NAPCO Announces Results for the Third Quarter Ended March 31, 2017
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NAPCO Security Tech (NSSC) Misses Q3 EPS by 2c
May 8, 2017 8:32 AM EDTNAPCO Security Tech (NASDAQ: NSSC) reported Q3 EPS of $0.05, $0.02 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $20.8 million versus the consensus estimate of $21.5 million.
Net sales were $20.8 million, as compared to $19.8 million for the same quarter last year.Recurring monthly revenue (\"RMR\") for the third quarter increased 68% compared to the same quarter a year ago and grew 14% sequentially. Gross margin for the third quarter increased to 32.0% as compared to 30.8% for the same quarter last year.Earnings per share (diluted) for the third... More