Tag: NYSE
Resideo announces Q3 2023 financial results
November 6, 2023SSN Staff
SCOTTSDALE, AZ – Resideo Technologies has produced its financial results for the third quarter ended Sept. 30, 2023.
Highlights from the quarter include a net revenue of $1.55 billion compared to $1.62 billion in the third quarter 2022, and income from operations of $109 million, including restructuring charges of $38 million, compared to $155 million in the third quarter 2022. A fully diluted GAAP EPS of $0.14 and non-GAAP EPS of $0.41 compared to GAAP EPS of $0.42 and non-GAAP EPS...
Citigroup assumes coverage on ADT
November 6, 2012SSN Staff
NEW YORK—Investment analysts at Citigroup began coverage on shares of ADT in a note issued on Monday to investors, according to multiple reports. The firm set a “buy” rating and a $48.00 price target on the stock.
The analysts had to untangle “complex accounting” and adjust cash flows to estimate steady-state free cash flow. They estimated the fair value to be about $42 per share, with potentially hidden tax assets adding another $6.
ADT shares opened at $41.88 on Monday....
This Blog's on Fire (And Other Stuff)
Biggest ADT sign ever?
October 7, 2012Tess Nacelewicz
I'm in the Big Apple to cover a ceremony tomorrow morning in which the newly independent ADT will ring the bell at the New York Stock Exchange. While walking around today, I've been noticing that many businesses here display a small octagonal blue ADT sign in the corner of their windows.
But that sign really hit me in the eye today when I went to check out the NYSE on Wall Street. A huge white banner bearing the trademark blue ADT sign was stretched across the stately columns that mark the entrance...
Former NYSE security exec on technology and business acumen
February 10, 2011Martha Entwistle, Leischen Stelter
NEW YORK—Even for a security practitioner whose education and work experience is based mostly in technology, being successful in the security industry is a balance of business sense combined with a touch of finesse, according to John De George.
Over the course of his career, De George has worked for security manufacturers, as a systems integrator, as a security practitioner for the New York Stock Exchange, and on Jan. 17, De George made another career switch, joining consulting firm Ducibella...