NAPCO Security Technologies Inc. (NSSC) reported a profit for third quarter that decreased from last year but beat the Street estimates.
The company's earnings came in at $10.12 million, or $0.28 per share. This compares with $13.20 million, or $0.36 per share, last year.
Analysts on average had expected the company to earn $0.27 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 11.5% to $43.61 million from $49.27 million last year.
NAPCO Security Technologies Inc. earnings at a glance (GAAP) :
-Earnings: $10.12 Mln. vs. $13.20 Mln. last year.
-EPS: $0.28 vs. $0.36 last year.
-Revenue: $43.61 Mln vs. $49.27 Mln last year.
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