NAPCO Security Systems Inc. reported record sales figures
for its third quarter and nine-month period for the 2004
fiscal year. Sales for the quarter ended March 31 were
$14.742 million, up 10 percent from last year’s $13.406
million. Nine-month period sales totaled $39.206 million, a
one-percent increase from $38.99 million in 2003.
The company attributed the revenue increase to increasing
market acceptance of NAPCO products, the strong housing
market and society’s heightened awareness of security.
NAPCO expects strong showings from its fourth quarter,
typically its best each year.
