Tag: Resideo Technologies
Resideo acquires BTX Technologies
March 13, 2023SSN Staff
SCOTTSDALE, Ariz. – Resideo Technologies, Inc. has announced the completion of its acquisition of BTX Technologies, Inc., a privately held distributor.
Based in Hawthorne, N.Y., and founded in 1967, BTX is described as a leading distributor of professional audio, video, and data communications and broadcast equipment. BTX additionally offers a private brand portfolio, including the BookIT Room Scheduling Solution, which holds several patents for connectivity products and provides manufacturing...
Resideo announces Q3 2022 financial results
November 13, 2022SSN Staff
SCOTTSDALE, Ariz.—Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, has announced Q3 financial results ending Oct. 1, 2022.
Among the Q3 2022 highlights were:
Net revenue of $1.62 billion, up 8 percent from $1.5 billion in the third quarter 2021
Gross profit margin of 26.6 percent, compared to 28.1 percent in the prior year comparable period
Operating...