NAPCO Announces Second Quarter 2019 Results
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NAPCO Security Tech (NSSC) Tops Q2 EPS by 6c, Revenues Beat
February 4, 2019 8:04 AM ESTNAPCO Security Tech (NASDAQ: NSSC) reported Q2 EPS of $0.15, $0.06 better than the analyst estimate of $0.09. Revenue for the quarter came in at $24.83 million versus the consensus estimate of $23.24 million.
Net sales for the quarter increased 18% to a second quarter record $24.8 million as compared to $21.1 million for the same quarter last year. Net sales for the six months increased 14% to $48.2 million, as compared to $42.3 million for the same period last year.Recurring service revenue for the quarter increased 46% to $4.1 million as compared to $2.8 million for the same quarter last year and for the... More