First Alert | Jotup

Dataminr Expands Strategic Partnership with Carahsoft

Retrieved on:

Thursday, March 14, 2024

Organization, Government, NGO, Trust (social science), Partnership, News, Transport, First Alert, Carahsoft, Public sector, National Association, State

NEW YORK, March 14, 2024 /PRNewswire/ -- Dataminr, one of the world's leading AI companies, today announced an expansion of its partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. Under the agreement, Dataminr First Alert, Dataminr's product for the public sector, is now available to states, local governments and educational institutions via Carahsoft's National Association of State Procurement Officials (NASPO) contract, enabling easy and secure access to First Alert for participating organizations.

Key Points:

Dataminr expands delivery of First Alert through Carahsoft's NASPO ValuePoint contract, bringing critical real-time alerts to more public sector organizations
NEW YORK, March 14, 2024 /PRNewswire/ -- Dataminr , one of the world's leading AI companies, today announced an expansion of its partnership with Carahsoft Technology Corp. , The Trusted Government IT Solutions Provider®.
Through this partnership, Dataminr First Alert – which serves the defense, federal, state, local and NGO markets in both the U.S. and across the globe – is now easily accessible to federal, state and local government organizations, as well as academic institutions.
"Getting the fastest and most reliable real-time information is imperative for public sector organizations to operate efficiently and effectively," said Ted Bailey, founder and CEO of Dataminr.
This announcement further enhances Dataminr's existing partnership with Carahsoft, creating increased synergies between the two organizations to more effectively serve the public sector market.

Resideo Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on:

Tuesday, February 13, 2024

HVAC, ADI, EDI, Share repurchase, Sale, First Alert, Safety, EPS, Corporation, Research, Video game

SCOTTSDALE, Ariz., Feb. 13, 2024 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer and developer of technology-driven products that provide critical home comfort, energy management, and safety and security solutions and a leading wholesale distributor of low-voltage security, life safety, audio visual, data com, and other product categories, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points:

Consolidated net revenue was $1.54 billion in fourth quarter 2023 compared with the prior year fourth quarter revenue of $1.56 billion.
Operating profit of $147 million in fourth quarter 2023 compared to the prior year quarter's operating profit of $98 million.
Net income for fourth quarter 2023 was $82 million, or $0.56 per diluted common share, compared with $39 million, or $0.26 per diluted common share, in the fourth quarter 2022.
As part of the $150 million share repurchase program authorized in early August 2023, Resideo repurchased 2.6 million shares during 2023 at a total cost of $41 million.

Resideo Names Tom Surran President of Products & Solutions Business

Retrieved on:

Tuesday, December 5, 2023

Acquisition, Safety, NYSE, Senior, Engineering, FLIR, WhiteBoard Product Solutions, Raymarine Marine Electronics, Genesis, Brand ambassador, First Alert, Customer experience, Management

SCOTTSDALE, Ariz., Dec. 5, 2023 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer and developer of technology-driven products that provide critical home comfort, energy management, and safety and security solutions and a leading wholesale distributor of low-voltage security, life safety, audio visual, data com, and other product categories, today announced that Tom Surran has been appointed President of Resideo's Products & Solutions business, effective immediately.

Key Points:

Surran will be responsible for all aspects of the company's Products & Solutions business, including innovation, engineering, new product development, product management, customer experience, sales, and operations.
"We are excited to have a leader like Tom joining Resideo," commented Jay Geldmacher, Resideo's President and CEO.
Surran succeeds current Products & Solutions president Phil Theodore, who will move into a new role as Senior Vice President, Executive Advisor.
Phil joined Resideo in June of 2020 as Chief Transformation Officer and he assumed the role of President, Products & Solutions in October of 2020.

Protect the Moments with Safety You Can Trust this Fire Prevention Month

Retrieved on:

Wednesday, October 4, 2023

Smoke, Carbon, Education, Fire, Lowe, Wood, CO, Carbon monoxide, Poisoning, First Alert, Lowe's, Korea Disease Control and Prevention Agency, Paper, Carlill v Carbolic Smoke Ball Co, National Fire Protection Association, NFPA, Safety, Inspection, Tunnel

SCOTTSDALE, Ariz., Oct. 4, 2023 /PRNewswire/ -- In honor of Fire Prevention Month, First Alert, the most trusted brand in fire safety*, is reminding consumers about the simple precautions they can take to help protect what matters most from a fire or carbon monoxide (CO) emergency. Marking its 65th anniversary, First Alert and the fire service industry are coming together to educate communities about the importance of being prepared before an emergency strikes.

Key Points:

Fire Prevention Month serves as a great reminder to be proactive when it comes to home safety and installing the proper protective tools."
To help protect homes and families, First Alert offers the following safety tips and prevention measures.
Smoke alarms are the first line of defense for fire prevention.
On Oct. 14, Lowe's guests can participate in fire safety demonstrations and learn about best safety practices from local first responders.

LOWE'S TO EXTEND EXCLUSIVE SAVINGS OFFER TO FIRST RESPONDER COMMUNITY

Retrieved on:

Thursday, September 28, 2023

MOORESVILLE, N.C., Sept. 28, 2023 /PRNewswire/ -- As first responders continue to show up daily to support communities across the country, Lowe's will once again recognize their selfless efforts. For the third year, Lowe's will support first responders nationwide through exclusive deals, local store events and more to recognize those who serve our towns, both big and small, every day.

Key Points:

First responders can learn more and register for the special offer starting today, Sept. 28, by visiting Lowes.com/FirstResponders .
"It's a privilege to be able to show our appreciation for these frontline heroes with exclusive savings and through community service projects to revitalize their spaces."
Lowe's support for the first responder community will extend beyond October through the Lowe's Hometowns program, the company's five-year, $100 million investment in local community impact projects.
To register for the exclusive savings or to learn more about store events, visit Lowes.com/FirstResponders .

Resideo Expands Relationship with USAA to Help Homeowners Protect What Matters Most

Retrieved on:

Wednesday, September 27, 2023

USAA, Leak, Insurance, Hive Connected Home, Water damage, Senior, Innovation, First Alert, NYSE, Safety, Resideo

SCOTTSDALE, Ariz., Sept. 27, 2023 /PRNewswire/ -- Resideo Technologies Inc. (NYSE: REZI), a leading global manufacturer and developer of technology-driven products and components that provide critical home comfort, energy management, and safety and security solutions, has been added to USAA's PERKS program to help its members protect against water damage and optimize home efficiency. USAA members can purchase Resideo's Honeywell Home smart thermostat and its First Alert® WiFi Water Leak & Freeze Detector at a discounted price through the PERKS program and eligible Homeowner policy holders can enroll those devices for a connected home discount.

Key Points:

USAA members can purchase Resideo's smart solutions and enroll those devices for a smart home discount.
"Resideo has been honored to help USAA Homeowner Policy Holders protect what matters most since 2018," said Linsey Miller, Senior Vice President Business Development & Services at Resideo.
"USAA is committed to providing industry-leading connected home devices to help our members in their everyday lives," said Ryan Rist, USAA Assistant Vice President Innovation.
Resideo's Honeywell Home smart thermostat and First Alert WiFi Water Leak & Freeze Detector are now available to USAA PERKS members.

First Alert Study Raises Awareness of Fire Safety and Code Compliance Among Renters

Retrieved on:

Wednesday, June 14, 2023

Smoke, Maintenance, Housing, Life, Carbon, National Fire Protection Association, CO, Carbon monoxide, First Alert, Risk, PASS, Knowledge, NYSE, NFPA, Safety, Self storage, Lease

SCOTTSDALE, Ariz., June 14, 2023 /PRNewswire/ -- As moving season heats up across the United States, a recent study reveals an ongoing need to educate renters about fire safety in their homes. Resideo Technologies, Inc. (NYSE: REZI) with its First Alert products, the most trusted brand in fire safety*, released the results of a nationwide online survey of adult renters and identified that a significant percentage claim not to have a smoke alarm in their home or test their alarms regularly**.

Key Points:

As moving season heats up, a recent study reveals an ongoing need to educate renters about fire safety in their homes.
Renters who never test their alarms explain the primary reason is that they forget (32%) or were not aware they were supposed to test the devices (27%) at all.
Smoke alarms are widely required across housing types in the United States, and many jurisdictions further require CO alarms.
**First Alert Renters Fire Prevention Survey, March 2022 – Results are based on the responses of 1,012 adult renters, ages 18 and older, living in the United States who completed an online survey.

Resideo Announces First Quarter 2023 Financial Results

Retrieved on:

Wednesday, May 3, 2023

Face, Product-form solution, Securing America's Energy Independence Act of 2007, App Store (iOS/iPadOS), Security, Acquisition, First Alert, Corporation, ADI, Growth, NYSE, Safety, Video game, Online shopping, Resideo

First quarter 2023 results include $98 million of net revenue contribution from the First Alert acquisition and unfavorable foreign exchange fluctuations of approximately $13 million.

Key Points:

First quarter 2023 results include $98 million of net revenue contribution from the First Alert acquisition and unfavorable foreign exchange fluctuations of approximately $13 million.
Operating profit of $72 million, down 10% compared to the first quarter 2022
ADI first quarter 2023 net revenue of $891 million was up $4 million compared to the first quarter 2022.
Gross margin of 19.2% in the first quarter 2023 was down 10 basis points compared to first quarter 2022.
Operating profit of $72 million for first quarter 2023 was down 10% from $80 million in first quarter 2022.

First Alert Revolutionizes Travel Safety with Award-Winning App

Retrieved on:

Friday, April 21, 2023

IOS, Occupational Health and Safety Regulation of British Columbia, Health, Travel, Android, First Alert, Safety, Tourism, Online shopping

Understanding this reality, First Alert is proud to announce the global launch of its award-winning travel safety app, that brings 24hr emergency response services to the fingertips of travellers worldwide.

Key Points:

Understanding this reality, First Alert is proud to announce the global launch of its award-winning travel safety app, that brings 24hr emergency response services to the fingertips of travellers worldwide.
The First Alert app is a comprehensive travel safety solution designed to give travellers peace of mind, whether they get lost in an unfamiliar city, feel unsafe, or encounter an unexpected bout of illness.
"We are super excited to unleash the power of technology to revolutionise travel safety with the global launch of First Alert," said Reid.
With its global launch underway, First Alert is set to make a profound impact on travel safety, empowering travellers to explore the world with confidence.

Resideo Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on:

Wednesday, February 15, 2023

The Company incurred $35 million in restructuring and impairment expenses related to these costs reduction actions, which were recorded in the fourth quarter of 2022.

Key Points:

The Company incurred $35 million in restructuring and impairment expenses related to these costs reduction actions, which were recorded in the fourth quarter of 2022.
Consolidated revenue of $1.56 billion in the fourth quarter 2022 grew 7% compared with the prior year of $1.45 billion.
Gross profit margin for the fourth quarter 2022 was 27.6%, flat to the prior year quarter.
At December 31, 2022, Resideo had cash, cash equivalents and restricted cash of $329 million and total outstanding debt of $1.4 billion.