Mid-cap technology and retail firms reported mixed second-quarter results on August 12 and 13. Resideo achieved record revenues of $1.98 billion and completed its ADI Global Distribution separation, while Harmonic raised its full-year outlook following a 54% surge in broadband revenue. In contrast, Stem saw a 12% revenue decline despite improved gross margins, and Kura Oncology reported significant growth for its product KOMZIFTI. Additionally, corporate developments included Identiv's IoT asset agreement and C&S Wholesale Grocers' proposed acquisition of a majority stake in The Winn-Dixie Company.
