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NAPCO Security Technologies To Attend the J.P. Morgan Industrials Conference Thursday, March 14, 2024, in New York City
AMITYVILLE, N.Y., March 12, 2024 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading designers and manufacturers of high-tech
About this update from Napco Security Technologies, Inc.
[{"type":"text","content":"AMITYVILLE, N.Y., March 12, 2024 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading designers and manufacturers of high-tech electronic security devices, wireless recurring communication services for intrusion, fire alarm, access control and locking systems as well as a leading provider of school safety solutions today is announcing that management will be hosting one on one meetings at the J.P. Morgan Industrials Conference at 383 Madison Avenue in New York City.\n\nNAPCO management will host meetings at the Conference on March 14. The topics to be highlighted will include the company's recent fiscal second quarter 2024 results which had record sales of $47.5 million and its 25% year over year recurring revenue growth to $18.5 million dollars representing approximately 40% of total revenue with corresponding gross margins of 90%. The annual run rate for recurring revenue is now $76.5 million based on January 2024 recurring revenues. In addition, we will be discussing the recent introduction of Prima by NAPCO, a new All-in-One Panel for security, fire, video and connected home which addresses an important mass segment of the security market including residential and small business systems. \nTo receive additional information, request an in person one on one invitation, please contact your J.P. Morgan sales representative or Francis Okoniewski, Vice President, Investor Relations for NAPCO at [email protected].\nAbout NAPCO Security Technologies, Inc. NAPCO Security Technologies, Inc., is one of the world's leading manufacturers and service providers of high-tech electronic security devices as well as a leading provider of school safety solutions. The Company consists of four Divisions: NAPCO, plus three wholly-owned subsidiaries: Alarm Lock, Continental Instruments, and Marks USA. Headquartered in Amityville, New York, its products are installed by tens of thousands of security professionals worldwide in commercial, industrial, institutional, residential and government applications. NAPCO products have earned a reputation for innovation, technical excellence and reliability, positioning the Company for growth in the multi-billion dollar and rapidly expanding electronic security market. For additional information on NAPCO, please visit the Company's web site at http://www.napcosecurity...