NAPCO Security Tech (NSSC) Tops Q2 EPS by 6c, Revenues Beat
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NAPCO Announces Second Quarter Fiscal 2021 Results
February 8, 2021 8:00 AM ESTAMITYVILLE, N.Y., Feb. 8, 2021 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security devices, wireless communication services for intrusion and fire alarm systems as well as a leading provider of school safety solutions, today announced financial results for its fiscal second quarter ended December 31, 2020.
Financial Highlights:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Net sales for the quarter were a second quarter record of $27.2 million as compared to $23.2 million last quarter, representing a 17% increase, and $25.8 million for the same period last year, a 5% increase. Recurring service revenue for the... More