NAPCO Announces Fourth Quarter and Fiscal Year 2019 Results
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NAPCO Security Tech (NSSC) Reports In-Line Q4 EPS
September 3, 2019 8:34 AM EDTNAPCO Security Tech (NASDAQ: NSSC) reported Q4 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $29.6 million versus the consensus estimate of $29.48 million.
Financial Highlights:
Net sales for the quarter increased 9% to a record $29.6 million as compared to $27.3 million for the same quarter last year. Net sales for the fiscal year were a record $102.9 million, a 12% increase, as compared to $91.7 million for FY2018.Recurring service revenue for the quarter increased 44% to $5.0 million as compared to $3.4 million for the same quarter last year and for the... More