NAPCO Security Tech (NSSC) Tops Q3 EPS by 7c, Revenues Beat
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NAPCO Announces Third Quarter Fiscal 2021 Results
May 10, 2021 8:00 AM EDTAMITYVILLE, N.Y., May 10, 2021 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security devices, wireless recurring 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 third quarter ended March 31, 2021.
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 was a third quarter record of $28.2 million as compared to $26.2 million for the same period last year, an 8% increase. Recurring service revenue for the quarter increased 43% to $8.9 million as... More