NAPCO Security Technologies presenting at 25th annual Needham Growth Conference

AMITYVILLE, N.Y. – NAPCO Security Technologies has announced that company management will be presenting and hosting one-on-one meetings and Zoom calls with investors as part of the 25th Annual Needham Growth Conference in New York on Jan. 11.

Management will hold their presentation at 10:15 a.m. ET on Wednesday, Jan. 11 and host their in-person meetings that day. The virtual meetings will take place the following day on Jan. 12. “The topics to be highlighted during the conference will include the company's recent record fiscal first quarter 2023 results which had sales grow 27 percent year over year to a record $39.5 million and its recurring revenues grew 35 percent year over year to $13.8 million with gross margins of 88 percent. The annual run rate for recurring revenue is now $58 million based on October 2022 recurring revenue. In addition, we will be discussing our line of school security and safety products that address the urgent need for securing the schools in the U.S. NAPCO has a product portfolio for school security that fits the needs of the over 131,000 K-12's and 5,300 colleges and universities,” the company wrote in a release.

The presentation will be a live webcast and can be found by clicking the provided link that will be made available on NAPCO’s Investor Relations page on its website. Interested parties can receive additional information or schedule an in person one-on-one Zoom meeting by contacting Patrick McKillop, Vice President of Investor Relations for NAPCO, at pmckillop@napcosecurity.com, or their Needham sales representative.

For all other information or inquiries, readers are encouraged to visit www.napcosecurity.com and www.needhamco.com.