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Resideo Announces Q1 Results; Revenues Up, Profits Up, But Its Stock Crashes 18%

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An image from the Resideo Q1 presentation modified

Resideo Technologies, Inc. (NYSE: REZI), predominantly a security and safety products company with two major divisions, including Products and Solutions (manufacturing) and ADI (distribution), announced the financial results for its first quarter of fiscal 2026 this week. The company reported that revenues beat previously forecasted guidance, and adjusted earnings grew as well.

And yet the market reacted strongly, with the value of Resideo’s stock crashing almost 18% on the day after it released its results. Read on to see why the stock declined.

Read why the value of Resideo stock crashed the day after it released its results…

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Sound United Launches the Next Generation of Denon X-Series AVRs

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Sound United launches next gen X-Series Denon audio-video receivers

Sound United, now part of Harman, which itself is part of Samsung, announced on Thursday that it is launching the next generation of the well-regarded Denon X-Series AV receivers – the AVR-X2900H and the AVR-X3900H. The company says these models are targeted at the advanced AV enthusiast who wishes to push their systems to higher performance levels, as well as the custom integration community who seek products with advanced calibration options, flexible configuration capabilities, and deeper control.

Learn All About These New Denon X-Series AVRs…

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With Primacy, JL Audio Says It Has Created Something Unique: More High-End Customers

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JL Audio launches Primacy, a new, more modern powered speaker system

JL Audio, part of Garmin, Ltd, has announced the launch of an interesting new audio system known as Primacy. With Primacy, JL Audio says it has redefined and expanded the high-performance audio market to a wider potential base of customers. What did they change to address this wider market?

They.changed.everything…

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Big News in Big Tech – Apple CEO Tim Cook Will Retire; Insider John Ternus Takes Over

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Apple’s John Ternus (L), soon to be CEO & Tim Cook (R), soon to be ex-CEO [Photo: Apple][Click to enlarge]

On Monday this week, Apple, Inc. (Nasdaq: AAPL) confirmed what had been widely rumored: CEO Tim Cook would retire from the company. Cook, who is 65 years old, will leave his role as CEO in September and move into a new position as Executive Chairman of the Apple Board of Directors.

The impact of this development is significant and is likely to echo throughout the entire technology industry. Let’s contemplate that a little…shall we?

Read more on the Apple CEO transition…

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Bowers & Wilkins Expands Px8 S2 Headphone Model with 2 New Finishes

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B&W Px8 S2 in Midnight Blue finish
Px8 S2 over-ear headphones in new Midnight Blue finish [Click to enlarge]

Bowers & Wilkins (B&W), part of the Sound United group, which was recently acquired by Harman (which itself is part of Samsung), announced today the expansion of its popular Px8 S2 over-ear headphone model by launching two new premium finishes. The Px8 S2 features a luxurious Nappa leather trim along with complementary aluminum detailing that all looks great in the new Midnight Blue and Pearl Blue finishes.

Learn more about the expansion of the B&W Px8 S2 color options

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Netgear Wins FCC Conditional Approval on Its Consumer Routers, Exempting Them From Ban

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From Netgear website

Netgear announced that it has received conditional approval on its routers from the Federal Communications Commission (FCC). This approval from regulators, the company says, means that dealers and consumers can rest assured that it is safe to buy, sell, and use Netgear routers which are now exempt from the recently announced ban on foreign-made routers by the U.S. government.

Who else has received FCC conditional approval?

See more on Netgear routers achieving conditional approval from U.S. regulators

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New Denon AVR-S980H Offers Audio Excellence While Better Serving Today’s User Lifestyle

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New Denon AVR-S980H in home setting

Sound United brand Denon, now part of Harman International Industries, Inc., which itself is part of Samsung Electronics, has launched a new audio/video receiver (AVR) called the AVR-S980H that seeks to deliver an uncommon blend of audio excellence with simple, intuitive setup, and ease-of-use, along with flexibility and configurability to meet the varied needs of today’s consumers. The announcement sets a high bar, but the features and specs of the new Denon AVR-S980H suggest it clears that bar with ease.

See more on the new Denon AVR-S980H

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M&K Sound Names Audio Collective Group as Its Exclusive U.S. Distributor

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An M&K Sound in-ceiling speaker

Long-time leading loudspeaker brand M&K Sound has selected Audio Collective Group as its exclusive U.S. distributor. The appointment is said to be effective immediately.

Learn more about Audio Collective Group and M&K Sound

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TCL & Sony Execute a Definitive Agreement; TCL To Be Majority Owner of Sony Video & Audio Biz

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TCL partners with Sony to take over its TV & Audio business

‘Sony’s Home Entertainment Products Will Be Transferred to TCL’

In a huge deal between two power tech players – Japan’s Sony Corporation and China’s TCL Electronics Holding Limited – TCL is set to become the majority owner of Bravia, Inc., a new holding company that will consist of Sony’s TV and audio business units. It is a deal that may ripple through the industry, as other brands may seek to mimic Sony’s move to jettison its hardware properties in order to transform themselves into a more profitable software, content, and services company.

Learn more about TCL taking over Sony’s TV and audio businesses…

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Congrats to Kaleidescape! Company Celebrates 25 Years of Delivering High-Fidelity Movies

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Kaleidescape, the industry’s leading provider of high-fidelity movies and high-performance movie streaming devices, is celebrating its 25th Anniversary. Since 2001, the company has excelled in providing movie lovers with the best-looking and sounding movies. It’s a remarkable milestone when you consider that over that time, the company flirted with its survivability as the industry initially strongly resisted the idea of allowing homes across America to copy digital copies of movies to home servers.

But the company eventually found a legally safe path forward, overcoming the controversies and becoming the leading provider of high-fidelity movies at home.

Read more on Kaleidescape’s 25th anniversary…

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