earnings
confidence high
sentiment positive
materiality 0.80
Napco Q1 record revenue $44.0M, net income up 7% to $11.2M, declares $0.125 dividend
NAPCO SECURITY TECHNOLOGIES, INC
2025-Q1 EPS reported
$0.30
revenue$44,003,000
- Record Q1 net sales $44.0M (+6% YoY); net income $11.2M (+7%, record); diluted EPS $0.30.
- Recurring service revenue $21.1M (+22%), gross margin 91%; overall gross margin improved to 55.9%.
- Adjusted EBITDA $12.3M (down 4% YoY); cash $102.2M, no debt; operating cash flow $12.0M.
- Board declared $0.125 quarterly dividend (payable Jan 3, 2025) and authorized up to 1M share repurchase.
- Cellular radio sales surged 93% YoY; locking sales down 8% due to distributor destocking.