Napco reports recurring monthly revenue (RMR) grew 68 percent compared to the same quarter a year ago. During an earnings call this week, the company said RMR is approaching 10 percent of its total sales.
Rodney Bosch
Although Bosch’s name is quite familiar to those in the security industry, his previous experience has been in daily newspaper journalism. Rodney Bosch is an editor for CE Pro sister publication Security Sales & Integration. Bosch is a graduate of California State University, Fresno with a degree in Mass Communication & Journalism. In 2007, he successfully completed the National Burglar and Fire Alarm Association’s National Training School coursework to become a Certified Level I Alarm Technician.
Rodney Bosch's Latest Posts
Hacked Security Cameras, DVRs Cause Massive DDoS Internet Attacks
Distributed denial-of-service (DDoS) attacks carried out by hackers using as many as one million Chinese-made security cameras and other video surveillance products, according to Level 3 Communications.
NAPCO Reports Positive Q4 and Fiscal Year 2016 Results
During an earnings conference call, NAPCO Chairman, President and CEO Richard Soloway reported record sales for the fiscal year at $82.5 million.
Alarm.com Sees Significant SaaS and License Revenue Growth in Q2 2016
Alarm.com revenue rose 24 percent to $64.4 million from last year, beating Wall Street’s projections of $58.6 million.
ADT Partners With Chubb to Offer Security Services to Personal Insurance Customers
Affluent Chubb customers may be eligible for a 10% discount on the installation of an ADT security system with the new ADT Custom Home Services offering.
Nortek Reports Positive Net Income, Decrease in A/V Sales in Q1 2016
Security and control solutions saw a net sales increase of 14.4%, residential and commercial HVAC saw a net sales increase of 10.3%, and AV and control solutions saw a net sales decrease of 17.8%.
Alarm.com Reports SaaS, License Revenue Increase 25% in Q1 2016
Strong first quarter results show an increase in total revenue of 28% to $59 million for the quarter compared to $46 million for the same period in 2015. Net income was $2.7 million for the quarter.
Security Industry Speaks Out on Apollo’s Bold Move to Acquire ADT
Hear from experts and stakeholders across the financial, M&A, integration and consultant fields on what Apollo’s possible $7 billion acquisition of ADT will mean for the industry.
