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Resideo’s Q2 performance highlights product momentum, strategic realignment

Residential

Resideo’s Q2 performance highlights product momentum, strategic realignment

August 6, 2025Ken Showers, Managing Editor

SCOTTSDALE, Ariz. — Resideo scored some record highs in the second quarter of 2025, including net revenue of $1,943 million, a 22% increase, driven by strong product demand and positive market forces.  “Gross margin expansion and increased EBITDA generation were underpinned by growing operating income dollars at (ADI Global Distribution) and Products & Solutions, both sequentially and year over year,” said CEO Jay Geldmacher during a recent webcast. “Demand for our...

ADI Global Distribution, Jay Geldmacher, Resideo, Rob Aarnes, Snap One, tariff


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Resideo announces record Q2 2025 results, raises 2025 outlook

Residential

Resideo announces record Q2 results, raises 2025 outlook

August 5, 2025SSN Staff

SCOTTSDALE, Ariz. — Resideo Technologies has announced the financial results for its second quarter ended June 28, 2025. "Resideo had an exceptional second quarter, reporting record high results that were above the high-end of the range for all our key financial metrics. We are pleased to report that both the ADI and Products and Solutions segments generated organic net revenue growth, gross margin expansion, and robust Adjusted EBITDA growth," said Jay Geldmacher, Resideo's president...

2025, ADI Global Distribution, Jay Geldmacher, Resideo Technologies, Second Quarter (Q2)


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Inside ADT’s $89M subscriber purchase: High-density, planned attrition, strong returns

Residential

Inside ADT’s $89M subscriber purchase: High-density, planned attrition, strong returns

August 1, 2025Ken Showers, Managing Editor

BOCA RATON, Fla. — ADT’s bulk customer portfolio acquisition of 50,000 subscribers for $89 million during the second quarter helped to boost the company’s recurring monthly revenue (RMR) 2% to $363 million year over year.  The company’s customer retention rate also improved slightly from the previous quarter and decreased only one-tenth of a percent from the previous year.  “This includes further expansion of our ADT Plus to a larger percentage of our...

ADT, ADT Plus, Jeff Likosar, Jim DeVries, Mergers & Acquisitions


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Parks Associates study finds half of apartment residents worried about community safety

Residential

Parks Associates study finds half of apartment residents worried about community safety

July 31, 2025SSN Staff

DALLAS — A new study from Parks Associates, titled "Smart, Safe, and Secure Apartment Living," reveals approximately half of apartment residents report that they are worried about community safety and show interest in smart amenities when searching for a new home. The research, studying 8,0000 U.S. internet households, is focused on renter demand for smart, safe, and secure living solutions and the impact of investments into resident-facing apps and app functions, property access...

Access Control, Kristen Hanich, Parks Associates, security cameras, smart door lock


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ADT Q2 2025 results reflect success of subscription services/account purchases

Residential

ADT Q2 2025 results reflect success of subscription services/account purchases

July 30, 2025SSN Staff

BOCA RATON, Fla. — ADT reported its results for the second quarter of 2025 buoyed by high RMR and adoption of its ADT+ platform. “ADT delivered another strong quarter, highlighted by record recurring monthly revenue, robust cash flow generation, and strong earnings per share growth. These results reflect the resilience of our business and effective execution of our strategy,” said ADT Chairman, President and CEO, Jim DeVries. “With increasing adoption of our ADT+ platform...

2025, ADT, Jim DeVries, recurring monthly revenue (RMR), Second Quarter (Q2)


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Vivint appeal fails as court affirms judgment in CPI lawsuit

Residential

Vivint appeal fails as court affirms judgment in CPI lawsuit

July 24, 2025SSN Staff

RICHMOND, Va. — Smart home and home security product manufacturer Vivint is on the hook for $189.7 million in damages, including a $140 million punitive damages award, to CPI Security after the Fourth Circuit Court of Appeals affirmed its judgment from the 2023 case. “When a business deliberately engages in widespread unfair competition against one of its rivals over a period of years, the consequences can be expensive,” Circuit Judge Paul Niemeyer wrote in his opinion filed...

CPI Security, home security, Manufacturer, Security Systems News (SSN), smart home, Vivint


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Allied Universal’s Glen Kucera talks current executive protection landscape

Residential

Allied Universal’s Glen Kucera talks current executive protection landscape

July 23, 2025Ken Showers, Managing Editor

NEW YORK—Despite the growing adoption of AI and other advanced technologies, there might not be a more swiftly changing sector in the security industry right now than executive protection, says Allied Universal’s Glen Kucera.  Security Systems News spoke with Kucera, president, Enhanced Protection Services, to learn more about how recent events are driving this change.  SSN: You recently said that executive protection is more than glorified driving. Could you elaborate...

Allied Universal, Enhanced Protection Services business unit, executive protection, Glen Kucera, Residential


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ASSA ABLOY posts decent Q2, but high interest rates and tariffs loom large in the Americas

Residential

ASSA ABLOY posts decent Q2, but high interest rates and tariffs loom large in the Americas

July 23, 2025Ken Showers, Managing Editor

STOCKHOLM — ASSA ABLOY credited its decentralized strategy for its positive organic volume growth for the second quarter in a row, but challenging market conditions in the West and a decline in sales for EMEIA and Asia Pacific cast a pall over gains.  During a recent webcast, President and CEO Nico Delvaux expressed optimism for the company’s performance, backed by 3% organic growth and acquired net growth of 5% for the second quarter. This is despite a decline in growth for China...

Assa Abloy, Nico Delvaux, Residential, Second Quarter (Q2), tariff


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Allegion, Comfort Technologies implement mobile credentials

Residential

Allegion, Comfort Technologies implement mobile credentials

July 17, 2025SSN Staff

CARMEL, Ind. — Artisan Apartment Homes, a luxury apartment complex in Dunedin, Florida, recently transitioned from mechanical keys to electronic locks and centralized system software with support from Allegion US, and Comfort Technologies. The upscale 65-unit multi-family apartment property previously issued all residents a fob for perimeter access and a key to access the mechanical lock at their apartment door. Between legacy fobs and keys, patchwork infrastructure, and a steady flow of...

Access Control, Allegion US, Cloud-Based, Comfort Technologies, electronic locks, multi-family housing, smart locks


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Security strategies shift as executive threat landscape evolves

Residential

Security strategies shift as executive threat landscape evolves

July 14, 2025Ken Showers, Managing Editor

YARMOUTH, Maine — Spending on executive protection services is surging in the United States, driven by a rise in politically motivated violence, most recently in Minnesota.  The shootings in Minnesota in June, which resulted in the deaths of a state representative and her husband, follow the assassination of a UnitedHealthcare CEO in 2024.  In response, companies have significantly increased their investment in executive security. An Equilar study of S&P 500 companies found:  The...

Allied Universal, executive protection, Glen Kucera, Michael Evanoff, Residential Security, UnitedHealthcare, Verkada


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