Tag: Recurring service revenue (RSR)
NAPCO holds Q4 2023 earnings call
August 29, 2023Ken Showers, Managing Editor
AMITYVILLE, N.Y. – NAPCO Security Technologies announced its financial results for the fourth quarter and fiscal year ended June 30, 2023.
Highlights for the quarter included the increase of net sales for the quarter 3% to $44.7 million, a Q4 record for the company as compared to $43.2 million for the same period last year. Net sales for the fiscal year increased 18% to a record $170 million as compared to $143.6 million last year.
Recurring service revenue (RSR) for the quarter...
