NAPCO Security Technologies Reports Net Income of $10.8 Million for Q1 2023
Q1 2023 Revenue Soars to $43.5 Million for NAPCO Security Technologies
By USInMinutes
Published - Aug 18, 2023, 04:38 PM ET
Last Updated - Aug 18, 2023, 04:38 PM EDT
NAPCO Security Technologies, Inc.(NSSC) and its subsidiaries have announced th eir financial results for the first quarter of 2023, showcasing a net income of $10.8 million, signaling a substantial increase from the previous year.
The company reported a remarkable growth in revenue for the first quarter of 2023, with total net sales reaching $43.5 million, highlighting NAPCO Security Technologies' robust performance and expansion in the market.
Strong Performance in Q1 2023 with Impressive Net Income and Revenue Growth
NAPCO Security Technologies, Inc. and its subsidiaries have unveiled their unaudited financial results for the first quarter ended March 31, 2023. The company has exhibited a remarkable surge in both net income and revenue, showcasing a strong performance in the current fiscal year.
