{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-006797","form_type":"8-K","ticker":"NSSC","cik":"0000069633","company_name":"NAPCO SECURITY TECHNOLOGIES, INC","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.706896+00:00","generated_at":"2026-06-02T22:35:20.318733+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Napco posts record Q3 revenue $49.3M, net income $13.2M; promotes Buchel to President & COO","bullets":["Q3 net sales $49.3M (+13% YoY); net income $13.2M (+38% YoY); EPS $0.36 (+38%).","Recurring service revenue $19.5M (+29%), gross margin 92%; annual run rate ~$81M.","Adjusted EBITDA $15.6M (+37%), margin 32%; cash $87.5M, zero debt.","Board declares $0.10/share dividend payable June 24, 2024.","Kevin Buchel promoted to President & COO while remaining CFO; Michael Carrieri promoted to EVP Engineering & CTO; Andrew Vuono appointed SVP Finance & CAO."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-006797","json":"https://secwatch.observer/filing/0001558370-24-006797.json","markdown":"https://secwatch.observer/filing/0001558370-24-006797.md","text":"https://secwatch.observer/filing/0001558370-24-006797.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69633/000155837024006797/0001558370-24-006797-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69633/000155837024006797/nssc-20240502x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:35:20.318733+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":"ab2d4d108bdc72917127e214e07722acea6283fd","claim":"NAPCO SECURITY TECHNOLOGIES, INC reported the fiscal quarter ended March 31, 2024 results: revenue $49.3 million, net income $13.2 million, EPS $0.36.","evidence_excerpt":"of that section. --- EX-99.1 (EX-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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000155837024006797/0001558370-24-006797-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$49.3 million"},{"label":"Net income","value":"$13.2 million"},{"label":"EPS","value":"$0.36"},{"label":"Result","value":"reported results"}]},{"claim_id":"6ee30e4e96","claim":"Kevin Buchel changed role as President & Chief Operating Officer at NAPCO SECURITY TECHNOLOGIES, INC.","evidence_excerpt":"Effective May 2, 2024, Kevin Buchel has been promoted to President & Chief Operating Officer while maintaining his position as Chief Financial Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000155837024006797/0001558370-24-006797-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President & Chief Operating Officer"}]},{"claim_id":"c47b43941d","claim":"Michael Carrieri changed role as Executive Vice President of Engineering & Chief Technology Officer at NAPCO SECURITY TECHNOLOGIES, INC.","evidence_excerpt":"Also, Effective May 2, 2024, Michael Carrieri has been promoted to Executive Vice President of Engineering & Chief Technology Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000155837024006797/0001558370-24-006797-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Executive Vice President of Engineering & Chief Technology Officer"}]},{"claim_id":"d74ca4f78b","claim":"Andrew Vuono was appointed as Senior Vice President of Finance and Chief Accounting Officer at NAPCO SECURITY TECHNOLOGIES, INC.","evidence_excerpt":"On May 2, 2024, Andrew Vuono was appointed as the Company’s Senior Vice President of Finance and Chief Accounting Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000155837024006797/0001558370-24-006797-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Senior Vice President of Finance and Chief Accounting Officer"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}