Napco Security Technologies Reports Record Q1 Revenue and Targets 26%-27% Equipment Margins
Napco Security Technologies (NSSC) reported record revenue for the first quarter of fiscal year 2027, driven largely by steady growth in recurring service revenues. The company's management highlighted a strong start to the fiscal year, underpinned by consistent demand across its product lines. Looking ahead, Napco has provided guidance targeting equipment margins in the range of 26% to 27%. Additionally, the company reported that its recurring revenue run rate has reached approximately $106 million, signaling a shift toward more predictable, high-margin income streams.
Tickers: $NSSC
Topics: quarterly earnings recurring revenue revenue growth
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