NAPCO Security Tech (NSSC) Tops Q1 EPS by 3c, Revenues Miss

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NAPCO Announces First Quarter Fiscal 2021 Results

November 2, 2020 8:00 AM EST

AMITYVILLE, N.Y., Nov. 2, 2020 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the world's leading manufacturers and service providers of high-tech electronic security devices as well as a leading provider of school safety solutions, today announced financial results for its first fiscal quarter ended September 30, 2020.

 Financial Highlights:

First Quarter recurring service revenue, gross margin, net income and adjusted EBITDA* exceeded analysts' expectations. The COVID-19 pandemic has presented challenges for security equipment professionals to obtain access to both commercial and residential installation sites.... More