$NSSC (-0,62%)

NAPCO Security Technologies Inc. ( NSSC ) reported an increase in profits for the second quarter compared to the same period last year.

The company's profit totaled 13.50 million US dollars, or 0.38 US dollars per share. In the previous year, the profit amounted to USD 10.46 million or USD 0.28 per share.

The company's turnover rose by 12.2% to USD 48.17 million in this period, compared to USD 42.93 million in the previous year.

Profit overview of NAPCO Security Technologies Inc (GAAP):

Net income: $13.50 million compared to $10.46 million in the prior year.

- Earnings per share: USD 0.38 compared to USD 0.28 in the previous year.

- Sales: USD 48.17 million compared to USD 42.93 million in the previous year.

$NSSC (-0,62%)

NAPCO Security Technologies Inc. ( NSSC ) reported a year-on-year increase in profits for the first quarter, exceeding analysts' expectations.

The company's net income amounted to 12.17 million US dollars, or 0.34 US dollars per share. In the previous year, it amounted to USD 11.19 million or USD 0.30 per share.

On average, analysts had expected earnings of USD 0.30 per share. Analysts' estimates usually exclude special effects.

The company's turnover rose by 11.8% to USD 49.17 million in this period, compared to USD 44.00 million in the previous year.

Profit overview of NAPCO Security Technologies Inc (GAAP):

- Net income: $12.17 million compared to $11.19 million in the prior year.

- Earnings per share: $0.34 compared to $0.30 in the previous year.

- Revenue: $49.17 million compared to $44.00 million in the previous year.

Am I looking at Cup and Handle @TomTurboInvest ??

A "cup and handle" chart pattern is a bullish formation that signals a potential continuation of an uptrend. It consists of a U-shaped "cup", which represents a longer downtrend after the uptrend, followed by a shorter, downward consolidation, the "handle". An upward breakout above the handle is considered a buy signal.

https://www.rttnews.com/3589615/napco-security-technologies-inc-announces-climb-in-q1-income-beats-estimates.aspx

The savings plan was executed somewhat unfavorably, but the 10% will make no difference in the long term.

The quarterly report was very satisfactory for me.

Margin expansion and RSR >10% growth

Exactly what I wanted to see.

$NSSC (-0,62%)

Hands off or favorable entry opportunity in a growth stock?

Your opinion is important to me!

$NSSC (-0,62%)

https://www.finanzen.net/nachricht/aktien/geringerer-gewinn-erwartet-nasdaq-titel-napco-security-technologies-aktie-stuerzt-um-45-ab-napco-muss-berichterstattung-ueber-die-vergangenen-drei-quartale-korrigieren-12756068

Bronstein, Gewirtz and Grossman, LLC announces an investigation of Napco Security Technologies, Inc. and urges investors to contact the company!

On September 5, 2024, Fuzzy Panda Research published a report on Napco accusing the company of financial manipulation and accounting fraud. Specifically, the report states: "We interviewed former employees, competitors and industry leaders who repeatedly expressed doubts about Napco's reported financials and corroborated each other." Following this news, Napco's shares fell.

What's next?

If you are aware of facts related to this investigation or have purchased Napco securities, you can support this investigation by visiting the company's website: bgandg.com/NSSC . You may also contact Peretz Bronstein or his account executive, Nathan Miller of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.

https://www.wallstreet-online.de/nachricht/18485427-nssc-investor-alert-bronstein-gewirtz-and-grossman-llc-announces-investigation-into-napco-security-technologies-inc-and-encourages-investors-to-contact-the-firm