Napco Security Shares Rise After Electronic Locks Boost 2Q Sales

Dow Jones

Feb 03

By Katherine Hamilton

Shares of Napco Security Technologies rose after the company reported higher-than-expected sales and earnings, fueled by demand for its high-tech locking products.

The stock gained 11.6% to $41.18 on Monday afternoon. Shares are roughly flat over the past three months.

The provider of security alarms and electric door locks reported $48.2 million in revenue during its fiscal second quarter, a 12% increase from the year before. That was ahead of the $47.8 million expected by analysts, according to FactSet.

Napco had a profit of $13.5 million, or 38 cents a share, up from $10.5 million, or 28 cents a share, the year prior. Analysts were anticipating 32 cents a share.

Sales were driven by recurring service revenue and continued high demand for Napco's door-locking products, Chief Executive Richard Soloway said.

Napco also raised its quarterly dividend by 7% to 15 cents a share.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

February 02, 2026 15:10 ET (20:10 GMT)

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Shares are roughly flat over the past three months. \n\n\n  The provider of security alarms and electric door locks reported $48.2 million in revenue during its fiscal second quarter, a 12% increase from the year before. That was ahead of the $47.8 million expected by analysts, according to FactSet. \n\n\n  Napco had a profit of $13.5 million, or 38 cents a share, up from $10.5 million, or 28 cents a share, the year prior. Analysts were anticipating 32 cents a share. \n\n\n  Sales were driven by recurring service revenue and continued high demand for Napco's door-locking products, Chief Executive Richard Soloway said. \n\n\n  Napco also raised its quarterly dividend by 7% to 15 cents a share. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 02, 2026 15:10 ET (20:10 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}