Company's success still translates to stock loss as outlook for consumer electronics continues to worsen throughout the broader market.

Company expects 2023 revenue to be impacted by an average $6 million quarterly in ongoing arbitrations with Vivint.

Resideo (up 7%) and ADI (up 6%) report positive Q4 and full fiscal year 2022 financials. Workforce to be cut by 5%.

Company reports record record full year sales of $21.4 billion, up 18%, cites successful merger with Anixter.

The audio manufacturer forsees a return to double-digit growth after the tribulations of fiscal 2022.