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Tag: Kevin Buchel


NAPCO’s radio gains make up for lagging lock sales

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NAPCO’s radio gains make up for lagging lock sales

November 5, 2024Ken Showers, Managing Editor

AMITYVILLE, N.Y.— NAPCO Security Technologies saw strong radio sales and recurring service revenue (RSR) but struggling locking sales in the first quarter of its fiscal year 2025.  RSR saw a prospective annual run rate of approximately $85.2 million based on October 2024 RSR, compared to $83.5 million from July 2024 RSR.  “The increase is due to the continued strength of our line of StarLink radios, particularly our StarLink fire radios,” said CFO Kevin Buchel during...

commercial, Kevin Buchel, NAPCO Security Technologies, radio, Recurring service revenue (RSR), Residential, Richard Soloway, StarLink


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NAPCO holds Q4 2023 earnings call

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NAPCO holds Q4 2023 earnings call

August 29, 2023Ken Showers, Managing Editor

AMITYVILLE, N.Y. – NAPCO Security Technologies announced its financial results for the fourth quarter and fiscal year ended June 30, 2023. Highlights for the quarter included the increase of net sales for the quarter 3% to $44.7 million, a Q4 record for the company as compared to $43.2 million for the same period last year. Net sales for the fiscal year increased 18% to a record $170 million as compared to $143.6 million last year. Recurring service revenue (RSR) for the quarter...

Earnings Call, Kevin Buchel, NAPCO Security Technologies, Recurring service revenue (RSR), Richard Soloway


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NAPCO’s Q2 financial results continue to prove strong as 2023 marches on

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NAPCO’s Q2 financial results continue to prove strong as 2023 marches on

February 8, 2023Ken Showers, Managing Editor

AMITYVILLE, N.Y. – The momentum shown in NAPCO’s first quarter fiscal results gives no sign of slowing down as the company presented its Q2 2023 fiscal results to investors on Feb. 6. NAPCO continues to break records as its net sales for the quarter increased 27 percent to a Q2 record of $42.3 million as compared to $33.4 million for the same period last year. Their recurring service revenue (RSR) that the company attributed to much of their current success in the past...

2023, annual run rate, David Paterson, Earnings Call, intrusion alarms, investors, Kevin Buchel, NAPCO Security Technologies, Richard Soloway, school security solutions, Second Quarter (Q2)


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NAPCO’s Buchel discusses paths to success at Neeham Growth Conference

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NAPCO’s Buchel discusses paths to success at Needham Growth Conference

January 12, 2023Ken Showers, Managing Editor

NEW YORK – At the 2023 25th Annual Needham Growth Conference, NAPCO Security Technologies discussed some key components in the growth of their business. For NAPCO, the manufacture of security products has been a staple for the company for many years, but their current growth can be attributed to a different source according to CFO Kevin Buchel “…About seven or eight years ago we came out with a product that gave us recurring revenue, and that was the game changer....

2023, ADT, alarm system, cellular radios, Conference, Johnson Controls (JCI), Kevin Buchel, Needham & Company, school security, Security, Siemens


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