Tag: Third Fiscal Quarter
ADT presents Q3 fiscal results
November 4, 2022Ken Showers, Managing Editor
BOCA RATON, Fla.—Security giant ADT released its fiscal third quarter financial results this week, highlighting monthly revenue and partnerships.
President and CEO Jim DeVries described ADT’s performance in the third fiscal quarter as strong with top line growth at 22 percent to $1.6 billion. It generated an adjusted net income of $83 million ($0.10 per share). DeVries also said the quarter resulted in an improved adjusted EBITDA that was up 12 percent year over year.
In...
Assa Abloy shows growth in Q3, commits to HHI acquisition
October 28, 2022Ken Showers, Managing Editor
STOCKHOLM – This week lock maker and security giant Assa Abloy presented its Q3 financial results, with strong growth despite signs of a market slowdown.
The conference call opened with remarks from Assa Abloy President, CEO & Head, Global Technologies Division Nico Delvaux. The company experienced an organic sales growth of 14 percent which Delvaux credited to Entrance Systems and the America’s contributions, as well as Global Technologies. Net sales have increased 33 percent with...
Allegion provides report on Q3 2022 financial results
October 27, 2022Ken Showers, Managing Editor
DUBLIN – Allegion plc released its third quarter fiscal 2022 financial results on Oct. 27, as well as a revised outlook for the remainder of 2022.
The company saw a net earnings per share (EPS) of $1.30 compared to $1.59 in 2021, with an adjusted EPS of $1.64, up roughly 5 percent from $1.56 in 2021. Allegion posted Q3 2022 revenues of $913.7 million, up 27.4 percent reported and 18.6 percent organically.
“Allegion delivered a very strong...
Resideo releasing 3Q financial results on November 1
October 17, 2022SSN Staff
SCOTTSDALE, Ariz. – Resideo, a security solutions provider and distributor of residential security and audio-visual products announced today that they would be releasing their third fiscal quarter financial results on November 1.
The company stated that post closing of the New York Stock Exchange on Tuesday, November 1 that they would be hosting a simultaneous conference call and webcast to discuss the results at 5:00 p.m. E.T. Investors and other interested parties can view the webcast...
Fortinet issues over 1 million Network Security Expert certifications
October 3, 2022SSN Staff
SUNNYVALE, CA – Cybersecurity solutions company Fortinet has hit a milestone in advancing network safety having announced that the company has issued more than 1 million Network Security Expert (NSE) certifications.
Announced on October 3 Fortinet credits the advancement as part of their efforts in its Training Advancement Agenda (TAA) and Fortinet Training Institute initiatives. Attributing over 80% of data breaches to a lack of cyber skills, those programs they say are focused on bringing...
Broadcom announces 3Q financials and quarterly dividends
September 1, 2022SSN Staff
SAN JOSE, Calif. – Semiconductor supplier and infrastructure software solutions company Broadcom Inc. have announced the results of their quarter three fiscal year 2022 and their quarterly dividends.
In a release from the company, Broadcom stated that cash from operations (less $116 million in capital expenditures) saw the company with $4,308 million in free cash flow (51% of revenue). Revenue for the quarter was up 25% from the prior year period at $8,464 million. As for the quarterly...