Tag: financial results

AMITYVILLE, N.Y. – NAPCO Security Technologies is off to a rough start this week following the restatements of its financial results for the first three fiscal quarters of 2023.. In a statement issued on Aug. 18, the company said that, “On Aug. 14, 2023, the Audit Committee of the Board of Directors of the company concluded that the company's previously issued unaudited interim financial statements for the fiscal quarters ended Sept. 30, 2022, Dec. 31, 2022, and Mar. 31,...

AMITYVILLE, N.Y. – NAPCO Security Technologies, Inc. is set to announce their financial results for the second fiscal quarter, 2023. The company’s second fiscal quarter ended on December 31, 2022, and as such NAPCO will hold a conference call detailing the results on Monday, February 6, at 11:00 a.m. ET. Parties interested in participating in the call my do so by dialing 1-877-407-4018 or for international callers, 1-201-689-8471. In addition to the call, viewers can also...

AMITYVILLE, N.Y. – Security device manufacturer and designer NAPCO Security Technologies has announced record-breaking fiscal results for the fourth quarter of 2022. The company boasted results of a 22 percent increase of sales to $43.2 million, a recurring service revenue increase of 36 percent to $7.5 million, and an adjusted EBITDA increase of 29 percent to $9.2 million. Net sales increased 26 percent to a record $143.6 million, with a record net income...

AMITYVILLE, N.Y.—NAPCO Security Technologies, Inc., manufacturers of high-tech electronic security devices as well as a provider of school safety solutions, announced financial results for its third fiscal quarter ended March 31, 2020.The company also announced the appointment of Stephen M. Spinelli as its senior vice president of sales while Jorge Hevia, a valuable long-time employee, will become a consultant to the company as its new chief of marketing to further develop sales in its robust...