NAPCO Announces Fourth Quarter and Fiscal Year 2018 Results
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NAPCO Security Tech (NSSC) Misses Q4 EPS by 1c, Slight Beat on Revenues
September 4, 2018 8:02 AM EDTNAPCO Security Tech (NASDAQ: NSSC) reported Q4 EPS of $0.20, $0.01 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $27.3 million versus the consensus estimate of $27.15 million.
Net sales for the quarter increased 6% to a record $27.3 million as compared to $25.7 million for the same quarter last year. Net sales for the fiscal year were a record $91.7 million, a 5% increase, as compared to $87.4 million for FY2017.Recurring service revenue for the quarter increased 49% to $3.4 million as compared to $2.3 million for the same quarter last year and for the fiscal year increased 51%... More