secwatch.observer — SEC 8-K summary
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Issuer:     NAPCO SECURITY TECHNOLOGIES, INC (NSSC)
CIK:        0000069633
Form:       8-K
Filed at:   2024-08-26T23:59:59+00:00
Accession:  0001558370-24-012472
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NAPCO reports record FY2024 revenue $188.8M, net income $49.8M; Q4 EPS $0.36 beat; dividend raised 25%
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- Q4 revenue record $50.3M (+13% YoY); net income record $13.5M (+28%); diluted EPS $0.36 vs $0.28.
- Full year revenue $188.8M (+11%); net income $49.8M (+84%); adjusted EBITDA $58.9M (+72%).
- Recurring service revenue Q4 $20.3M (+27%) with 90% gross margin; annual run rate ~$84M.
- Board declared quarterly dividend $0.125 per share (25% increase), payable Oct 3 to holders of record Sep 12.
- Cash and investments $97.7M (up 46% YoY); no debt; operating cash flow $45.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/69633/000155837024012472/0001558370-24-012472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/69633/000155837024012472/nssc-20240822x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-012472

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer