Napco Security Technologies

Steady sales, rising earnings mark Park Electro’s 2Q

  PARK ELECTROCHEMICAL CORP. Headquarters: Melville Industry: Composites manufacturing NYSE: PKE Reporting Date: Oct. 4, 2018 Reporting Quarter: 2Q FY2019 Quarter Ended: Aug. 26, 2018 Numbers: Net quarterly sales were reported as $11.21 million, down 1.3 percent from the $11.35 million reported for the same quarter last fiscal year. Net second-quarter earnings were reported as $1.82 million, up more than 123 percent from the $816,000 reported for 2Q FY2018. Diluted earnings per share for the…


No. 338: Uncle Sam lives, Burt Reynolds dies, another RipTide rises and no Panther goes hungry

That wasn’t so bad: The first post-Summer 2018 workweek is nearly done, dear readers, and the year’s first almost-autumn weekend is upon us. Here’s proof: The New York Football Giants kick off their season Sunday at 1 p.m. against Jacksonville, and the Jets open up Monday night in Detroit. Soon it will be snowing. It’s Greek (and Roman) to us: Today is Sept. 7, and if you had Heracles – the divine hero of Greek…


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…