{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-000917","form_type":"8-K","ticker":"NSSC","cik":"0000069633","company_name":"NAPCO SECURITY TECHNOLOGIES, INC","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.793346+00:00","generated_at":"2026-06-20T00:35:41.507003+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"NAPCO Q2 FY2023: Record net sales $42.3M (+27% YoY); net income $8.4M (vs $1.0M); EPS $0.23","bullets":["Q2 net sales $42.3M, up 27% YoY; recurring service revenue $14.9M (+35%) with 89% gross margin.","Net income $8.4M ($0.23 diluted EPS) vs $1.0M ($0.03) a year ago, a 714% increase.","Adjusted EBITDA $10.3M ($0.28 per share), up 232% from $3.1M.","Cash and equivalents $47.1M, no debt; working capital $101.6M, current ratio 6.6:1.","Former NY Governor David Paterson appointed to Board of Directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-000917","json":"https://secwatch.observer/filing/0001558370-23-000917.json","markdown":"https://secwatch.observer/filing/0001558370-23-000917.md","text":"https://secwatch.observer/filing/0001558370-23-000917.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69633/000155837023000917/0001558370-23-000917-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69633/000155837023000917/nssc-20230206x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T00:35:41.507003+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7959a2c217a2ae068e236f9533a27bec4dd1de7a","claim":"NAPCO SECURITY TECHNOLOGIES, INC reported second quarter of fiscal 2023 results: revenue $42.3 million, net income $8.4 million, EPS $0.23.","evidence_excerpt":"subject to the liabilities of that section. --- EX-99.1 (EX-99.1) --- NAPCO Announces Second Quarter Fiscal 2023 Results -2nd Quarter Net Sales Increase 27% to a Q2 Record $42.3 Million- -2nd Quarter Recurring Service Revenues Increase 35% to $14.9 Million With Gross Margins of 89%- -Quarterly Record Net Income of $8.4M and Adjusted EBITDA* of $10.3 Million -","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000155837023000917/0001558370-23-000917-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal 2023"},{"label":"Revenue","value":"$42.3 million"},{"label":"Net income","value":"$8.4 million"},{"label":"EPS","value":"$0.23"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}