Napco Security Stock Price, News & Analysis

NAPCO Security Technologies (NASDAQ: NSSC) has achieved the #12 position on Forbes' 2025 list of 'Americas Most Successful Small-Cap Companies', advancing from #70 in the previous year. The ranking was determined through FactSet's analysis of 914 companies valued between $300 million and $2 billion, with 322 meeting criteria including positive sales growth and share prices above $5.

The company recently unveiled several new products at the NYC International Security Conference, including the MVP Access Control and Locking System, StarLink Fire Max2, StarLink Intrusion Max2, FireLink Fire Control Panel System, Prima Alarm System Accessories, and specialized Trilogy Locks. All these products are designed to enhance recurring service revenue (RSR) and strengthen the company's market position.

NAPCO Security Technologies (NASDAQ: NSSC) announces its participation in the UBS Global Industrials and Transportation Conference on December 4, 2024, in Palm Beach, FL. Management will discuss new innovations focused on enhancing Recurring Service Revenue (RSR), including:

Key product highlights include the MVP Access Control and Locking System, StarLink Fire Max2 with dual-carrier support, StarLink Intrusion Max2, FireLink Fire Control Panel System, Prima Alarm System Accessories, specialized locks for multi-tenant buildings, and Trilogy Locks with touchscreen operation. These products demonstrate NAPCO's commitment to market innovation and sustainable revenue growth through RSR-generating solutions.

NAPCO Security Technologies (NASDAQ: NSSC) showcased its latest security products at ISC East 2024 in New York City. The company's 20'x50' booth featured interactive demonstrations of new products designed to generate Recurring Service Revenue (RSR). Key product launches included the MVP Access Control and Locking System, StarLink Fire Max2, StarLink Intrusion Max2, FireLink Control Panel System, Prima Alarm System Accessories, and specialized electronic locks. The company deployed 25 sales representatives and trainers, conducting product demonstrations and educational sessions focused on RSR generation opportunities.

NAPCO Security Technologies (NASDAQ: NSSC) announces securing a contract with Pasadena Unified School District to provide security locking solutions for their 23 schools serving over 14,000 students. The district-wide project will implement Marks USA LA318GJ Intruder Lockdown mortise locks and Marks USA 195DB Intruder Lockdown cylindrical locks to meet California state requirements for classroom doors. Both solutions feature SFIC removable core cylinder configurations compatible with the district's key system requirements.

NAPCO Security Technologies (NASDAQ: NSSC) reported record Q1 fiscal 2025 results with net sales increasing 6% to $44.0 million and net income rising 7% to $11.2 million. Recurring service revenue (RSR) grew 22% to $21.1 million with a 91% gross margin. The company's cellular communication device sales increased 93% year-over-year, representing 70% of Intrusion and Access Alarm product sales. However, equipment revenue decreased 6%, partially due to an 8% decline in door locking sales. The Board declared a quarterly dividend of $0.125 per share and authorized repurchase of up to 1,000,000 shares.

NAPCO Security Technologies (NASDAQ: NSSC) will announce its Fiscal First Quarter 2025 financial results on Monday, November 4, 2024, before market open. The company will host a conference call for analysts and investors at 11 A.M. ET on the same day. The call will be accessible via webcast through the company's Investor Relations website or by dialing in. NAPCO is a leading manufacturer of electronic security devices and provider of school safety solutions, operating through four divisions: NAPCO, Alarm Lock, Continental Instruments, and Marks USA.

NAPCO Security Technologies (NASDAQ: NSSC), a leading manufacturer of high-tech electronic security devices, will attend D.A. Davidson's 23rd Annual Diversified Industrials & Services Conference on September 19, 2024 in Nashville, TN. The company's management will host one-on-one meetings with investors during the event.

NAPCO is renowned for its innovative security solutions, including wireless communication services for intrusion, fire alarm, access control, and locking systems. The company also provides school safety solutions and consists of four divisions: NAPCO and three wholly-owned subsidiaries - Alarm Lock, Continental Instruments, and Marks USA.

Investors interested in meeting with NAPCO representatives can contact their D.A. Davidson sales representative or reach out to Francis Okoniewski, Vice President of Investor Relations at NAPCO.

NAPCO Security Technologies (NASDAQ: NSSC) reported record financial results for Q4 and fiscal year 2024. Highlights include:

- Q4 net sales increased 13% to $50.3 million
- Q4 net income rose 28% to $13.5 million
- Full-year net sales grew 11% to $188.8 million
- Full-year net income surged 84% to $49.8 million
- Recurring service revenue for Q4 increased 27% to $20.3 million
- Adjusted EBITDA for the year increased 72% to $58.9 million

The company's strong performance was driven by growth in recurring service revenues and robust sales from its locking product lines. NAPCO increased its quarterly dividend by 25% to $0.125 per share, reflecting its strong financial position.

NAPCO Security Technologies (NASDAQ: NSSC), a prominent designer and manufacturer of electronic security devices and wireless communication services, has been awarded the 2024 ESX Innovation Award for its new Super Dual™ StarLink Fire Max2 Communicator. This cutting-edge device, designed for fire and life safety, meets dual path fire code requirements by utilizing both Verizon and AT&T networks, thereby ensuring reliable, supervised alarm reporting without the need for an IP connection. The product is UL864 listed and dynamically switches between carriers to enhance life-safety and cybersecurity while reducing installation costs and IT-related concerns. The initial market response has been positive with encouraging sales orders.