Earnings Call Summary | Resideo Technologies(REZI.US) Q2 2024 Earnings Conference
Earnings Call Summary | Resideo Technologies(REZI.US) Q2 2024 Earnings Conference
Operating improvements contributed to a strong free cash flow of $77 million for Q2 and $325 million over the last 12 months.The following is a summary of the Resideo Technologies, Inc. (REZI) Q2 2024 Earnings Call Transcript:
以下是Resideo Technologies（REZI）2024年第二季度業績會交易摘要：
Financial Performance:
金融業績：
Resideo reported Q2 2024 adjusted EBITDA of $175 million, surpassing the high end of its outlook range.
Products & Solutions adjusted EBITDA margin improved significantly to 24.8%, up 460 basis points from Q2 last year, with a gross margin of over 41%.
Operating improvements contributed to a strong free cash flow of $77 million for Q2 and $325 million over the last 12 months.
Resideo報告Q2 2024年調整後的EBITDA爲1.75億美元，超過其展望區間的高端。
產品和解決方案調整後的EBITDA毛利率顯著提高至24.8％，較去年Q2增長460個點子，毛利率超過41％。
運營改善爲Q2提供了強勁的自由現金流，爲7700萬美元，過去12個月爲3.25億美元。
Business Progress:
業務進展：
Resideo completed the acquisition of Snap One during Q2, aiming to bolster its offerings in the audiovisual and smart living markets.
Integration of Snap One with Resideo is seen as a major strategic initiative, targeting $75 million in annual run-rate synergies by 2026.
The company is focusing on launching new products in major categories such as thermostats and security systems, aiming for significant releases in Q4 2024.
Resideo在Q2完成了對Snap One的收購，並旨在加強其在音視頻和智能生活市場的產品。
將Snap One與Resideo整合被視爲一項重大戰略舉措，旨在到2026年實現7500萬美元的年度運行率協同效應。
該公司專注於在主要類別（如恒溫器和安全系統）推出新產品，旨在在2024年第四季度推出重大版本。
Opportunities:
機會：
The acquisition of Snap One enhances Resideo's product breadth and distribution in the audiovisual and smart living sectors.
Resideo is poised to capitalize on cross-selling opportunities and enhance proprietary product offerings through the integration of Snap One.
收購Snap One增強了Resideo在音視頻和智能生活領域的產品廣度和分銷。
通過整合Snap One，Resideo將有望充分利用交叉銷售機會並增強專有產品供應。
Risks:
風險：
No explicit risks detected.
沒有發現任何明確風險。
More details: Resideo Technologies IR
更多詳情：Resideo Technologies IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。