- The shares sold off after disappointing hardware sales in Q2, but the worries seem very overdone to us.
- The company’s biggest distributor is running down inventory, as it’s in the process of being acquired.
- This will reverse in the quarters to come. Meanwhile, the rapid rise in recurring revenue continues unabated, as does the associated leverage.
The Sell-Off In Napco Security Technologies Is Overdone
February 7th, 2020 · No Comments