Resideo Provides Update on Planned Spin-Off of ADI Global Distribution
Resideo filed an amended Form 10 registration statement for the planned spin-off of its ADI Global Distribution business and announced Investor Days for both Resideo and ADI in mid-July. The company reaffirmed its second quarter and full year 2026 financial outlook, with Q2 revenue expected between $1.92 billion and $1.94 billion.
Key figures
- Eps
- $0.71 - $0.75
- Revenue
- $1,916 - $1,940
- Guidance
- FY 2026 revenue $7.8B-$7.9B, Adjusted EBITDA $935M-$985M, Adj EPS $3.00-$3.20
- Ps q2 revenue
- $673 - $681
- Adi q2 revenue
- $1,243 - $1,259
- Fy adjusted ebitda
- $935 - $985
- Q2 adjusted ebitda
- $216 - $230
- Ps q2 adjusted ebitda
- $163 - $175
- Adi q2 adjusted ebitda
- $81 - $87
- Pro forma standalone costs ps 2025
- $76 million
- Pro forma standalone costs adi 2025
- $64 million
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.