RTTNews | Nov 2, 2020 08:05AM EST

08:04 Monday, November 2, 2020 (RTTNews.com) - NAPCO Security Technologies Inc. (NSSC) revealed a profit for first quarter that dropped from the same period last year.

The company's earnings came in at $2.32 million, or $0.13 per share. This compares with $3.23 million, or $0.17 per share, in last year's first quarter.

Analysts had expected the company to earn $0.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 11.9% to $23.17 million from $26.29 million last year.

NAPCO Security Technologies Inc. earnings at a glance:

-Earnings (Q1): $2.32 Mln. vs. $3.23 Mln. last year.-EPS (Q1): $0.13 vs. $0.17 last year.-Analysts Estimate: $0.10-Revenue (Q1): $23.17 Mln vs. $26.29 Mln last year.

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