Shareholders have to focus on NAPCO Security Technologies, Inc. (NASDAQ: NSSC) earning review

NAPCO Security Technologies, Inc. (NASDAQ: NSSC) stock identified change of 109.73% away from 52-week low price and recently located move of -17.27% off 52-week high price. It has market worth of $568.65M. NSSC stock has been recorded 3.63% away from 50 day moving average and 13.28% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.78% off 20-day moving average.

NAPCO Security Technologies, Inc. (NASDAQ: NSSC), recently reported financial results for its fourth quarter and fiscal year ended June 30, 2019.

Net sales for the three months ended June 30, 2019 increased 9% to a record fourth quarter revenue of $29.6M, as contrast to $27.3M for the same period one year ago. Net sales for the fiscal year ended June 30, 2019 increased 12% to $102.9M, as contrast to $91.7M for the same period one year ago. Research and development costs for the quarter increased 8% to $1.9M or 6.3% of sales as contrast to $1.7M or 6.3% of sales last year. Research and development costs for fiscal year 2019 increased 9% to $7.2M or 7% of sales as contrast to $6.6M or 7.2% of sales last year. Selling, general and administrative expenses for the quarter increased 3% to $6.3M, or 21.3% of sales, as contrast to $6.1M, or 22.5% of sales for the same period last year. Selling, general and administrative expenses for the fiscal year ended June 30, 2019 increased 1% to $23.2M, or 22.6% of sales, as contrast to $23.0M, or 25.0% of sales for the same period last year.

Operating income for the three months ended June 30, 2019 increased 11% to $4.8M as contrast to $4.3M for the same period a year ago, Operating income for the fiscal year ended June 30, 2019 increased 60% to $13.5M, as contrast to $8.4M for the same period a year ago.

Net income for the three months ended June 30, 2019 increased 28% to a fourth quarter record of $4.7M, or $0.26 per diluted share, as contrast to $3.7M, or $0.20 per share, for the same quarter last year. Net income for the fiscal year ended June 30, 2019 increased 60% to a record $12.2M, or $0.66 per diluted share, as contrast to $7.6M, or $0.41 per share, for the same period last year.

Adjusted EBITDA for the three months ended June 30, 2019 increased 10% to $5.2M, or $0.28 per diluted share, as contrast to $4.7M, or $0.25 per diluted share for the same period last year. Adjusted EBITDA for the fiscal year ended June 30, 2019 increased 51% to  $15.0M, or $0.81 per diluted share, as contrast to $10.0M, or $0.53 per diluted share for the same period last year.

Balance Sheet Summary

At June 30, 2019, the Company had $8.0M in cash and cash equivalents as contrast to $5.3M as of June 30, 2018. NAPCO had working capital (defined as current assets less current liabilities) of $51.1M at June 30, 2019 as contrast with working capital of $44.3M at June 30, 2018.

The Services sector company, Napco Security Technologies, Inc. noticed change of 1.37% to $28.88 along volume of 305334 shares in recent session compared to an average volume of 180.78K. The stock observed return of -5.44% in 5 days trading activity. The stock was at 9.94% over one month performance. NSSC’s shares are at -0.07% for the quarter and driving a 100.28% return over the course of the past year and is now at 83.37% since this point in 2018.   The average volatility for the week at 4.97% and for month was at 4.07%. There are 19.69M shares outstanding and 11.52M shares are floated in market. Right now the stock beta is 0.57.

Amy Jimenez

Amy Jimenez– Services My name is Amy Jimenez, and I am the main writer behind the" allthetopnews.com" for the ground-breaking and most fragile bits of knowledge into the most recent news in the services sector. I began my voyage of work as an autonomous investment advisor. I had around 4 years of involvement in this field. I am a free soul so; my energy for investigating the world has taken me to the countries over the globe and allowed me to report for a part of the best news affiliations. At present, I am a full-time manager as experienced in the account and began to utilize my capacities.

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