BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Napco Security Technologies Stock Surges on Fiscal Q4 Earnings Beat
Napco Security Technologies Stock Surges on Fiscal Q4 Earnings Beat
9
1
BTCCSquare news:
Napco Security Technologies (NSSC) shares rallied sharply after reporting fiscal Q4 results that exceeded analyst expectations. The electronic security firm posted diluted EPS of $0.33, surpassing the $0.28 consensus estimate, though marking an 8.3% decline from the year-ago period. Revenue of $50.7 million comfortably beat the $44.66 million forecast despite a 1% year-over-year dip.
Equipment sales showed sequential strength, rising 27% to $28.3 million after a 5% annual decline. The stock gained 9.4% Monday, building on Friday's 4.3% advance, though remains down nearly 10% year-to-date. Shareholders will receive a $0.14 dividend payable October 3, with a September 12 record date.
By:
