Tag: revenue
NAPCO stock plunges dramatically on restatement of prior three quarters
August 21, 2023Ken Showers, Managing Editor
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,...
Milestone Systems annual report shows record-high revenues
April 3, 2023SSN Staff
COPENHAGEN, Denmark – The annual report delivered by Milestone Systems has indicated double-digit growth in 2022, according to the video software firm.
Milestone reportedly reached an all-time high annual net revenue of 1.5 billion Danish kroner (DKK), a 30 percent increase over the previous year. The company also reported a pre-tax profit of 11 million DKK in 2022. The company said it aims to more than double its 2021 revenue by 2026 as part of an ambitious growth strategy.
“It...