Tag: SkyBell Technologies
NRG quarterly performance points to accelerating integration of smart home services into commercial operations
November 3, 2023Ken Showers, Managing Editor
HOUSTON – During its third fiscal quarter financial results webcast NRG Energy revealed new guidance for 2024 above the initial investor day plan and has been hastening its integration of Vivint's smart home offerings into its commercial operations.
The company reported a third quarter 2023 Net Income of $343 million. Adjusted EBITDA for the third quarter was $973 million, Cash Provided by Operating Activities was $566 million, and Free Cash Flow Before Growth Investments...
Trick or treatise
November 1, 2023Ken Showers, Managing Editor
As promised, I’m going to talk up a particular subject for this week’s Monitoring Matters, and we’re going to discuss lawsuits!
While I write this the witching hour has come to pass and Halloween has run its course for the year, although probably not all the sugar in some of your bloodstreams (shame on you, that was your child’s candy). October went out with a bang however, with a couple of really big announcements for the security industry over the course of the month....
Vivint ordered to pay $45 million to SkyBell Technologies
October 27, 2023SSN Staff
IRVINE, Calif. – SkyBell Technologies, a video doorbell and smart home security solutions provider, has announced a successful outcome in its recent patent infringement lawsuit against Vivint.
According to a release from the company, on Monday, Oct. 23, 2023, a federal jury in the Sherman Division of the Eastern District of Texas rendered its verdict, determining that Vivint Inc. willfully infringed upon two of SkyBell's patents, leading to a damage award of $45.4 million in favor of...