Resideo announces full year and fourth quarter 2024 financial results and initiates 2025 outlook

Full year 2024 net revenue was $6.76 billion, exceeding the high-end of outlook range; reflects organic revenue(1) growth at both adi and products and solutions full year 2024 cash provided from operating activities was $444 million, a new record and exceeding outlook full year 2024 net income was $116 million or $0.61 per fully diluted share; adjusted ebitda was $693 million and adjusted eps was $2.29, both exceeding the high-end of outlook range fourth quarter net revenue growth was 21% year-over-year, exceeding the high-end of outlook range fourth quarter products and solutions gross margin was 40.8%, seventh consecutive quarter of year-over-year improvement scottsdale, ariz. , feb. 20, 2025 /prnewswire/ -- resideo technologies, inc. (nyse: rezi), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced financial results for the full year and the fourth quarter ended december 31, 2024.
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