RESIDEO TECHNOLOGIES, INC. (REZI)
2025-06-28 | 2025-03-29 | 2024-09-28 | 2024-06-29 | |
---|---|---|---|---|
Net revenue | 1,943 | 1,770 | 1,828 | 1,589 |
Cost of goods sold | 1,374 | 1,259 | 1,304 | 1,142 |
Gross profit | 569 | 511 | 524 | 447 |
Restructuring, impairment and extinguishment costs, net | - | - | 29 | 11 |
Selling, general and administrative expenses | 319 | 306 | 317 | 280 |
Restructuring, impairment and extinguishment costs | 2 | 4 | - | - |
Research and development expenses | 41 | 35 | 23 | 21 |
Intangible asset amortization | 30 | 30 | 29 | 13 |
Total operating expenses | 392 | 375 | 398 | 325 |
Income from operations | 177 | 136 | 126 | 122 |
Interest expense, net | 24 | 25 | 27 | 15 |
Indemnification agreement expense | 882 | - | - | - |
Other expenses, net | -9 | -96 | -55 | -48 |
Net (loss) income before taxes | -738 | 15 | 44 | 59 |
Provision for income taxes | 87 | 9 | 24 | 29 |
Net (loss) income | -825 | 6 | 20 | 30 |
Less preferred stock dividends | 8 | 9 | 8 | - |
Less undistributed income allocated to preferred stockholders | - | - | 1 | - |
Net (loss) income available to common stockholders, basic | -833 | -3 | 11 | 30 |
Basic (in dollars per share) | -5.59 | -0.02 | 0.07 | 0.19 |
Basic (in shares) | 149,000,000 | 148,000,000 | 147,000,000 | 146,000,000 |
Diluted (in dollars per share) | -5.59 | -0.02 | 0.07 | 0.19 |
Diluted (in shares) | 149,000,000 | 148,000,000 | 149,000,000 | 149,000,000 |