US Market News
2 months ago
NAPCO Security Technologies, Inc. Reports Fiscal 2026 Q3 ResultsMay 4, 2026 7:00 AM
PR Newswire (US)
Fiscal Q3 2026 HighlightsQ3 Net revenues of $49.2 million, a 11.8% YoY increaseEquipment revenue increased 8.4% YoY to $24.2 millionRecurring service revenue ("RSR") increased 15.4% YoY to $24.9 million with a 90.4% gross marginRSR had a prospective annual run rate of approximately $101 million based on April 2026 recurring service revenues.Gross profit margin for Q3 2026 of 60.0% vs 57.2% in prior fiscal year quarterNet (loss) income for the three and nine months ended March 31, 2026, of $(0.4) million and $25.3 million is inclusive of a $16.0 million litigation settlement chargeNon-GAAP Diluted Net Income per share increased YoY to $0.39 vs $0.28Q3 Adjusted EBITDA increased 20.2% YoY to $15.8 million with an Adjusted EBITDA Margin of 32.2%The Board declared a quarterly dividend of $0.15 per share, payable on July 3, 2026 to shareholders of record on June 12, 2026.AMITYVILLE, N.Y., May 4, 2026 /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 financial results for its third quarter of fiscal 2026. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported adjusting for certain items ("Non-GAAP"). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.
Three months ended March 31,
Nine months ended March 31,
(dollars in thousands)
(dollars in thousands)
% Increase/
% Increase/
Financial Highlights
2026
2025
(decrease)
2026
2025
(decrease)
GAAP Results
Net Revenue
$49,167
$43,961
11.8%
$146,507
$130,897
11.9%Gross Profit
$29,489
$25,127
17.4%
$85,573
$74,232
15.3%Gross Profit Margin
60.0%
57.2%
58.4%
56.7%
Operating (Loss) Income
$(1,188)
$11,146
(110.7)%
$27,208
$34,173
(20.4)%Net (Loss) Income
$(408)
$10,122
(104.0)%
$25,260
$31,774
(20.5)%Diluted (Loss) Earnings Per Share
$(0.01)
$0.28
(103.6)%
$0.70
$0.86
(18.6)%
Non-GAAP Results
Operating Income
$14,812
$11,146
32.9%
$43,208
$34,173
26.4%Net Income
$13,859
$10,122
36.9%
$39,527
$31,774
24.4%Net Income Margin
28.2%
23.0%
27.0%
24.3%
Diluted Earnings Per Share
$0.39
$0.28
39.3%
$1.10
0.86
27.9%Adjusted EBITDA
$15,820
$13,161
20.2%
$46,112
$37,877
21.7%Adjusted EBITDA Margin
32.2%
29.9%
31.5%
28.9%
Adjusted EBITDA Per Share
$0.44
$0.36
22.2%
$1.28
$1.03% 24.3%Free Cash Flows
$16,022
$13,314
20.3%
$41,979
$37,024
13.4%Free Cash Flows Margin
32.6%
30.3%
28.7%
28.3%
1. In millions except percentages and per share data or as otherwise noted.Richard Soloway, Chairman and CEO, commented, "Our Fiscal Q3 performance reflects positive financial results, including record Q3 Adjusted EBITDA of $15.8 million, which was sustained by our recurring service revenue with its continued year over year double digit growth, and the consistent demand for our door-locking products that drove growth in our equipment revenue and improved equipment gross margins, which increased to approximately 29%. Our RSR continues to sustain gross margins of over 90%, represents approximately 51% of total revenue in Q3, and has a prospective run rate of approximately $101 million based on our April 2026 recurring service revenue. Our revenue growth and margin expansion resulted in a 37% increase in Non-GAAP net income, a 20% increase in Adjusted EBITDA and our adjusted EBITDA margin was 32.2% as compared to 29.9% in Q3 of Fiscal 2025.As such we are pleased to continue our dividend program and will be paying the next quarterly dividend of $0.15 per share on July 3, 2026 to shareholders of record on June 12, 2026."Conference Call InformationManagement will conduct a conference call at 11 a.m. ET today, May 4, 2026, and in order to participate please go to the Investor Relations section of the Company website at https://investor.napcosecurity.com/events-presentations or choose https://app.webinar.net/Yr185qlxvQE. Alternatively, interested parties may participate in the call by dialing (US) 1-800-836-8184 or 1-646-357-8785. A replay of the webcast will be available on the Investor Relations section of the Company's website.About NAPCO Security Technologies, Inc.NAPCO Security Technologies, Inc., is one of the leading manufacturers and designers of high-tech electronic security devices, wireless recurring communication services for intrusion and fire alarm systems as well as a 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.com.Safe Harbor StatementThis press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, but are not limited to, statements relating to the impact of COVID-19 pandemic; supply chain challenges and developments; the growth of recurring service revenues and annual run rate; the strength of our balance sheet; our expectations regarding future results; the introduction of new access control and locking products; the opportunities for school security products; business trends , including the replacement of 3G radios, and our ability to execute our business strategies. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements because of certain factors, including those risk factors set forth in the Company's filings with the Securities and Exchange Commission, such as our annual report on Form 10-K and quarterly reports on Form 10-Q. Other unknown or unpredictable factors or underlying assumptions subsequently proved to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and the Company undertakes no duty to update such information, except as required under applicable law.*Non-GAAP Financial MeasuresCertain non-GAAP measures are included in this press release, including non-GAAP operating income, non-GAAP net income, non-GAAP net income per share (diluted), non-GAAP net income margin, Adjusted EBITDA, Adjusted EBITDA per share (diluted), Adjusted EBITDA per share margin, Free Cash Flow and Free Cash Flow margin. We define non-GAAP net income as GAAP net income plus litigation settlement costs. We define Adjusted EBITDA as GAAP net income plus income tax expense, net interest income (expense), stock-based compensation, non-recurring legal expense, litigation settlement costs, and depreciation and amortization expense. Non-GAAP net income margin is non-GAAP net income divided by revenue. Adjusted EBITDA margin is Adjusted EBITDA divided by revenue. We define Free Cash Flow (FCF) as net cash provided by operating activities less capital expenditures. FCF margin is the FCF divided by revenue. These non-GAAP measures are provided to enhance the user's overall understanding of our financial performance. By excluding these charges our non-GAAP results provide information to management and investors that is useful in assessing NAPCO's core operating performance and in comparing our results of operations on a consistent basis from period to period. Our use of non-GAAP financial measures has certain limitations in that such non-GAAP financial measures may not be directly comparable to those reported by other companies. For example, the terms used in this press release, such as Adjusted EBITDA, do not have a standardized meaning. Other companies may use the same or similarly named measures, but exclude different items, which may not provide investors with a comparable view of our performance in relation to other companies. The presentation of this information is not meant to be a substitute for the corresponding financial measures prepared in accordance with generally accepted accounting principles. Investors are encouraged to review the reconciliation of GAAP to non-GAAP financial measures set forth above.NAPCO SECURITY TECHNOLOGIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited)
March 31, 2026
June 30, 2025
(in thousands, except share data)
Assets
Current Assets
Cash and cash equivalents
$114,408
$83,081
Marketable securities
10,544
16,095
Accounts receivable, net of allowance for credit losses of $27 and $25 as of March 31, 2026 and June 30, 2025, respectively
28,527
30,108
Inventories
33,384
29,962
Income tax receivable
2,765
—
Prepaid expenses and other current assets
3,146
3,198
Total Current Assets
192,774
162,444
Inventories - non-current
10,012
11,313
Property, plant and equipment, net
9,297
9,233
Intangible assets, net
3,064
3,287
Deferred income taxes
1,697
6,476
Operating lease - Right-of-use asset
4,975
5,188
Other assets
190
200
Total Assets
$222,009
$198,141
Liabilities and Stockholders' Equity
Current Liabilities
Accounts payable
$5,786
$5,742
Accrued expenses
7,999
8,712
Accrued litigation costs
16,000
—
Accrued salaries and wages
3,834
4,398
Dividends payable
5,357
4,992
Accrued income taxes
—
213
Total Current Liabilities
38,976
24,057
Accrued income taxes
34
143
Operating lease liability
5,217
5,335
Total Liabilities
44,227
29,535
Commitments and Contingencies (Note 13)
Stockholders' Equity
Common Stock, par value $0.01 per share; 100,000,000 shares authorized as of March 31, 2026 and June 30, 2025; 39,841,951 and 39,771,035 shares issued; and 35,727,337 and 35,656,421 shares outstanding, respectively.
398
398
Additional paid-in capital
24,523
25,280
Retained earnings
209,001
199,083
Treasury Stock, at cost, 4,114,614 shares as of both March 31, 2026 and June 30, 2025
(56,315)
(56,315)
Accumulated other comprehensive income
175
160
Total Stockholders' Equity
177,782
168,606
Total Liabilities and Stockholders' Equity
$222,009
$198,141
NAPCO SECURITY TECHNOLOGIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited)
Three Months ended March 31,
2026
2025
(in thousands, except for share and per share data)Revenue:
Equipment revenue
$24,238
$22,351Service revenue
24,929
21,610Total revenue
49,167
43,961Cost of Revenue:
Cost of equipment revenue
17,289
16,852Cost of service revenue
2,389
1,982Total cost of revenue
19,678
18,834
Gross Profit
29,489
25,127
Operating Expenses:
Research and development
3,418
3,185Selling, general, and administrative
11,259
10,796Litigation settlement cost
16,000
—Total Operating Expenses
30,677
13,981
Operating (Loss) Income
(1,188)
11,146
Other Income:
Interest income, net
881
762Other income, net
105
100(Loss) Income before Provision for Income Taxes
(202)
12,008Provision for Income Taxes
206
1,886Net (Loss) Income
$(408)
$10,122
(Loss) Income Per Share:
Basic
$(0.01)
$0.28Diluted
$(0.01)
$0.28
Weighted Average Number of Shares Outstanding:
Basic
35,691,000
36,111,000Diluted
35,691,000
36,253,000 NAPCO SECURITY TECHNOLOGIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited)
Nine Months Ended March 31,
2026
2025
(in thousands, except for share and per share data)
Revenue:
Equipment revenue
$74,300
$66,993
Service revenue
72,207
63,904
Total revenue
146,507
130,897
Cost of Revenue:
Cost of equipment revenue
53,942
50,968
Cost of service revenue
6,992
5,697
Total cost of revenue
60,934
56,665
Gross Profit
85,573
74,232
Operating Expenses:
Research and development
10,131
9,349
Selling, general, and administrative expenses
32,234
30,710
Litigation settlement cost
16,000
—
Total Operating Expenses
58,365
40,059
Operating Income
27,208
34,173
Other Income:
Interest income, net
2,618
2,631
Other income, net
346
296
Income before Provision for Income Taxes
30,172
37,100
Provision for Income Taxes
4,912
5,326
Net Income
$25,260
$31,774
Income Per Share:
Basic
$0.71
$0.87
Diluted
$0.70
$0.86
Weighted Average Number of Shares Outstanding:
Basic
35,689,000
36,511,000
Diluted
35,911,000
36,743,000
NAPCO SECURITY TECHNOLOGIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(unaudited)
Nine Months ended March 31,
2026
2025
(in thousands)
Cash Flows from Operating Activities
Net Income
$25,260
$31,774
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
1,670
1,705
Change in accrued interest on other investments
—
(194)
Unrealized gain on marketable securities
—
(131)
Realized gain on sales of marketable securities
(296)
—
Charge (recovery) of credit losses
2
(12)
Change to inventory reserve
(580)
78
Deferred income taxes
4,779
(2,324)
Stock-based compensation expense
784
1,143
Changes in operating assets and liabilities:
Accounts receivable
1,579
7,660
Inventories
(1,541)
2,973
Prepaid expenses and other current assets
52
841
Income tax receivable
(2,769)
(905)
Other assets
10
84
Accounts payable, accrued expenses, accrued litigation costs, accrued salaries and wages, accrued income taxes
14,541
(3,789)
Net Cash Provided by Operating Activities
43,491
38,903
Cash Flows from Investing Activities
Purchases of property, plant, and equipment
(1,512)
(1,879)
Purchases of marketable securities
(7,825)
(10,222)
Proceeds from sales of marketable securities
13,691
—
Purchases of other investments
—
(78)
Redemption of other investments
—
27,252
Net Cash Provided by Investing Activities
4,354
15,073
Cash Flows from Financing Activates
Proceeds from stock option exercises
—
54
Dividends paid
(14,977)
(9,164)
Repurchase of common stock
—
(36,794)
Payment of tax withholdings related to stock option exercises
(1,541)
—
Net Cash Used in Financing Activities
(16,518)
(45,904)
Net increase in Cash and Cash Equivalents
31,327
8,072
Cash and Cash Equivalents - Beginning
83,081
65,341
Cash and Cash Equivalents - Ending
$114,408
$73,413
Supplemental Cash Flow Information
Interest paid
$—
$—
Income taxes paid
$3,114
$8,350
Non-Cash Investing and Financing Transactions
Dividends declared and not paid
$5,357
$4,467
NAPCO SECURITY TECHNOLOGIES, INC.RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL DATA*(unaudited)(in thousands, except share and per share data)
Non-GAAP Adjustments
Litigation
Settlement
Tax
GAAP
Cost
Adjustments (1)
Non-GAAP
Three months ended March 31, 2026
Revenue$49,167
$—
$—
$49,167
Gross Profit
29,489
—
—
29,489
Operating Expenses
30,677
(16,000)
—
14,677
Operating (loss) Income
(1,188)
16,000
—
14,812
Net (loss) Income
(408)
16,000
(1,733)
13,859
Non-GAAP adjusted net income margin
28.2%Non-GAAP adjusted net income per share - diluted
$0.39
Three months ended March 31, 2025
Revenue$43,961
$—
$—
$43,961
Gross Profit
25,127
—
—
25,127
Operating Expenses
13,981
—
—
13,981
Operating (loss) Income
11,146
—
—
11,146
Net (loss) Income
10,122
—
—
10,122
Non-GAAP adjusted net income margin
23.0%Non-GAAP adjusted net income per share - diluted
$0.28
Nine months ended March 31, 2026
Revenue$146,507
$—
$—
$146,507
Gross Profit
85,573
—
—
85,573
Operating Expenses
58,365
(16,000)
—
42,365
Operating Income
27,208
16,000
—
43,208
Net Income
25,260
16,000
(1,733)
39,527
Non-GAAP adjusted net income margin
27.0%Non-GAAP adjusted net income per share - diluted
$1.10
Nine months ended March 31, 2025
Revenue$130,897
$—
$—
$130,897
Gross Profit
74,232
—
—
74,232
Operating Expenses
40,059
—
—
40,059
Operating Income
34,173
—
—
34,173
Net Income
31,774
—
—
31,774
Non-GAAP adjusted net income margin
24.3%Non-GAAP adjusted net income per share - diluted
$0.86
Three months ended March 31,
Nine months ended March 31,
2026
2025
2026
2025
Denominator:
Weighted average shares outstanding
Basic, as reported
35,691,000
36,111,000
35,689,000
36,511,000
Effect of Dilutive Securities
—
142,000
222,000
232,000
Diluted, (Denominator)
35,691,000
36,253,000
35,911,000
36,743,000
1.The 'with or without' method is utilized to determine the income tax effect of all Non-GAAP adjustments. NAPCO SECURITY TECHNOLOGIES, INC.RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL DATA*(unaudited)(in thousands, except share and per share data)
Three months ended March 31,
Nine months ended March 31,
2026
2025
2026
2025
Non-GAAP adjusted EBITDA:
Net (loss) income, as reported$(408)
$10,122
$25,260
$31,774
Interest income, net
(881)
(762)
(2,618)
(2,631)
Provision for income taxes
206
1,886
4,912
5,326
Depreciation and amortization
535
572
1,670
1,705
Non-GAAP EBITDA
(548)
11,818
29,224
36,174
Adjustments:
Stock based compensation
290
386
784
1,143
Nonrecurring legal expense(1)
78
957
104
560
Litigation settlement cost(2)
16,000
—
16,000
—
Total adjustments
16,368
1,343
16,888
1,703
Non-GAAP adjusted EBITDA$15,820
$13,161
$46,112
$37,877
Non-GAAP adjusted EBITDA margin
32.2%
29.9%
31.5%
28.9%
Non-GAAP per share data:
Non-GAAP adjusted EBITDA per share - diluted$0.44
$0.36
$1.28
$1.03
Denominator:
Weighted average shares outstanding
Basic, as reported
35,691,000
36,111,000
35,689,000
36,511,000
Effect of Dilutive Securities
—
142,000
222,000
232,000
Diluted, (Denominator)
35,691,000
36,253,000
35,911,000
36,743,000
1.Nonrecurring Legal Expenses, which are net of any insurance reimbursements, are legal fees that are determined not to be of a normal recuring nature and expenses necessary to operate the business2.Litigation settlement costs, which are net of any insurance reimbursements, were determined not to be of a recurring nature and costs that are not in the normal cost of business or necessary to operate the business
Three months ended March 31,
Nine months ended March 31,
(dollars in thousands)
(dollars in thousands)
2026
2025
2026
2025
Free cash flow:
Net Cash Provided by Operating Activities
$16,756
$13,379
$43,491
$38,903
Less: Purchases of property, plant, and equipment
(734)
(65)
(1,512)
(1,879)
Free Cash Flow(1)
$16,022
$13,314
$41,979
$37,024
Free Cash Flow Margin(1)
32.6%
30.3%
28.7%
28.3%
1.Free cash flow is calculated as net cash provided by operating activities less capital expenditures. Free cash flow margin is the free cash flow divided by revenue. Contacts:
Francis J. Okoniewski
Vice President of Investor Relations
NAPCO Security Technologies, Inc.
Office 800-645-9445 x 374
Mobile 516-404-3597
fokoniewski@napcosecurity.com
View original content:https://www.prnewswire.com/news-releases/napco-security-technologies-inc-reports-fiscal-2026-q3-results-302760891.htmlSOURCE NAPCO Security Technologies, Inc.
Original: NAPCO Security Technologies, Inc. Reports Fiscal 2026 Q3 Results
US Market News
4 months ago
NAPCO Security Technologies to Showcase Next-Generation Cloud and 5G Solutions at ISC West 2026March 16, 2026 7:30 AM
PR Newswire (US)
Industry Leader Debuts Expanded StarLink® 5G Communicators, MVP® Cloud Access Platform Enhancements, and Exclusive ISC Pro Lounge SponsorshipAMITYVILLE, N.Y., March 16, 2026 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), a leading designer and manufacturer of high-tech electronic security devices, wireless recurring communication services for intrusion, commercial fire alarm, access control and locking applications, and a leading provider of school safety solutions, today announced its participation in ISC West 2026, the security industry's premier trade show. The event takes place March 25–27, 2026, at The Venetian Expo in Las Vegas.Visitors are invited to experience NAPCO's "all under one roof" security portfolio at Booth #12031 (located just inside the main entrance), a 2,500 sq. ft. showcase featuring the latest innovations designed to accelerate dealer adoption, drive high-margin Recurring Monthly Revenue (RMR), and expand business across the Company's four core brands: NAPCO Security, Alarm Lock, Continental Access, and Marks USA.Key Highlights at ISC West 2026StarLink® Next-Generation 5G Multi-Carrier CommunicatorsNAPCO will debut expanded StarLink Intrusion models featuring advanced 5G cellular technology and dynamic multi-carrier switching across Verizon®, AT&T®, and the newly added T-Mobile® networks, ensuring reliable nationwide alarm reporting. StarLink Fire® Tri-carrier commercial fire cellular/IP models, also to be exhibited, are coming soon. Designed to replace aging POTS (Plain Old Telephone Service) copper landlines and obsolete cellular networks, these universal communicators are compatible with virtually any alarm panel and provide a compelling upgrade opportunity for dealers, while generating high-margin, recurring service revenue.With millions of alarm systems still dependent on disappearing copper landlines, NAPCO's StarLink serves as a critical bridge for commercial facilities to modernize their life-safety infrastructure while securing permanent RMR streams for NAPCO's dealer network.MVP® (Most Value Platform®) — Cloud Access EcosystemNAPCO's flagship cloud ecosystem, MVP, represents the cornerstone of the Company's software-as-a-service (SaaS) strategy, expanded recently with new strong component offerings, and now sold in the distribution channel. With these additions, and also consolidating video and security system integration with access control into a single, scalable interface, MVP seamlessly replaces legacy systems with a streamlined, high-margin subscription model, serving as a primary driver for increasing Average Revenue Per User (ARPU) and expanding NAPCO's footprint in enterprise, institutional, and small-business markets.New enhancements debuting at ISC West include:New NA-Series access control panelsSupport for virtually all credential technologies, including mobile NFC smartphone wallet accessNew integrations with NAPCO Gemini security systems plus choice of several video VMS platforms for unified SPoG (Single Pane of Glass) managementAffordable per-door monthly service pricing with scalable remote management from anywhere, enabling dealers to expand into small-business markets, schools, campuses, and enterprises, while improving operational efficiency and long-term customer retentionNew Cloud Access Opportunities for Locking ProfessionalsNAPCO will demonstrate MVP's cloud-managed access model tailored for locksmiths, many already familiar with the Company's Alarm Lock and Marks USA product lines. By adding simple app-based cloud services to installed or new locking hardware, including Trilogy Networx and new Marks Wireless Deadbolt Locks supporting Bluetooth and Prox/MIFARE credentials, locksmiths can effortlessly offer new MVP remote management services, creating recurring revenue streams while expanding hardware sales and establishing themselves as the long-term trusted resource for their customers' ongoing security needs.MVP Featured in the Exclusive ISC Pro LoungeNAPCO is the exclusive sponsor of the newly introduced ISC Pro Lounge, a premium show experience that sold out within weeks for several hundred ISC Pro VIPs. In the more than 2,000 sq. ft. lounge, NAPCO will feature video displays highlighting MVP and host two "Ask the Expert" interactive Tech Talks: "Security Industry Challenges" and "Top Tech Trends." NAPCO staff will be on hand to engage guests, answer questions, and distribute exclusive MVP giveaways, further cementing the company's role as a thought leader in the professional security channel."NAPCO continues to execute on our strategy of converting innovative hardware into sustained, high margin service revenue," said Richard Soloway, CEO of NAPCO Security Technologies. "By listening to the Voice of the Customer and continually inserting new technology into our proven platforms, we help our dealers, integrators, and locksmith partners stay ahead of evolving security challenges. The continued expansion of MVP and the evolution of our StarLink 5G communicators reflect our commitment to delivering solutions that grow our partners' businesses while strengthening NAPCO's high-margin recurring revenue base."About 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.com. Safe Harbor Statement
This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, but are not limited to, statements relating to the impact of COVID-19 pandemic; the growth of recurring service revenue and annual run rate; the introduction of new access control and locking products; the opportunities for fire alarm products; and our ability to execute our business strategies. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those risk factors set forth in the Company's filings with the Securities and Exchange Commission, such as our annual report on Form 10-K and quarterly reports on Form 10-Q. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and the Company undertakes no duty to update such information, except as required under applicable law. Contact:
Francis J. Okoniewski
Vice President, Investor Relations
NAPCO Security Technologies, Inc.
800-645-9445 x 374
Mobile: 516-404-3597
fokoniewski@napcosecurity.com
View original content:https://www.prnewswire.com/news-releases/napco-security-technologies-to-showcase-next-generation-cloud-and-5g-solutions-at-isc-west-2026-302713777.htmlSOURCE NAPCO Security Technologies, Inc.
Original: NAPCO Security Technologies to Showcase Next-Generation Cloud and 5G Solutions at ISC West 2026
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