Napco Security Technologies

Broadridge, Chembio shine, Applied DNA stumbles

  APPLED DNA Sciences Headquarters: Stony Brook Industry: Biotechnology Nasdaq: APDN Reporting Date: Aug. 13, 2018 Reporting Quarter: 3Q FY2018 Quarter Ended: June 30, 2018 Numbers: Reported third-quarter revenues were an even $1 million, down 44.4 percent from the $1.8 million reported for the same quarter last fiscal year. Total quarterly operating expenses were $3.6 million, down 14.2 percent from the $4.2 million reported for 3Q FY2017, but the company still posted a net loss…


No. 309: Gandalf grays, Northwell walks, Islip eyes the CFA and why they’re lining up to fund Envisagenics

Oh, you SO earned it: Congratulations, dear reader – you’ve completed another busy week in socioeconomic innovation, and not just any week, but the week leading up to a long holiday weekend and the unofficial start of summer. Well done. It’s May 25 out there, and still shaking from last night’s premier of “Solo: A Star Wars Story” (really good, not great), we’d like to wish you a very happy Geek Pride Day. Doppler on…


No. 279: A new flu review, taking the fight to tuberculosis and why your fish might really like a cold beer

Welcome to Wednesday: And over the hump we go, dear readers, with another week of Long Island innovation and socioeconomic progress in full swing. It was 179 years ago today, on Feb. 7, 1839, when U.S. Senator Henry Clay of Kentucky – warned that a speech would offend abolitionists and pro-slavery factions alike, and could cost him the presidential election – told Congress, “I had rather be right than be president.” The nose knows: Walt…


No. 256: Historic places, earning potential, winning students and will.i.am doing customer service

Good day, comrades: Take a bow this Nov. 8, dear readers, if you were around 100 years ago today, when Lenin, Trotsky and Stalin took over following Russia’s October Revolution of 1917. (Just, you know … bow carefully.) Welcome new readers Ted, Joseph, Diane and Daniel, and please share your thoughts at editor@innovateli.com. Story tips, corrections and back-pats gratefully accepted. Shed no tiers for them: Heartfelt congratulations to our friends at Uniondale law firm Farrell…


Napco Security locks up another winning quarter

The hot streak continues for Napco Security Technologies, which rode an 80 percent leap in net income to set a new first-quarter revenue record. Reporting Monday on the first three months of its 2017 fiscal year, the Amityville-based provider of high-tech security solutions noted $20.2 million in earnings, marking an 11 percent increase over revenues reported for 1Q FY2016 and setting a new first-quarter high-water mark. The impressive haul also marked the sixth straight quarter…