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Resideo Technologies: Q1 Earnings Snapshot

SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Resideo Technologies Inc. (REZI) on Tuesday reported earnings of $38 million in its first quarter.

On a per-share basis, the Scottsdale, Arizona-based company said it had net income of 17 cents. Earnings, adjusted for one-time gains and costs, were 65 cents per share.

The residential comfort and security systems maker posted revenue of $1.91 billion in the period.

For the current quarter ending in June, Resideo Technologies expects its per-share earnings to range from 71 cents to 75 cents.

The company said it expects revenue in the range of $1.92 billion to $1.94 billion for the fiscal second quarter.

Resideo Technologies expects full-year earnings in the range of $3 to $3.20 per share, with revenue ranging from $7.8 billion to $7.9 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REZI at https://www.zacks.com/ap/REZI

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