---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-014248"
form_type: "8-K"
ticker: "NSSC"
cik: "0000069633"
company_name: "NAPCO SECURITY TECHNOLOGIES, INC"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:33:11.165219+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Napco Q1 record revenue $44.0M, net income up 7% to $11.2M, declares $0.125 dividend

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-014248
- form_type: 8-K
- ticker: NSSC
- cik: 0000069633
- company_name: NAPCO SECURITY TECHNOLOGIES, INC
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/69633/000155837024014248/0001558370-24-014248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/69633/000155837024014248/nssc-20241101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-014248
- JSON: https://secwatch.observer/filing/0001558370-24-014248.json
- Plain text: https://secwatch.observer/filing/0001558370-24-014248.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.