join us as we discuss their journey, successes, and vision for the future of video surveillance technology.
SSN: Gentlemen,...
Since You’ve Been Gone
April 5, 2023Ken Showers, Managing Editor
Ah, it's good to be home. I just flew in from Las Vegas, and boy are my arms tired. I’ve got a few more dad jokes in me courtesy of Editor Cory Harris, but I’ll just move on and say that although I had a great time at ISC West this year, I’m glad to be back.
Now I have a cartoonishly large pile of interviews to sift through, emails to return since getting back, and to reflect on the experience. It was my first attendance at this show, but everyone I met couldn’t help...
Johnson Controls Q1 results “Solid,” growth in service-based businesses
February 1, 2023Ken Showers, Managing Editor
CORK, Ireland – Johnson Controls is off to a strong start in the initial quarter of 2023 according to its first earnings call of the year on Feb. 1.
The company highlighted a strong performance in its service orders, EBIT Margin Expansion, and adjusted EPS growth. At a glance the company achieved a 9 percent increase in organic sales growth, with sales in the quarter of $6.1 billion increased 4 percent over the prior year. The company showed an EBIT of $237 million with...
Downloadable Content
January 18, 2023Ken Showers, Managing Editor
In the waning weeks of 2022 I briefly touched on some of the big trends I saw being prevalent in 2023. You’ve got things like Zero Trust security strategies, AI-enhanced security algorithms, cloud-based everything, but I neglected an important one I think, and that’s recurring revenue.
I know because its something that’s come up multiple times in the past two weeks. NAPCO has credited its recent growth to recurring revenue, and in interviewing CEO Don Joos this past week its...
SSN interview with ACRE CEO Don Joos
January 16, 2023Ken Showers, Managing Editor
LAS VEGAS – Don Joos took the helm as CEO of ACRE, a global provider of networking and security solutions, back in May of 2022, and this week Security Systems News sat down with him to discuss how things are going and what’s next for ACRE in 2023.
SSN: Mr. Joos, please tells us a little bit about yourself, and how you’re settling into the company.
Joos: From a background perspective, you know I've spent pretty much all my career in technology, and I've...