Resideo announces third quarter 2021 financial results

Austin, texas, nov. 4, 2021 /prnewswire/ -- resideo technologies, inc. (nyse: rezi), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced financial and operating results for the third quarter ended october 2, 2021. third quarter 2021 highlights net revenue of $1.5 billion, up 10% from $1.4 billion in the third quarter 2020 gross profit margin of 27.8%, up 60 basis points compared to gross profit margin of 27.2% in the prior year comparable period operating profit of $167 million, or 11.2% of revenue, an increase of $36 million from $131 million, or 9.6% of revenue, in the third quarter 2020 cash provided by operating activities of $104 million compared to $21 million in the prior year comparable period third quarter 2021 performance consolidated revenue of $1.5 billion in the third quarter 2021 increased 10% compared with $1.4 billion in the third quarter 2020.
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