Napco Security Technologies Shares Fall as Settlement Charge Pushes 1Q to Loss

Dow Jones
May 04
 

By Adriano Marchese

 

Napco Security Technologies shares fell Monday after the company posted a first-quarter loss tied to a large litigation settlement charge.

Shares traded 11% lower at $41.81.

The security-systems manufacturer on Monday reported a net loss of $400,000, or one cent a share, compared with a profit of $10.1 million, or 28 cents a share, a year earlier.

The company said the decline was largely due to a $16 million litigation settlement charge in the quarter.

Excluding the settlement charge and other one-offs, adjusted earnings came to 39 cents a share, topping expectations of 33 cents a share, according to FactSet.

Revenue rose to $49.2 million, just shy of the $49.3 million analysts expected.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

May 04, 2026 10:58 ET (14:58 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10