Resideo Technologies (REZI) reported fiscal Q1 adjusted earnings late Tuesday of $0.63 per diluted share, up from $0.47 a year earlier.

Three analysts polled by FactSet expected $0.31.

Net revenue for the quarter ended March 29 was $1.77 billion, compared with $1.49 billion a year earlier.

Three analysts surveyed by FactSet expected $1.74 billion.

For fiscal Q2, the company said it expects adjusted earnings of $0.51 to $0.61 per share on revenue of $1.81 billion to $1.86 billion. Three analysts surveyed by FactSet expect adjusted earnings of $0.55 per share on revenue of $1.81 billion.

The company reaffirmed its fiscal 2025 adjusted earnings guidance of $2.23 to $2.47 per share on revenue of $7.29 billion to $7.49 billion. Four analysts surveyed by FactSet expect adjusted earnings of $2.22 per share on revenue of $7.24 billion.

Shares of the company rose more than 16% in after-hours activity Tuesday.