FX.co ★ NAPCO Security Technologies Inc. Q4 Profit Rises, Beats Estimates

NAPCO Security Technologies Inc. (NSSC) has reported an increase in earnings for its fourth quarter, surpassing both the previous year's results and Wall Street expectations.

The company posted a net income of $13.534 million, or $0.36 per share, compared to $10.565 million, or $0.28 per share, during the same quarter last year.

Analysts, as polled by Thomson Reuters, had forecasted earnings of $0.35 per share, a figure that typically excludes any special items.

Revenue for the quarter saw a 12.7% uptick, climbing to $50.330 million from $44.658 million the previous year.

Key financial highlights for NAPCO Security Technologies Inc. (GAAP) for Q4 are as follows:

- Net Income: $13.534 million, up from $10.565 million last year.

- Earnings Per Share (EPS): $0.36, an increase from $0.28 last year.

- Revenue: $50.330 million, compared to $44.658 million last year.