Napco Reports 20th Consecutive Quarter of Year-Over-Year Record Sales
Reporting Q4 results, Napco said net income for the fiscal year increased 60% to a record $12.2 million from $7.6 million a year ago.
Reporting Q4 results, Napco said net income for the fiscal year increased 60% to a record $12.2 million from $7.6 million a year ago.
The company’s Universal StarLink LTE intrusion alarm communicators support any brand alarm panel or 12V/24V FACP reporting in Contact ID and 4/2.
The new Napco StarLink SLE-ANTEX Series antennas also support other popular radios from companies like Honeywell, DSC and DMP.
The manufacturer’s net income for the nine months ended March 31 increased 90% to $7.5 million from $4 million a year ago.
Launched at ISC West, Napco bills its iSecure series of dual-path alarm and smart home systems as “the first complete cellular alarm systems under $99 net.”
NAPCO has a long history dedicated to creating new security technologies for the pro security community, with intrusion, fire, video, wireless, access control and door-locking systems.
The new interactive website allows site-visitors to be the designer of their own custom locks and then spec and share them with other parties via email.
Recurring service revenue for the quarter increased 46% to $4.1 million as compared to $2.8 million for the same quarter last year.
Mitch Reitman will simplify the new IRS Code Section 199a that deals with huge tax credits for certain small businesses.
While Napco and Alarm.com had banner years, stock prices for many public companies in the smart home, security and custom integration markets dropped 19% on average in 2018.
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
The new IEEE 802.3bt standard increases the maximum PoE power available mainly by utilizing all four pairs of the structured wiring.
