NAPCO Security Technologies Reports Strong Q3 Earnings and $16M Litigation Settlement
NAPCO Security Technologies reported a strong third-quarter performance with an 11.8% revenue increase to $49.2 million, driven by higher equipment sales and recurring service growth. The company also announced a one-time $16 million litigation settlement charge that will not impact its ability to maintain dividends.
Tickers: $NSSC
Topics: dividend litigation_settlement margin_expansion revenue_growth