{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-000600","form_type":"8-K","ticker":"NSSC","cik":"0000069633","company_name":"NAPCO SECURITY TECHNOLOGIES, INC","filed_at":"2025-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.090314+00:00","generated_at":"2026-05-27T04:17:54.262884+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Napco Q2 sales $43M (-9.7%), EPS $0.28 vs $0.34; RSR +14.4%, gross margin expands to 57%","bullets":["Net sales of $43.0M, down 9.7% YoY; diluted EPS $0.28 vs $0.34 in prior year Q2.","Recurring service revenue (RSR) rose 14.4% to $21.2M, 49% of total sales; RSR gross margin 91%.","Overall gross margin improved 440 bps to 57.0% from 52.6%, driven by higher-margin RSR mix.","Board declared $0.125/share quarterly dividend, payable April 3, 2025 to holders of record March 12.","Sales decline attributed to two large distributors reducing inventory; management expects improvement in H2 fiscal 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-000600","json":"https://secwatch.observer/filing/0001558370-25-000600.json","markdown":"https://secwatch.observer/filing/0001558370-25-000600.md","text":"https://secwatch.observer/filing/0001558370-25-000600.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69633/000155837025000600/0001558370-25-000600-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69633/000155837025000600/nssc-20250130x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:17:54.262884+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}