NASDAQ$NSSC
Napco Security Technologies Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported a record Q2 sales and strong recurring service revenues.
NAPCO Security Technologies reported a 5% increase in net sales, reaching a record $27.2 million for the fiscal second quarter. Recurring service revenues grew by 42% to $8.2 million, with a gross margin of 85%. Net income increased by 38% over the fiscal first quarter.
- Net sales increased by 5% year-over-year to a record $27.2 million.
- Recurring service revenues increased by 42% year-over-year to $8.2 million with a gross margin of 85%.
- Net income increased by 38% over the fiscal first quarter.
- Cash and cash equivalents increased to $26.8 million.
Headline financials
Revenue & EPS history
Napco · Revenue · Quarterly
$27.2M
Revenue by segment
Napco · $16.1M total across 1 segment · Q4 2023
- Recurring Services$16.1M—100.0%
Forward guidance
NAPCO is well-positioned for the expected economic recovery and remains focused on generating continued strong recurring revenue growth and increasing overall gross margins.
Tailwinds
- Well-positioned for the economic recovery.
- Focused on generating continued strong recurring revenue growth.
- Will continue efforts to expand recurring revenue product offerings into all segments of the Company.
- Strong underlying business fundamentals.
- Market-leading brands.
Headwinds
- COVID-19 pandemic has caused some delay in spending at certain K-12 schools, colleges, and universities.
- Postponements of planned security upgrades.
- The communication paradigm continues to "sunset" away from legacy copper and 3G infrastructure.
- Dependence on distributors for product sales, which can be affected by their access to installation sites.
- Potential impact of competition and technological changes in the security market.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+1.4%
Avg return
Earnings day
+2.7%
Avg return
5 days after
+7.5%
Avg return
30 days after
45%
29 / 64 earnings
Positive
+33.0%
Q1 2024
Best reaction
-26.6%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -15.2% | -12.6% | -22.9% | |
| Q2 2026 | +11.4% | +18.3% | +18.1% | |
| Q1 2026 | -6.8% | -4.6% | -7.1% | |
| Q3 2025 | +3.6% | +10.9% | +20.2% | |
| Q2 2025 | -26.6% | -29.9% | -33.7% | |
| Q1 2025 | -6.9% | +0.2% | +5.7% | |
| Q4 2024 | -16.4% | -16.4% | -25.2% | |
| Q3 2024 | +7.7% | +4.5% | +22.0% | |
| Q2 2024 | +21.3% | +25.7% | +14.9% | |
| Q1 2024 | +33.0% | +35.6% | +69.5% | |
| Q4 2023 | +8.9% | -38.4% | -38.6% | |
| Q3 2023 | +20.9% | +22.8% | +39.2% | |
| Q2 2023 | +14.3% | +1.6% | +8.8% | |
| Q1 2023 | +8.9% | +13.0% | +5.0% | |
| Q4 2022 | +16.3% | +13.9% | +17.2% | |
| Q3 2022 | -2.2% | +4.0% | +21.9% | |
| Q2 2022 | -2.9% | -3.9% | -0.1% | |
| Q1 2022 | -5.9% | -3.4% | +2.5% | |
| Q4 2021 | +18.5% | +8.7% | +18.3% | |
| Q3 2021 | -1.8% | -2.9% | +1.5% | |
| Q2 2021 | +15.1% | +20.6% | +33.5% | |
| Q1 2021 | +10.3% | +16.3% | +25.3% | |
| Q4 2020 | -4.8% | -3.3% | +5.6% | |
| Q3 2020 | +12.2% | +19.1% | +34.0% | |
| Q2 2020 | -25.6% | -23.3% | -30.0% | |
| Q1 2020 | -0.1% | -1.6% | +4.3% | |
| Q4 2019 | -24.0% | -25.3% | -26.2% | |
| Q3 2019 | +12.0% | +10.6% | +21.2% | |
| Q2 2019 | +21.8% | +29.7% | +32.9% | |
| Q1 2019 | +12.9% | +15.0% | +7.8% | |
| Q4 2018 | +2.0% | +2.0% | -3.6% | |
| Q3 2018 | +7.9% | +7.3% | +7.8% | |
| Q2 2018 | -0.4% | -0.5% | +1.6% | |
| Q1 2018 | -3.4% | -5.1% | -5.6% | |
| Q4 2017 | +18.6% | +9.0% | +28.4% | |
| Q3 2017 | -5.0% | -10.0% | -6.7% | |
| Q2 2017 | -0.6% | -2.7% | +6.5% | |
| Q1 2017 | +4.8% | +6.4% | +19.1% | |
| Q4 2016 | -5.9% | -7.3% | -2.0% | |
| Q3 2016 | -0.7% | — | — | |
| Q2 2016 | -2.6% | — | — | |
| Q1 2016 | -4.4% | — | — | |
| Q4 2015 | -3.1% | — | — | |
| Q3 2015 | +2.7% | — | — | |
| Q2 2015 | +8.0% | — | — | |
| Q1 2015 | -6.1% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | +7.2% | — | — | |
| Q2 2014 | -5.9% | — | — | |
| Q1 2014 | -1.3% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q3 2013 | -1.8% | — | — | |
| Q2 2013 | +2.9% | — | — | |
| Q1 2013 | -3.7% | — | — | |
| Q4 2012 | +7.6% | — | — | |
| Q3 2011 | -7.7% | — | — | |
| Q3 2012 | -7.7% | — | — | |
| Q2 2011 | -10.7% | — | — | |
| Q2 2012 | -10.7% | — | — | |
| Q1 2012 | -1.8% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2010 | -2.2% | — | — | |
| Q3 2010 | -0.9% | — | — |
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