Resideo (ADI) Stock Pops 20%, Financials Analyzed

*******, *** ******* ****** *** *** Honeywell *****, *** **** **** ** the **** ****, **** *** ***** increasing ~**% ***** ********* ** **** results.

** *** **** ****, *** ***** was ************* **:

*******, ***** ******* *** **** *** of *********, *** *******'* ***** *** been ******** *** ******* *** ****:

** **** ****, ** ******* *** results, **** ********, **** ** ***** problematic, *** *** ********, *** **** of ****** *** ********, *** ****.

*** **********, ********** **** *****, **** ******* **** Analyzed, ****** ********* ******** *** *** **** For ******** ** ******* ********.

*******, *** ***** ***** ******** ******** Resideo ****** **** ** ******** ************* rather **** **** ************* ****** *** core ******** ********* **** ***** ** the ********. **** ** **** ************ by*** ******** **** **********, ******* **** ********* **** **** has ********:

*******, ******* ** ***** **** ** negative:

****, ***** ******* *** **** ** modest, **** *** ********** ******* ** be ******* **** *** ***** ******** business ** ** ******** *********:

ADI **** / ****

******* *** *** **** ****, **** gross ******* *** ********* ******* *********:

*** ***** ****** ** *** ****** quarter *** **% ******** **** **.*% in ** **** ****. ***** ******* were ********** ******** ** ********** ************ pricing ******** *********** ** ****, ******* vendor ****** ******** *** ** ***** volumes *** **** *********** ******* ** certain **********. *** ********* ****** ** $59 ******* *** **** **% ******** with ***** **, ********** *** ***** sales *** ***** ****** ** **** operating ********.

****, **** **** ** *** ********* to ** ************* ******:

*** ***** ****** ** ******** ** be **** *** *** ****, ** we ******** ** *** ****-****-**** ********* from ************ ******** ** *** ***** half ** ****.

******* ** ****** ******* ****, ********* with ***:

*********** ... *** ********* ** **** position *** ******** *** ********** ****-**** growth

****** ******* *******, ****** *** ******** of*** ***** ****** ******* ****, *****, ***** ***** ********** ***********, reflects *******'* ***** ** *****-**** *************.

**********, *** ***** *** ***** ******* 5 ** **% *** **** *** had **** * ******** ****** **** for *******, **** *********.** ******** **** ********* ** ******** ** ****** *** *******.

ADI ** *****

** *** ******** **** *** ***, it ** ******* *****-****** *****:

*** ********* ** **** ******** **** its ********* **** ******** **********, ************ in *** *********** ******. *** ******** BTX ** ***** ****, ****** *** capabilities ** *** ************ ** ****** and **-******** ****** ***** **********. ***** was *** ** ***'* ****** ********** categories ** ****, ******* *% ** an ******* *****, *** *** ******** for **% ** *** *****.

** **** **** ****** ** **** of * ****** ** *** ****** minimal ********** ******** ** **, ****** than *** ** ****** ****** *********** organic ******. ** ********, ** ******** security, ***** ***'* ******* ***** ****, further ****** ** ********** ***********.

ADT ********

**** *** ******* ** *** *********** with ******, *** ** ****** ******** revenue, **** *** ******* *************:

** ****** *** **** ******** ******** sales ** *** ** ******* ** approximately $*** ******* ******** **** **** levels, **** * ******* ********** ********* in ****.

*******'* ******* ******** ** ~$*.* ******* annually, ** * ***** $*** ******* contraction ** * ******* ** ~*%, though **** ******** *** ******** ******* sells ********* ***, *****, ******, ***. Focused **** ** ********'* ******** ********, this ** **** **** ********.

*******, ******* ********* **** ******** ***** future *** ******* ****** **** *** concluding ****:

***** * ******* ** ******* ****** four ***** ***, *** **** *** built * ************* ************ ************ **** ADT **** *** ********* ***** ****. While, ** *** ******** ** **** legacy ********, ** ******* ***** ************* have ******* * ****** ****** ********** for ********* ************* *** ***********.

Wiring ******** ****

** *******,******* **** *** ******* **** *********** $**.* ******* ****. ***, *** company *** ********* *** ********'* ******* and *******:

*** **** ** *** ******* **** business **** ****** **** ******** *** solutions ******** ***** ** ************* $*** million *** ********* ****** ** ************* $10 ******* ******** **** ****.

**** ** * ****** ******* (~* P/E) *** * ********** ****** ******** with *********** ***********.

No ****** *****

***** ******* *** **** ******* *********** cuts *** *******, *** ******* ***** any ****** ***** ***** *** *** company *** ** ************* ****** ** fundamentally **** ********** **** ** ** today. *** ******* *** ****** ******** as **, *********** ******** ******* *** some ****, *** *** *** **** of ********* *** *** ************, ** does **** ** **** * **** growth ********.