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Resideo Provides Update on Planned Spin-Off of ADI Global Distribution

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Files Amended Form 10 Registration Statement

Announces Scheduling Details for Resideo and ADI Investor Days

Reaffirms Previously Announced Second Quarter and Full Year 2026 Outlook; Releases Segmented P&S and ADI Second Quarter 2026 Financial Outlook

SCOTTSDALE, Ariz., June 4, 2026 /PRNewswire/ — Resideo Technologies, Inc. (NYSE: REZI) (“Resideo” or the “Company”), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced that in connection with the planned spin-off of its ADI Global Distribution business (“ADI”) and consistent with the typical spin-off process, Resideo has filed an amended Form 10 registration statement to include the ADI financial statements for the three months ended April 4, 2026, with the U.S. Securities and Exchange Commission (“SEC”), a copy of which is available on the SEC website as well as Resideo’s Investor Relations website.

Resideo and ADI Investor Days

In anticipation of the business separation occurring within the previously announced range of mid-Q3’26 to mid-Q4’26, Resideo and ADI will be hosting Investor Days in New York City on July 13, 2026, and July 14, 2026.

Resideo will host a live video webcast of its Investor Day on July 13, 2026, starting at 12:00 p.m. EDT. Registration information for the Resideo Investor Day can be found here.

ADI will host a live video webcast of its Investor Day on July 14, 2026, starting at 12:00 p.m. EDT. Registration information for the ADI Investor Day can be found here.

Both events will take place at the New York Stock Exchange and will include management presentations, product showcases and Q&A sessions with executive management. During the events, members of the leadership teams will provide details on Resideo’s and ADI’s standalone businesses, longer-term financial outlooks and respective value creation strategies.

Live webcasts of the events, along with related presentation materials, will be available on Resideo’s Investor Relations website. Replays of the webcasts will be available following the presentations.

Resideo Reaffirms Second Quarter and Full Year 2026 Financial Outlook and Releases Second Quarter 2026 Segmented P&S and ADI Financial Outlook

Resideo reaffirms its previously released second quarter and full year 2026 financial outlook as provided on May 12, 2026. The full year 2026 financial outlook reflects the expectation that ADI net revenue and Adjusted EBITDA will be up year over year in the second half of 2026.

($ in millions, except per share data)

Q2 2026

Full Year 2026

Net revenue

$1,916 – $1,940

$7,800 – $7,900

Non-GAAP Adjusted EBITDA1

$216 – $230

$935 – $985

Non-GAAP Adjusted Earnings Per Share1

$0.71 – $0.75

$3.00 – $3.20

Ahead of the announced investor days, the Company is providing the following segmented outlooks for the second quarter of 20262:

($ in millions)

P&S

ADI

Corporate

Total

Net Revenue

$673 – $681

$1,243 – $1,259

N/A

$1,916 – $1,940

Non-GAAP Adjusted EBITDA1

$163 – $175

$81 – $87

($28) – ($32)

$216 – $230

Commentary Regarding Second Quarter Segmented Outlooks

Based on quarter-to-date performance, for the second quarter of 2026, Resideo anticipates:

P&S being at or above the midpoint of the outlook ranges for net revenue and Adjusted EBITDA due primarily to continued demand for products across various channels; andADI being at or above the midpoint of the outlook ranges for net revenue and Adjusted EBITDA, with estimated low single-digit average daily sales growth year-over-year and low single-digit decline year-over-year in reported net revenue, partially as a result of one fewer selling day in the second quarter of 2026 as compared to the second quarter of 2025.

About Resideo

Resideo is a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets. We are a leader in the home heating, ventilation, and air conditioning controls markets, smoke and carbon monoxide detection home safety and fire suppression products markets, and security products markets. Our solutions and services can be found in over 150 million residential and commercial spaces globally, with tens of millions of new devices sold annually. For more information about Resideo and our trusted, well-established brands including First Alert, Honeywell Home, BRK, Control4, and others, visit www.resideo.com.

Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, those regarding the anticipated separation of Resideo Technologies’ Products & Solutions and ADI Global Distribution businesses into two independent publicly traded companies, the expected timing for the Investor Days for Resideo and ADI, our reaffirmation of previously released second quarter and full year 2026 financial outlook for Resideo, our segmented 2026 second quarter outlooks for each of our business segments, and other future events or developments. Forward-looking statements are typically identified by such words as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should,” “will,” and similar expressions, although not all forward-looking statements contain these words. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Among the factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements are the possibility that the conditions to the separation may not be obtained or satisfied within the expected timeframe or at all; that the separation may not be completed on the anticipated terms or timing or may not occur at all; that the separation may not achieve the intended strategic, operational, or financial benefits for Resideo, its businesses, or its shareholders; that Resideo may experience operational or other disruptions as a result of the separation, including those relating to information technology systems, business processes, internal controls, customer and vendor relationships, and workforce alignment. Each separated company’s ability to succeed as an independent enterprise will depend on numerous factors, including the execution of their respective strategies and plans, access to capital markets, the competitive landscape, and general business and economic conditions. Other risks and uncertainties include, but are not limited to, (1) our ability to achieve our outlook regarding the second quarter and full year 2026 for Resideo as a whole and for the 2026 second quarter for each of our business segments, (2) our ability to recognize the expected savings from, and the timing and impact of, our existing and anticipated cost reduction actions, and our ability to optimize our portfolio and operational footprint, (3) the ability of Resideo to drive increased customer value and financial returns and enhance strategic and operational capabilities, (4) risks and uncertainties relating to tariffs that have been or may be imposed by the United States and other governments, and (5) the other risks described under the headings “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in our Annual Report on Form 10-K for the year ended December 31, 2025 and other periodic reports, as well as risks described under the heading “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in the Form 10 filed by ADI Global Distribution Inc. with the SEC.

All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Although we believe forward-looking statements are based upon reasonable assumptions, such statements involve known and unknown risks and uncertainties, which may cause the actual results or performance of Resideo and/or our business segments to differ materially from such forward-looking statements. Forward-looking statements are not guarantees of future performance, and actual results, developments, and business decisions may differ from those envisaged by our forward-looking statements. Except as required by law, we undertake no obligation to update such statements to reflect events or circumstances arising after the date of this press release and we caution investors not to place undue reliance on any such forward-looking statements.

Basis of Presentation

This press release contains forecasted financial information that does not reflect the anticipated separation of Resideo Technologies’ Products & Solutions and ADI Global Distribution businesses into two independent publicly traded companies or how each company expects to operate on a standalone basis. As a result, the Adjusted EBITDA forecasts included in this press release should not be viewed as our expectation for what Resideo (as the owner of the Products & Solutions business) or ADI Global Distribution will report or achieve on a standalone basis, including what ADI Global Distribution may report in its Registration Statement on Form 10 or other future filings. As previously disclosed, the estimated pro forma standalone costs for each of the Products & Solutions and ADI Global Distribution businesses, respectively, for the year ended December 31, 2025 were $76 million and $64 million.

Use of Non-GAAP Measures

This press release includes certain “non-GAAP financial measures” as defined under the Securities Exchange Act of 1934 and in accordance with Regulation G thereunder. Management believes the use of such non-GAAP financial measures assists investors in understanding the ongoing operating performance of the Company by presenting financial results between periods on a more comparable basis. Such non-GAAP financial measures should not be construed as an alternative to reported results determined in accordance with U.S. GAAP. Readers should also consider the limitations associated with these non-GAAP financial measures, including the potential lack of comparability of these measures from one company to another.

A reconciliation of the forecasted ranges for Adjusted EBITDA and Adjusted Earnings Per Share for the second quarter of 2026 and for the full year 2026 are not included in this press release due to the number of variables in the projected range and because we are currently unable to quantify accurately without unreasonable efforts certain amounts that would be required to be included in the U.S. GAAP measure or the individual adjustments for such reconciliation. In addition, we believe such reconciliation would imply a degree of precision that could be confusing or misleading to investors. However, for Resideo as a whole, the second quarter of 2026 and full year 2026, respectively, we anticipate the following expenses in our GAAP to non-GAAP reconciliation: depreciation and amortization of $53 million and $212 million, interest expense, net of $46 million and $181 million, and stock-based compensation expense of $14 million and $58 million.

————————————————————
1 This press release includes certain “non-GAAP financial measures” as defined under the Securities Exchange Act of 1934. Resideo management believes the use of such non-GAAP financial measures, including Adjusted EBITDA and Adjusted EPS assists investors in understanding the ongoing operating performance of Resideo by presenting the financial results between periods on a more comparable basis.

2 Please refer to the information set forth under the heading “Basis of Presentation” below.

Contacts: 
Investors:
Christopher T. Lee
Global Head of Strategic Finance
investorrelations@resideo.com

Media:
Garrett Terry
Corporate Communications Manager
garrett.terry@resideo.com

or

Dan Moore, Tali Epstein
Collected Strategies
Resideo-CS@collectedstrategies.com  

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SOURCE Resideo Technologies, Inc.

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Sharing opportunities — A New Landscape of Asia-Pacific Development

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BEIJING, Sept. 3, 2026 /PRNewswire/ — A news report from China.org.cn on Asia-Pacific community:

Combining a bionic eagle-claw gripper with a drone for disaster relief — that is the project Nathapol’s team from Thailand took to the finals of the Lancang-Mekong Countries Science and Technology Innovation Competition.

They spent a year refining and testing it, again and again. Although his team did not ultimately win, when they sat down with other young people from the Lancang-Mekong countries for in-depth exchanges, Nathapol also got a close-up look at innovative projects from other countries, ranging from biomedicine and modern agriculture to information technology. These young people’s ideas, nurtured by events like this, gradually grow into opportunities that could benefit people across the region.

Changes brought by technological progress are playing out in the everyday rhythm of the production line in the smart factory in Thailand. Through cooperation between Chinese and Thai companies, the factory is equipped with full 5G coverage; procedures that once required repeated manual inspection can now be handled by AI-powered visual inspection; and high temperature or the highly repetitive operations can be completed by robotic arms remotely controlled from a mobile phone. Here, technology isn’t simply replacing people on the production line — it has reduced danger and repetitive work.

At Chancay Port in Peru, a member of APEC, such opportunities are reaching even further. A cargo ship sailing out of Chancay Port, loaded with local fresh fruit such as blueberries and avocados, can now reach Shanghai in just 23 days, about 10 days faster than before. For the farmers and exporters, a new port, a new route and shorter shipping times can translate into a larger market, bigger profits, and tangible improvements in their lives.

Inside the port, the changes are equally concrete. Automated quay cranes and yard cranes, self-driving container trucks, and digital twin technology have made Chancay Port’s operations smarter. A new generation of young Peruvians who work at the port, in turn, are learning and honing skills for the “behind the screen era.”

Similar changes are taking place in other countries in the Asia-Pacific.

In Naoero, at nine o’clock in the morning, workers harvest fresh lettuce in a container-based “vegetable factory” built with China’s assistance; an hour and 20 minutes later, a local housewife drops a bag of the produce into her shopping cart. In Naoero, where fresh vegetables have long relied on air-freighted imports, China’s soilless cultivation technology has ultimately taken shape as bags of freshly picked vegetables on kitchen tables, at more affordable prices.

From a young innovator and his project to a smart factory, a port and a shipping route, and to the application of technologies and their coexistence with people, such stories offer a glimpse into the ever-closer ties among Asia-Pacific countries.

In recent years, China has continued to widen market access, advance the development of pilot free trade zones, and further facilitate trade and investment through regional frameworks such as RCEP and the China-ASEAN Free Trade Area 3.0. Platforms such as the China International Import Expo, the China International Supply Chain Expo and the China International Consumer Products Expo have likewise opened up more opportunities for global business owners to bring their products to China and connect with potential partners.

China is hosting APEC 2026 under the theme “Building an Asia-Pacific Community to Prosper Together,” with “openness,” “innovation,” and “cooperation” identified as the priorities. Ever-extending connections forged deeper links between markets and people’s lives, enabling more development opportunities to thrive and be shared in this Asia-Pacific community.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm
Sharing opportunities — A New Landscape of Asia-Pacific Development
http://www.china.org.cn/video/2026-09/04/content_118679249.shtml

View original content to download multimedia:https://www.prnewswire.com/news-releases/sharing-opportunities–a-new-landscape-of-asia-pacific-development-302869725.html

SOURCE China.org.cn

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TÜV Rheinland Presents LCA Certificate to Aputure Studio Light

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SHENZHEN, China, Sept. 4, 2026 /PRNewswire/ — On August 21, TÜV Rheinland Greater China, the international independent testing, inspection and certification organization presented Shenzhen Aputure Imaging Technology Co., Ltd. (“Aputure”) with a life cycle assessment (LCA) certificate for its STORM CS32 studio light at the 2026 Aputure Fan Night.

The certification reflects Aputure’s commitment to environmental responsibility and provides a scientific basis for identifying the stages of a product’s life cycle with the greatest environmental impact, enabling targeted improvements that will guide future product optimization and sustainability management.

Gao Chao, Deputy Director of Aputure’s product center, and Li Qiang, Vice General Manager of Sales at TÜV Rheinland Greater China Electrical, attended the certificate presentation ceremony.

The project moved beyond the conventional approach of evaluating a single production stage. Instead, it applied a “cradle-to-grave” perspective, systematically assessing the studio light across its entire life cycle from raw material extraction, manufacturing, distribution and transportation, through product use, to end-of-life disposal. The assessment pinpointed the key factors and stages where environmental impact is greatest, providing data to support eco-design, process improvement and supply chain optimization.

“Sustainability has become a core imperative for business development,” Gao said. “Receiving this LCA certificate marks an important milestone in our efforts to integrate green principles across the entire research, development and manufacturing of our products. While refining technical performance, we continue to identify opportunities to reduce environmental impact throughout the product life cycle. Going forward, Aputure will advance eco-design, drive continuous innovation and support the industry’s transition toward a green, low-carbon future.”

“The global transition toward green, low-carbon development is accelerating, and sustainability has shifted from an option to a must for enterprises,” Li said. “LCA helps companies understand the composition of their products’ environmental footprint and identify where improvements can be made, moving from isolated green initiatives to systematic capability building. This certification not only recognizes Aputure’s achievements to date. It also marks a new starting point for building full life cycle environmental management capabilities. TÜV Rheinland is honored to have been part of this project, and we look forward to deepening our cooperation to help the professional film and television lighting industry move toward higher-quality, more sustainable growth.”

As a leading global technology service provider, TÜV Rheinland operates specialized laboratories and a global technical network covering safety, electromagnetic compatibility, performance verification and market access for electrical and electronic products. It offers one-stop solutions for photographic equipment, film and television lighting and related products, including testing, certification and assessment spanning product development, testing and certification, and post-market evaluation, helping Chinese lighting products reach global markets.

About Aputure
Shenzhen Aputure Innovation Technology Co., Ltd., headquartered in Shenzhen, is a high-tech enterprise specializing in imaging equipment. It integrates R&D, production, and global sales. The company has over 1,000 employees worldwide.

As of June 30, 2026, Aputure held 1,253 valid patents, including 171 invention patents. Aputure has subsidiaries and offices in the United States, the Netherlands, Singapore, India, Brazil, and other locations. It serves over 2 million users globally, with a sales network covering more than 175 countries.

The company owns four self-developed software and hardware product brands: Aputure, Amaran, DEITY, and the Sidus Link intelligent control system. Aputure products can be found in professional film and television crews, content creation studios, and professional live-streaming rooms worldwide, making Aputure one of the fastest-growing professional imaging equipment companies globally.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tuv-rheinland-presents-lca-certificate-to-aputure-studio-light-302869756.html

SOURCE TUV Rheinland Greater China

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EaseUS Software Reveals Windows Storage Insights Report 2026 H1 Based on 3.8 Million Global Samples

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EaseUS Study Finds Windows Storage Is Shifting from “Bigger Capacity” to “Smarter Space Management” as SSDs Become System Drive Mainstream

NEW YORK, Sept. 3, 2026 /PRNewswire/ —  EaseUS Software released the Windows Storage Trends and Insights 2026 H1 report, analyzing storage configurations and usage patterns based on 3.8 million Windows user samples. The study was conducted between February and July 2026, and found that Windows storage is shifting from simply expanding disk capacity to optimizing space allocation and proactively managing risk.

To answer the question of “How do worldwide storage structures look alike?”, EaseUS Lab, with its EaseUS Partition Master R&D and Tech Support teams, examined 6,575,391 internal physical disk drives and identified some key changes in Windows storage structure: SSDs have become the dominant storage medium, accounting for 63.03% of samples and 79.73% of system drives. This transition also indicates a new era focused on disk performance and intelligent space management, outweighing raw disk capacity.

Core Findings: Windows Storage Evolution in Progress

According to this storage report, EaseUS Lab identifies 5 critical storage trends that are reshaping the worldwide Windows storage structure:

1. SSDs Have Become the Mainstream Storage Medium in Windows Devices

SSD drives have become the primary choice for system installations. Over 79.73% of Windows system drives use SSD technology, as users prioritize performance and reliability for operating systems and applications. Meanwhile, HDDs continue to play important roles in high-capacity data storage scenarios.

2. Multi-Drive Configurations Are Expanding in Windows Storage

Over 44.85% of sampled devices are configured with two or more internal disk drives, and about 28.94% of Windows sample devices are two-disk-drive setups. This architecture reflects growing user sophistication in storage allocation: Windows devices are evolving from single-drive to multi-drive configurations, separating systems from data storage to optimize both performance and capacity utilization.

3. The Average Windows Disk Drive Capacity Is Smaller Than 1TB

Despite global storage growth, 83.37% of individual internal sample drives remain smaller than 1TB, with no significant shift toward ultra-high-capacity disks. Over 57.10% of sampled disk drives are staying in the 250GB – 1TB range. This illustrates that major Windows users are not rapidly shifting to ultra-large disk drives. In contrast, mid-range storage remains mainstream for meeting users’ daily demands.

4. C Drive Space Pressure Emerges On Smaller Disks

This storage trends research also uncovered a significant factor: although total storage increases, about 78.35% of C drives remain under 500GB. Among 17.01% of sampled disks, over 641,955 Windows devices are experiencing “C drive full”, “Low Disk Space”, or “C drive turning red” issues with critical low-space conditions of less than 10% free capacity left.  

Also, devices with C drives under 120GB face the highest risk of Low Disk Space, with 31.91% experiencing space pressure issues.

5. Regional Capacity Variations Highlight Diverse Needs

Windows storage preferences also vary significantly by region. European users favor larger disks (500GB-1TB) (29.88%), while North American and Asian users more commonly choose mid-range configurations (250GB-500GB) (28.32% and 32.54%, respectively). These differences may also reveal regional preferences in storage strategies among manufacturers and IT business owners.

Industry Implications: Focusing on Storage Strategy and Disk Lifecycle Management

According to this report, a foresight provided by EaseUS Lab, which says that “the storage industry is shifting from simply relying on storage capacity to a new stage: focusing on storage roles, disk space efficiency, and disk management capabilities.

The report outlines some strategic suggestions for different industrial players:

SSD Manufacturers: Focus on the 120GB – 500GB system drive segment; in this range, SSD upgrade opportunities remain substantial.HDD Manufacturers: Emphasize the value of secondary storage, archiving, and high-capacity data scenarios.PC OEMs: Consider proper system partition space configurations to align advertised capacity with actual usable space.Disk Health & Management Providers: Turn to proactive management and evolve from reactive cleanup tools to practical risk detection and lifecycle management strategies.

Actionable Suggestions for Actual Users

This storage report also provides C drive capacity-based management suggestions and tips for Windows users to apply:

120GB or Smaller C Drives (High Risk): Prioritize proper space allocation – these users should migrate large files to secondary drives and consider SSD upgrades for sustainable solutions.

250GB – 500GB C Drives (Mainstream): Monitor C drive space regularly, separate system and personal data, and leverage multi-drive configurations for optimal organization.

500GB or Larger C Drives (Large Capacity): Emphasize efficient space allocation, flexible partition planning, and long-term disk health monitoring instead of pursuing capacity to eliminate management needs.

How EaseUS Lab Conducted This Storage Insights Report

The Windows Storage Trends and Insights 2026 H1 report was created from 3.8M anonymized telemetry data collected by EaseUS Lab from February 2026 to July 2026. Here is how EaseUS Lab deals with the sample data:

All sensitive information was processed and removed before analysis.The sample data encompasses diverse global Windows users across consumer and enterprise segments.The insights data reflects sample subsets rather than complete global market statistics.

This report covers global regional preferences, brand distribution analysis, and expert recommendations, available at: https://www.easeus.com/whitepapers/windows-storage-trends-2026-h1.html.

About EaseUS Software

EaseUS, founded in 2004, is a leading software provider, offering data recovery, disk management, data backup services, and multimedia solutions to its global users. Trusted by millions of users across more than 160 countries and regions, EaseUS commits to delivering reliable, innovative, and user-friendly solutions to help individual and business users worldwide manage and protect their digital lives with ease. For more information, please visit: https://www.easeus.com.

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SOURCE EaseUS Software

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