Napco Security Technologies, Inc. (NASDAQ:NSSC) Q2 2024 Earnings Conference Call February 5, 2024 11:00 AM ET
Company Participants
Francis Okoniewski - Vice President, Investor Relations
Richard Soloway - President and Chief Executive Officer
Kevin Buchel - Executive Vice President and Chief Financial Officer
Conference Call Participants
Chad Bennett - Craig-Hallum
Jaeson Schmidt - Lake Street
Jim Ricchiuti - Needham & Co.
Matt Pfau - William Blair
Raj Sharma - B. Riley
Operator
Good morning, ladies and gentlemen, and welcome to the NAPCO Security Technologies Fiscal Second Quarter of 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Monday, February 5, 2024.
I would now like to turn the conference over to Francis Okoniewski, Vice President, Investor Relations. Please go ahead.
Francis Okoniewski
Thank you, Jillie, and good morning, everyone. My name is Fran Okoniewski, Vice President, Investor Relations for NAPCO Security Technologies. I just want to thank you all for joining us today on our conference call to discuss our financial results for our fiscal second quarter 2024.
By now, all of you should have had the opportunity to review our earnings press release discussing the results of our quarter. If not, a copy of the release is available in the Investor Relations section of our website, www.napcosecurity.com.
On the call today are Richard Soloway, our President and Chief Executive Officer of NAPCO Security Technologies, and Kevin Buchel, our Executive Vice President and CFO.
Before we begin, let me take a moment to read the forward-looking statements as this presentation contains forward-looking statements that are based on current expectations, estimates, forecasts, and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to growth drivers of the company's business, such as school security products, recurring revenue services, potential market opportunities, the benefits of our recurring revenue products to customers and dealers, our ability to control expenses and costs, and expected annual run rate for software-as-a-service recurring monthly revenue.
Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, such risk factors described in our SEC filings, including our annual report on Form 10-K. Other unknown or unpredictable factors for underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements.