Skip to Content

Tag: NAPCO Security Technologies


Jessica DaCosta

Commercial

ESA recognizes 2023 Executive Strategic Partners

December 29, 2023SSN Staff

DALLAS—The Electronic Security Association’s (ESA’s) Executive Strategic Partners invest annually in the association to grow important initiatives, improve our members’ businesses, and take the industry to greater heights. Without these partnerships, ESA – a non-profit organization - would not be able to fulfill its mission to provide high-quality resources, advocacy, connections, and education for electronic security and life safety professionals.  “These...

Bold Group, Bosch, Brivo, CyberPower, Electronic Security Association (ESA), Executive Strategic Partners, George Brody, ICT, Kings III Emergency Communications, LiftMaster, NAPCO Security Technologies, Omnilert, Resideo, Scott Harkins, Security America, Snap One, STid, Telguard


Read Full Articlered right arrow icon

NAPCO holds Q4 2023 earnings call

Commercial

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


Read Full Articlered right arrow icon

Stephen Spinelli

Suppliers

NAPCO’s Continental Access Division unveils new dealer program, brand, website

July 12, 2023SSN Staff

AMITYVILLE, N.Y.—NAPCO Security Technologies announced that its Continental Access Division has introduced an all-new Napco Access Pro Dealer Program, brand, and website. Some of the program highlights will be offering exclusive products with pro feature sets and new value-adds; preferred pricing tiers and growth incentives; protected/semi-protected territories; leads, dedicated account management, continuing pro-education options and opportunities; marketing tools and an annual awards event....

Aaron Black, Continental Access, NAPCO Security Technologies, Stephen Spinelli


Read Full Articlered right arrow icon

Wesco International Q4 and 2022 results “Stellar”

Suppliers

Wesco International Q4 and 2022 results “stellar”

February 16, 2023SSN Staff

PITTSBURGH – Wesco International shoots for the stars this week after revealing an impressive performance following its financial postmortem for 2022 and fourth fiscal quarter results. At a glance the company displayed record net sales of $5.6 billion in the fourth quarter, up 15 percent year-over-year (YOY). There was operating profit of $382 million with an operating margin of 6.9 percent (Adjusted EBITDA of $451 million, up 41 percent YOY; adjusted EBITDA margin of 8.1...

Anixter, EBITDA, John Engel, Johnson Controls (JCI), logistics services, NAPCO Security Technologies, Rahi Systems, SecurityBridge, supply chain solutions, Wesco International, year-over-year (YOY)


Read Full Articlered right arrow icon

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

Suppliers

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)


Read Full Articlered right arrow icon

Monitoring Matters

Downloadable Content

January 18, 2023Ken Showers, Managing Editor

In the waning weeks of 2022 I briefly touched on some of the big trends I saw being prevalent in 2023. You’ve got things like Zero Trust security strategies, AI-enhanced security algorithms, cloud-based everything, but I neglected an important one I think, and that’s recurring revenue. I know because its something that’s come up multiple times in the past two weeks. NAPCO has credited its recent growth to recurring revenue, and in interviewing CEO Don Joos this past week its...

acre, Artificial Intelligence (AI), Cloud-Based, Don Joos, NAPCO Security Technologies, recurring revenue, Security, Subscriptions, Zero Trust security


Read Full Articlered right arrow icon

Also Noted

NAPCO’s Alarm Lock Trilogy wins 2022 Maintenance Innovation Award for Safety

January 3, 2023SSN Staff

AMITYVILLE, N.Y. – NAPCO Security Technologies Inc. announced that its Alarm Lock Trilogy series access control locks have been recognized by facility management decision makers as the winner of the 2022 Maintenance Innovation Award for Safety.  Presenters state that the award is to “recognize innovations and excellence in products, that contribute to the efficient and profitable operation and management of commercial buildings and institutions in the...

Access Control, Alarm Lock Trilogy, Cloud-Based, door locks, NAPCO Security Technologies


Read Full Articlered right arrow icon

NAPCO announces record breaking fourth quarter fiscal results 2022

Suppliers

NAPCO announces record-breaking Q4 fiscal results for 2022

August 29, 2022Ken Showers, Managing Editor

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...

EBITDA, Financial Results, NAPCO Security Technologies, Richard Soloway, StarLink


Read Full Articlered right arrow icon

Mission 500’s annual 5K/2K raises over $90,000 at ISC West 2022

Also Noted

Mission 500’s annual 5K/2K raises over $90,000 at ISC West 2022

April 8, 2022SSN Staff

MIAMI—Mission 500, a 501c3 charitable organization born from the professional security industry to serve children and families in need across the U.S., raised over $90,000 at the organization’s annual Security 5K/2K Run/Walk at ISC West 2022 in Las Vegas. “We are once again blown away by the contributions and efforts put forth by the security industry to raise money for children and communities in crisis,” said Tracy Larson, Co-Chairwoman of Mission 500. “It was great...

2022, ADT, alarm.com, Altronix, Bosch, Brinks Home, Chris Mosley, Complete Security Systems, COPS Monitoring, Digital Monitoring Products (DMP), First Response Systems, Galaxy Control Systems, GSA Schedules Inc., HID Global, Hikvision, ISC West, Jim Highsmith, LRG Marketing Communications, Milestone, Mission 500, Motorola Solutions, NAPCO Security Technologies, PSA Security Network (PSA), Ronnie Pennington, Safety Technology International, Sage Integration, Security Systems News (SSN), SiteOwl, Tracy Larson, Unified Technology Partners, Vaxtor, WeSuite


Read Full Articlered right arrow icon

Suppliers

NAPCO hires senior VP of sales

July 28, 2020SSN Staff

AMITYVILLE, N.Y.—NAPCO Security Technologies, Inc., announced the recent appointment of Stephen Spinelli as NAPCO senior vice president of sales, for all its corporate divisions — NAPCO Security, Alarm Lock, Marks USA & Continental Access. Spinelli comes to NAPCO with a long, successful career as a sales driver and leader in security and access companies, Nortek Security & Controls and IEI, as well as with considerable experience in distribution. “We are pleased to welcome...

NAPCO Security Technologies, Stephen Spinelli


Read Full Articlered right arrow icon