Resideo provides update on covid-19 impact

Resideo provides update on covid-19 impact.resideo technologies inc - eliminated board service fees for board of directors for q1 of 2020.resideo technologies inc - reduced salaries / implemented a furlough program for certain other company employees.resideo technologies - restricted new hiring activity.resideo technologies - resideo & honeywell have agreed to defer until july 30, 2020 approximately $42 million in payments otherwise due to honeywell in q2.resideo technologies inc - withdrawing its previously issued 2020 guidance.resideo technologies - expects q1 sales & adjusted ebitda to generally be in line with expectations communicated on its q4 and full-year earnings call.resideo technologies - drew down all funds available under $350 million revolving credit facility.resideo technologies inc - in certain locations around world, including mexico, resideo has suspended operations.resideo technologies inc - postponed or reduced non-essential capital expenditures.resideo technologies inc - reduced salaries for certain senior executives.
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