Source: Benzinga

Napco Security: Napco Security Technologies (NSSC) Shares Plummet After Disappointing Earnings, Distributor Issues - Hagens Berman

SAN FRANCISCO, March 05, 2025 (GLOBE NEWSWIRE) -- Napco Security Technologies, Inc. (NASDAQ:NSSC) saw its shares tumble after the company reported a sharp decline in second-quarter 2025 earnings, revealing problems with its distribution network. The news reignited concerns about the company's sales practices, previously raised by a research report last September.Hagens Berman urges Napco investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.Visit: www.hbsslaw.com/investor-fraud/nsscContact the Firm Now: NSSC@hbsslaw.com | 844-916-0895Napco Security Technologies, Inc. (NSSC) Investigation:On February 3, 2025, Napco reported a 25% drop in equipment sales compared to the same quarter the previous year. The company attributed the decline to "reduced sales to two of our larger distributors," with one distributor citing efforts to reduce inventory. This disclosure ...Full story available on Benzinga.com

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Annual Revenue
$100-500M
Employees
1.0-5.0K
Richard L. Soloway's photo - President & CEO of Napco Security

President & CEO

Richard L. Soloway

CEO Approval Rating

68/100

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