# Napco Security Technologies Q1 2027 Earnings Miss

> Napco Security Technologies missed Q1 2027 earnings and revenue targets despite management's claims of double-digit growth.
- Title: Napco Security Technologies Q1 2027 Earnings Miss | Shortify
- Summary: Napco Security Technologies missed Q1 2027 earnings and revenue targets despite management's claims of double-digit growth. Napco Security Technologies…
- Keywords: napco security technologies, q1 2027, eps, revenue, stock, net income, recurrent service revenue, equipment revenue, Napco, Security, Technologies, 2027
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/napco-security-technologies-q1-2027-deep-dive-eps-misses-estimates
- Author: AlphaStreet Newsdesk
- Published: 2026-11-02T19:44:20+00:00
- Read time: 1 min
- Topics: napco security technologies, q1 2027, eps, revenue, stock, net income, recurrent service revenue, equipment revenue
## Q1 2027 Earnings Report
Napco Security Technologies reported Q1 2027 EPS of $0.34, missing $0.38 estimates by 10.5%.
## Revenue Misses Expectations
Napco Security Technologies reported revenue of $50.0M, missing $52.1M estimates by 4.0%.
## Stock Reaction
The stock declined 1.6% to $39.35 after the earnings report.
## Net Margin Improvement
Net margin expanded to 26.0% from 24.8% a year ago, a 1.2 percentage point improvement.
## Segment Divergence
Recurring service revenue grew 11.5% to $26.1M, while equipment revenue declined 7.3% to $23.9M.
## Cash Flow Concerns
Operating cash flow of $2.8M represents a conversion rate far below net income of $13.0M.
## What to Watch
Equipment revenue trend will determine if the business model transition succeeds or stalls.
## Key takeaway

Napco Security Technologies reported Q1 2027 EPS of $0.34, missing $0.38 estimates by 10.5% and revenue of $50.0M versus $52.1M estimates.