NAPCO Security Techs Q2 EPS $0.34 Beats $0.26 Estimate, Sales $47.55M Beat $43.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
NAPCO Security Technologies (NSSC) reported Q2 earnings of $0.34 per share, surpassing the $0.26 estimate, marking a 209.09% increase from last year. Sales reached $47.55M, beating the $43.92M estimate, a 12.37% increase from the previous year.
February 05, 2024 | 12:44 pm
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POSITIVE IMPACT
NAPCO Security Technologies reported a significant beat on both earnings and sales estimates for Q2, with earnings per share at $0.34 and sales at $47.55M.
The substantial beat on both earnings per share and sales estimates for Q2 indicates strong financial health and operational efficiency. This outperformance, especially the 209.09% increase in earnings per share from the same period last year, is likely to instill investor confidence and could lead to a positive short-term impact on NSSC's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100