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AI brief of an SEC Form 8-K · Napco Security Technologies (NSSC)

NAPCO Q3 Net Income Rises 38% to Record $13.2 Million on 13% Sales Growth

Positive Impact 3 of 5 earnings Written later

NAPCO reported fiscal third-quarter 2024 results (quarter ended March 31, 2024) with net sales up 13% to $49.3 million and net income up 38% to $13.2 million, or $0.36 per diluted share. The company also announced management changes, including Kevin Buchel's promotion to President and Chief Operating Officer while he remains Chief Financial Officer, and declared a $0.10 per share quarterly dividend.

Key points

  • Net sales rose 13% to $49.3 million; nine-month net sales rose 10% to $138.5 million
  • Net income rose 38% to $13.2 million ($0.36 per diluted share) versus $9.5 million a year earlier
  • Kevin Buchel promoted to President and COO effective May 2, 2024, keeping the CFO role; Andrew Vuono appointed SVP of Finance and Chief Accounting Officer, expected to start June 3
  • Quarterly dividend of $0.10 per share payable June 24, 2024 to holders of record June 3, 2024

The filing

CompanyNapco Security Technologies (NSSC)
Form8-K, current report
Filed with the SECMay 6, 2024, 4:08 PM ET
Accession number0001558370-24-006797

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.