NAPCO Security Technologies, Inc. (NASDAQ:NSSC) stock rose Monday after the company reported second-quarter results for fiscal 2026.
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Revenue rose 12.2% Y/Y to $48.2 million, beating the consensus of $47.8 million. Equipment revenue increased 12.0% Y/Y to $24.3 million in the quarter.
Gross profit increased 15.3% Y/Y to $28.2 million, with margin expanding to 58.6% from 57.0% a year ago quarter.
Recurring service revenue surged 12.5% Y/Y to $23.8 million, with a gross margin of 90.2%.
It represents around 50% of total revenue in the second quarter, and has a prospective …