NAPCO announcing 2023 Q2 fiscal results
By SSN Staff
Updated 12:47 PM CST, Thu February 2, 2023
AMITYVILLE, N.Y. – NAPCO Security Technologies, Inc. is set to announce their financial results for the second fiscal quarter, 2023.
The company’s second fiscal quarter ended on December 31, 2022, and as such NAPCO will hold a conference call detailing the results on Monday, February 6, at 11:00 a.m. ET. Parties interested in participating in the call my do so by dialing 1-877-407-4018 or for international callers, 1-201-689-8471. In addition to the call, viewers can also see the webcast that will be available via NAPCO’s website at www.napcosecurity.com. Those tuning in later can listen to a replay of the call by dialing 1-844-512-2921 domestically, or 1-412-317-6671 for international callers, and use the replay access code 13736002.
A leading designer and manufacturer of high-tech electronic security devices, and wireless recurring communication services for fire alarm, intrusion, and access control systems (as well as school safety solutions), NAPCO has thus far had an excellent fiscal showing for 2023. In their Q1 fiscal results call they touted record sales with $39.5 for the quarter, a 27% increase over the prior year’s $31.1 million.
The company has recently attributed its success to cultivating sources of recurring revenue and pushing through supply chain pains with high-cost alternatives in order to secure product. NAPCO President and Chairman, Richard Soloway told investors in November that, “…I remain confident that our best quarters are yet to come."
More info at investor.napcosecurity.com.
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