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You are here: Home / Archives for John Heyman

John Heyman

Sources: Snap One has Restructured Operations with Staff Layoffs

January 26, 2023 by Ted 1 Comment

Snap One website

Multiple reports are pouring in that Snap One, a leading custom integration supplier, has just completed a restructuring that resulted in layoffs. It is not clear at this point just how many employees were cut, but it was significant enough to motivate several sources around the country to reach out to Strata-gee.

See what we know so far on the Snap One restructuring

[Read more…] about Sources: Snap One has Restructured Operations with Staff Layoffs

Filed Under: Brands, Financial, Management, Manufacturers, News Tagged With: Control4, John Heyman, Snap One

Why is Snap One Stock Dropping to New 52-Week Lows Recently?

December 2, 2022 by Ted Leave a Comment

slide from Snap One earnings report

Snap One (NASDAQ: SNPO), a major player in the custom integration/smart home channel, recently reported its fiscal 2022, third-quarter results last month, showing both revenue gains and reduced losses. The company says sales are slowing and they revised their forward-looking guidance for yearly performance downward.

Since this earnings report was released, the value of Snap One stock has really struggled, dropping 19% and setting several new 52-week lows.

See why Snap One stock struggles in the wake of their Q3 performance report

[Read more…] about Why is Snap One Stock Dropping to New 52-Week Lows Recently?

Filed Under: Brands, Distributors, Financial, Integrators, Management, Manufacturers, News Tagged With: John Heyman, quarterly earnings, Snap One

Snap One Acquires Parasol Remote Support Service

October 27, 2022 by Ted Leave a Comment

From the Snap One website

In a move that was widely anticipated, Snap One announced this week that it will acquire Parasol, a remote support service that since its launch has been based on Snap One’s OvrC system. The company says that this acquisition will result in “creating new opportunities for Snap One Partners to focus on running their business while increasing profitability, productivity and service levels to their customers.”

Learn more about Snap One’s acquisition of Parasol

[Read more…] about Snap One Acquires Parasol Remote Support Service

Filed Under: Financial, Service Tagged With: Greg Simmons, Henry Clifford, John Heyman, Parasol, Snap One, SnapAV, Ted Bremekamp

Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

May 19, 2022 by Ted 2 Comments

Snap One cover photo

At the end of last week, Snap One Holdings Corp. released the results of their fiscal 2022 first quarter, a period which ended April 1, 2022, with comparisons to the same quarter last year, which ended on March 26, 2021. The company showed good revenue growth in the quarter but is still dealing with a net loss – albeit less of one than in 2021.

See the details on the Snap One fiscal Q1 results

[Read more…] about Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

Filed Under: Brands, Distributors, Financial, Integrators, Management, Manufacturers, News, Strategy Tagged With: earnings, John Heyman, Mike Carlet, Snap One

Snap One Reports 34% Increase in Q2 Sales, With a Reduced $1.1M Net Loss

August 26, 2021 by Ted Leave a Comment

Snap One Holdings Corp. (NASDAQ: SNPO) announced the results of their fiscal second quarter, the period that ended June 25, 2021. This is the first official report to investors for the newly public company, and Snap One executives were excited to talk about all the positive milestones they achieved in the quarter – first and foremost, launching a successful public offering. Aside from a technical glitch in their conference call with analysts, it was all good news from the company.

See more details on the Snap One quarterly report

[Read more…] about Snap One Reports 34% Increase in Q2 Sales, With a Reduced $1.1M Net Loss

Filed Under: Financial, Management, Manufacturers, News, Strategy Tagged With: John Heyman, Mike Carlet, Snap One, SnapAV

Snap One Files for an IPO Laying Out Its Strategy for Growth & Perhaps Profit

July 23, 2021 by Ted Leave a Comment

Header for Snap One S-1 filing

In 2020, Company Revenues Grew 37.8% to $814.1M But With a Net Loss of $25.2M

Snap One Holdings Corp (Snap One) – formerly SnapAV – has filed an S-1 registration with the Securities and Exchange Commission (SEC) in preparation for an initial public offering (IPO) of its stock on a public exchange. In this S-1 filing, we learn much about the company’s current position and what its plan is to grow the operation to even loftier heights.

See more on the Snap One S-1 registration…

[Read more…] about Snap One Files for an IPO Laying Out Its Strategy for Growth & Perhaps Profit

Filed Under: Brands, Financial, Management, News, Strategy Tagged With: IPO, John Heyman, Snap One, SnapAV

SnapAV and Control4 are Rebranded as Snap One

June 29, 2021 by Ted Leave a Comment

SnapAV and Control4 logo

SnapAV Execs Hindman & Vaughn Explain the Rationale Behind the Change to Strata-gee

Recently, in a special Zoom presentation for Strata-gee by SnapAV executives Jeff Hindman (Chief Revenue Officer) and Kordon Vaughn (VP Marketing), I was about to learn about the company’s new brand strategy going forward. Ever since SnapAV acquired their largest division, Control4, there has been much speculation about how to address the market with two strong, well-known brands. I joked, “So what’s it going to be…ControlAV or Snap4?

It turns out I wasn’t that far off, as the executives shared with me that they would be rebranding the organization as Snap One.

Learn more about how SnapAV became Snap One…

[Read more…] about SnapAV and Control4 are Rebranded as Snap One

Filed Under: Brands, Integrators, Management, Marketing, News, Strategy Tagged With: Control4, Jeff Hindman, John Heyman, Kordon Vaughn, Snap One, SnapAV

SnapAV Kicks Off Snap Pro Live; CEO Says They are ‘Stronger Than Ever’

October 13, 2020 by Ted Leave a Comment

John Hayman, SnapAV CEO

New Product Platforms & Business Platforms to Drive Future Growth

SnapAV kicked off their first major three-day virtual event called Snap Pro Live Tuesday afternoon. In a keynote presentation, SnapAV CEO John Heyman hailed the work of the integrator in the wake of the COVID-19 pandemic, saying the dealer “took on the role of a courageous warrior.” And with that, Snap Pro Live was launched offering three full days packed with useful content. (See more details on Snap Pro Live here…)

Learn more about Snap Pro Live…

[Read more…] about SnapAV Kicks Off Snap Pro Live; CEO Says They are ‘Stronger Than Ever’

Filed Under: Brands, Integrators, Management, Manufacturers, Marketing, News, Shows & Events, Strategy Tagged With: John Heyman, Snap Pro Live, SnapAV

Next Big Virtual Event to Watch For: Snap Pro Live from SnapAV

September 23, 2020 by Ted Leave a Comment

Snap Pro Live logo, a SnapAV event

Event season is upon us, as evidenced by the two major events that took place last week – CEDIA Expo Virtual 2020 and Crestron NEXT. This year, thanks to COVID-19, these normally in-person events took place in the digital domain as virtual events. And the next big show that integrators are going to want to watch for – which will also be a virtual event – is the upcoming Snap Pro Live being produced by industry powerhouse SnapAV.

See more on Snap Pro Live from SnapAV…

[Read more…] about Next Big Virtual Event to Watch For: Snap Pro Live from SnapAV

Filed Under: Brands, Integrators, Management, Manufacturers, News, Shows & Events, Strategy Tagged With: Control4, John Heyman, Snap Pro Live, SnapAV

New, Larger SnapAV: The One-Stop Shop of Smart Home

August 16, 2019 by Ted Leave a Comment

Strata-gee Interviews SnapAV’s John Heyman & Charlie Kindel

The industry is still adjusting to the new normal of SnapAV combining with Control4…even as it continues to gobble up more local distributors and talk about their e-commerce prowess. It can get a little confusing. Is SnapAV a manufacturer? An e-commerce play? A local distributor? Or are they attempting to be all of the above?

I spoke with SnapAV’s John Heyman and Charlie Kindel to try and help our readers sort this all out. It’s certainly a new world out there…but just what planet are we on?

See what I learned from these top SnapAV execs…

[Read more…] about New, Larger SnapAV: The One-Stop Shop of Smart Home

Filed Under: Brands, Management, Manufacturers, People, Strategy Tagged With: Charlie Kindel, Control4, John Heyman, SnapAV

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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