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Stock impact report

NAPCO Announces Third Quarter Fiscal 2022 Results

NAPCO Security Technologies, Inc. (NSSC) 
Last napco security technologies, inc. earnings: 2/3 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.napcosecurity.com
Company Research Source: PR Newswire
-3rd Quarter Sales Increase 27% to a Record $35.9 Million--3rd Quarter Recurring Service Revenues Increase 35% to $12.0 Million With Gross Margins of 87%--Net Income of $2.9M and Adjusted EBITDA* of $5.2 Million for the Quarter Impacted by Supply Chain Disruptions-AMITYVILLE, N.Y., May 9, 2022 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security devices, wireless recurring communication services for intrusion and fire alarm systems as well as a leading provider of school safety solutions, today announced financial results for its third quarter of fiscal 2022.Financial Highlights:                                          Net sales for the quarter increased 27% to a quarterly record of $35.9 million as compared to $28.2 million for the same period last year.Recurring service revenue ("RSR") for the quarter increased 35% to $12.0 million as compared to $8.9 million for the same period last year. Show less Read more
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