NAPCO Security Tech (NSSC) Misses Q2 EPS by 7c
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NAPCO Announces Second Quarter Fiscal 2022 Results
February 7, 2022 8:00 AM ESTAMITYVILLE, N.Y., Feb. 7, 2022 /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 second quarter of fiscal 2022.
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 increased 23% to a second quarter record of $33.4 million as compared to $27.2 million for the same period last year. Recurring service revenue for the quarter increased 35% to $11.0 million as compared to $8.2... More