NAPCO Security Reports Earnings Beat and Record Revenue
NAPCO Security Technologies (NASDAQ:NSSC) reported fourth-quarter results that exceeded Wall Street expectations, with shares rising 20.5% in pre-market trading on Monday. The company posted adjusted earnings of $0.50 per share compared to the estimated $0.39 and achieved record revenue of $55.8 million against a forecast of $53.18 million. This marks a year-over-year increase of 10%. Recurring service revenue grew by 12.9% to $25.3 million, contributing significantly with over 90% gross margin. For the full fiscal year ending in August 2026, NAPCO generated record annual revenue of $202.3 million and adjusted diluted earnings per share increased by 34.5%. Despite a one-time litigation settlement charge that reduced EPS by approximately $0.40 during Q3, the company's overall performance showed strong underlying profitability. NAPCO also announced an increase in its quarterly dividend to $0.17 per share from $0.15, reflecting confidence in future earnings and cash flow.
Tickers: $NSSC
Topics: financial performance recurring services revenue security technology