Napco Security Technologies of Amityville reports 2Q loss
Napco Security Technologies Inc., Amityville
Electronic security equipment supplier
Second Quarter: Ended Dec. 31
Net income: Loss of $912,000, compared with profit of $332,000 in the same period last year
Net sales: $16.6 million compared with $19.1 million in the year-ago quarter
Outlook: "We are cautiously optimistic that sales and profitability will begin to improve during the remainder of this fiscal year," chairman and president Richard Soloway said in a news release.
Company statement: "The second quarter of fiscal 2010 was the first complete quarter with [our] Napco and Marks USA operations under one roof. We also saw that at the sales levels, which had shown some improvement at the end of last quarter, did not regress in the current quarter," Soloway said.
Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
