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NAPCO Security Technologies (NSSC) Reports Record Fiscal Q4 Revenue of $55.8M (+10%) and Full-Year Revenue Exceeding $200M (+11.4%) for First Time; Kevin Buchel Named CEO
NAPCO Security Technologies (NSSC) reported record fiscal fourth-quarter net sales of $55.8 million, a 10% increase year-over-year, and full-year net revenue of $202.3 million, up 11.4%, surpassing the $200 million threshold for the first time. For Q4, GAAP net income increased 52.7% to $17.8 million, or $0.50 per diluted share. Longtime executive Kevin Buchel has been appointed Chief Executive Officer and President, while founder Dick Soloway transitioned to Founder and Executive Chairman.
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