Tag: Financial Results

AMITYVILLE, N.Y. – NAPCO Security Technologies has announced record-breaking financial results for its first quarter of fiscal year 2024. Net sales for the quarter increased 6% to $41.7 million (the highest Q1 sales in the Company's history) as compared to $39.5 million for the same period last year. The trend follows from the previous quarter where the company broke its Q4 record with net sales of $44.7 million. Recurring service revenues (RSR) for the quarter increased 25% to...

SCOTTSDALE, AZ – Resideo Technologies has produced its financial results for the third quarter ended Sept. 30, 2023. Highlights from the quarter include a net revenue of $1.55 billion compared to $1.62 billion in the third quarter 2022, and income from operations of $109 million, including restructuring charges of $38 million, compared to $155 million in the third quarter 2022. A fully diluted GAAP EPS of $0.14 and non-GAAP EPS of $0.41 compared to GAAP EPS of $0.42 and non-GAAP EPS...

AMITYVILLE, N.Y. – NAPCO Security Technologies is off to a rough start this week following the restatements of its financial results for the first three fiscal quarters of 2023.. In a statement issued on Aug. 18, the company said that, “On Aug. 14, 2023, the Audit Committee of the Board of Directors of the company concluded that the company's previously issued unaudited interim financial statements for the fiscal quarters ended Sept. 30, 2022, Dec. 31, 2022, and Mar. 31,...

YARMOUTH, Maine – Access control and security conglomerate ASSA ABLOY has issued an invitation to interested parties to join the presentation of its second financial quarter results 2023 report. The presentation is scheduled to be held on Wednesday, July 19, at 08:00 a.m. CEST. The company wrote that a conference call and webcast will be held following the release of the results, starting at 9:30 a.m. CEST and continuing until 10:30 a.m. CEST. The presentation will be hosted...

BOCA RATON, Fl. – ADT Inc. has seen its fourth consecutive financial quarter results hit record highs as the company released its results on Feb. 28. Of note the company pulled in a Q4 total revenue of $1.6 billion, up 19 percent from last year, 8 percent when excluding solar and end-of-period recurring monthly revenues. ADT also boasted record-high customer retention with a gross customer revenue attrition rate of 12.5 percent.  The company’s total revenue was...

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...

AMITYVILLE, N.Y. – Security device manufacturer and designer NAPCO Security Technologies has announced record-breaking fiscal results for the fourth quarter of 2022. The company boasted results of a 22 percent increase of sales to $43.2 million, a recurring service revenue increase of 36 percent to $7.5 million, and an adjusted EBITDA increase of 29 percent to $9.2 million. Net sales increased 26 percent to a record $143.6 million, with a record net income...

AMITYVILLE, N.Y.—NAPCO Security Technologies, Inc., manufacturers of high-tech electronic security devices as well as a provider of school safety solutions, announced financial results for its third fiscal quarter ended March 31, 2020. The company also announced the appointment of Stephen M. Spinelli as its senior vice president of sales while Jorge Hevia, a valuable long-time employee, will become a consultant to the company as its new chief of marketing to further develop sales in its...