Exhibit 99.1 NAPCO Reports Record Revenues, Net Income and Adjusted EBITDA* for Q3 of Fiscal 2024 -Net Sales for the Quarter Increase 13% to $49.3 Million- -Net Income for the Quarter Increases 38% to $13.2 Million- -Adjusted EBITDA* for the Quarter Increases 37% to $15.6 Million- -3rd Quarter Recurring Service Revenues Increase 29% to $19.5 Million With a Gross Margin of 92%- -Board Declares Quarterly Dividend of $0.10 per share- AMITYVILLE, N.Y., May 6, 2024 /PRNewswire/ -- NAPCO Security Technologies, In ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . Commission File number: 0-10004 NAPCO SECURITY TECHNOLOGIES, INC. (Exact name of Registrant as specified in its charter) Delaware 11-2277 ...

财务数据和关键指标变化 - 第三季度销售额创历史新高,达4930万美元,同比增长13% [11][14] - 前9个月销售额创历史新高,达1.385亿美元,同比增长10% [14] - 经常性月度服务收入同比增长29%,达1950万美元 [15] - 前9个月经常性月度服务收入同比增长26%,达5540万美元 [15] - 经常性月度服务收入年化运营率达8100万美元 [15] - 设备销售同比增长5%,达2970万美元 [16] - 前9个月设备销售同比增长2%,达8310万美元 [16] - 毛利同比增长24%,达2650万美元,毛利率54% [17] - 前9个月毛利同比增长47%,达7390万美元,毛利率53% [17] - 经常性服务收入毛利同比增长31%,达1790万美元,毛利率92% [18] - 前9个月经常性服务收入毛利同比增长28%,达5010万美元,毛利率91% [18] - 设备销售毛利同比增长12%,达860万美元,毛利率29% [19] - 前9个月设备销售毛利同比增长113%,达2380万美元,毛利率29% [19] 各条业务线数据和关键指标变化 - 报警锁和Marks品牌门锁产品销售同比增长约16%,占硬件销售60%以上 [31] - 报警锁和Marks品牌门锁产品销售同比Q2增长约10% [31] - 公司继续专注于进一步渗透学校、医疗、零售等市场 [31] - StarLink无线火警系列产品销售在Q2环比增长2%,Q1增长66% [17][30] 各个市场数据和关键指标变化 - 公司产品广泛应用于办公楼、医院、学校、餐厅等各类商业建筑以及住宅 [33] - 数百万商业建筑仍需从传统铜线电话线升级 [33] - StarLink无线火警系列产品具有广泛的AT&T和Verizon网络覆盖,深受经销商欢迎 [33] 公司战略和发展方向及行业竞争 - 公司专注于无线火警和入侵报警系统、经常性服务收入、学校安全解决方案、企业门禁系统和建筑锁具产品 [12] - 公司管理层致力于实现增长、盈利和股本回报,有效管控成本 [13] - 公司将继续推进经常性收入业务,目标到2026财年达到约45%的EBITDA利润率 [32][86] - 公司未来几年目标是让所有硬件产品都能带来经常性收入 [86] - 公司具有自主研发、生产、销售的一体化优势,有利于提高毛利率 [91] - 公司在行业内具有创新文化、持续新产品开发、强大品牌优势 [36][37] 管理层对经营环境和未来前景的评论 - 公司有望继续保持强劲增长势头,实现2026财年目标 [29][32][86] - 供应链问题已基本解决,有助于提升设备销售和毛利率 [34] - 公司看好无线火警系统、学校安全、企业门禁等市场前景 [33][83][84] - 公司有望进一步提升经常性收入占比和毛利率 [29][31][86] 问答环节重要的提问和回答 问题1 **Matt Somerville提问** 询问硬件毛利率提升的主要推动因素 [42] **Kevin S. Buchel回答** - 产品结构改善,门锁产品毛利率高于入侵报警产品 [43][44] - 产能利用率提升带来的规模效应 [43] 问题2 **Jim Ricchiuti提问** 询问新分销商ADI的贡献情况及未来预期 [51] **Kevin S. Buchel回答** - ADI作为最大安防产品分销商,有望带来更多大客户资源 [52][53] - 公司将继续推动ADI渠道的业务增长 [54] 问题3 **Jaeson Schmidt提问** 询问经销商库存去化情况及销售端数据 [66] **Kevin S. Buchel回答** - 经销商高成本库存基本消化完毕 [67][68] - 公司内部库存也在逐步降低,预计6个月内可消化完毕 [69] - 入侵报警产品(含无线报警器)的经销商销售环比增长13% [70]

For the quarter ended March 2024, Napco (NSSC) reported revenue of $49.27 million, up 13.2% over the same period last year. EPS came in at $0.36, compared to $0.29 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $48.23 million, representing a surprise of +2.15%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $0.34.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...

Napco (NSSC) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this security products and software company would post earnings of $0.26 per share when it actually produced earnings of $0.34, delivering a surprise of 30.77%.Over the last four qu ...

-Net Sales for the Quarter Increase 13% to $49.3 Million- -Net Income for the Quarter Increases 38% to $13.2 Million- -Adjusted EBITDA* for the Quarter Increases 37% to $15.6 Million- -3rd Quarter Recurring Service Revenues Increase 29% to $19.5 Million With a Gross Margin of 92%- -Board Declares Quarterly Dividend of $0.10 per share- AMITYVILLE, N.Y., May 6, 2024 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security ...

-Executive Changes Aimed at Maintaining and Improving Recent Growth Trajectories- AMITYVILLE, N.Y., May 2, 2024 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security equipment, wireless communication devices for intrusion and fire alarm systems and the related recurring service revenues as well as a provider of school safety solutions, today announced exciting changes aimed at bolstering its management team with new ...

AMITYVILLE, N.Y., May 1, 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 will release financial results for its Fiscal Third Quarter 2024 which ended March 31, 2024 on Monday May 6, 2024 before the market opens followed by a conference cal ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Napco (NSSC) . This company, which is in the Zacks Security and Safety Services industry, shows potential for another earnings beat.This security products and software company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for ...

分组1 - 公司连续13个季度实现创纪录销售,其中硬件销售增长6%,占总销售的61% [20][22] - 经常性订阅服务收入增长25%,占总收入的40%,年化运营率达到7650万美元 [14][21] - 公司毛利率提升至53%,其中经常性收入毛利率达90% [23][24][25] - 公司净利润和调整后EBITDA均创季度新高,分别占销售的27%和32% [34][35][36] - 公司现金和现金等价物增加18%至7900万美元,无债务 [37][51] 分组2 - 公司新推出的Prima全能报警系统有望满足中小型商业和住宅市场需求,并带来更多经常性收入 [52] - 公司StarLink无线通信产品有广泛的市场机会,因为有数百万商业建筑需要从传统铜线升级 [53][74] - 公司将参加4月份拉斯维加斯ISC West安防展,预计将获得大量新的经销商和客户订单 [84][85] - 公司未来几年的目标是经常性收入和硬件销售均达到1.5亿美元,并将EBITDA利润率提升至45% [50] 问答环节重要的提问和回答 问题1 **Chad Bennett 提问** 询问公司是否已经解决了之前的无线通信产品库存问题 [60] **Kevin Buchel 回答** 公司正在努力解决这一问题,预计到第三季度末将完全解决 [61][62] 问题2 **Jaeson Schmidt 提问** 询问公司经销商的销售情况 [71] **Richard Soloway 回答** 公司正在帮助经销商消化库存,同时也在开发新的经销商渠道,预计未来销售将持续增长 [72][74][75] 问题3 **Raj Sharma 提问** 询问公司未来几个季度的增长率预期 [104] **Kevin Buchel 回答** 公司预计未来硬件销售增长率将达到10%以上,其中门锁业务增长可能会更快 [105][107]