Net income of Resideo Technologies under GAAP for the 3 months of 2022 was $87 million, an increase of 77.6% compared to $49 million in the previous year. Revenue increased 6.1% to $1.506 billion from $1.419 billion a year earlier.

Resideo Technologies has completed the acquisition of fire safety solutions provider First Alert for $593 million. The company offers a wide range of fire detection and extinguishing devices, including smoke detectors, CO detectors, combination detectors, fire alarms, and fire extinguishers and other firefighting equipment.

Resideo Technologies' GAAP net income for 2021 was $242 million, up 6.5 times from $37 million in the previous year. Revenue increased by 15.3% to $5.846 billion from $5.071 billion a year earlier.

Resideo Technologies is buying fire safety solutions provider First Alert for $593 million. The company offers a wide range of fire detection and extinguishing devices, including smoke detectors, CO detectors, combination detectors, fire alarms, and fire extinguishers and other firefighting equipment. The deal is scheduled to close in Q1 2022.