Company: NSSC
Filing Date: 2025-03-14
Form Type: CORRESP
Source: 0001558370-25-003019
Chunk: 1

Company: NAPCO SECURITY TECHNOLOGIES, INC
Filing Date: 2025-03-14
Form: CORRESP
Chunk 1
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. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. Therefore, the interim condensed consolidated financial statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto included in the Annual Report on Form 10-K for the year ended June 30, 2024 . In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal, recurring nature.

1

Form 8-K, Filed February 3, 2025 Exhibit 99.1 Earnings Release, page 1

| 2. | Refer to reconciliation table of non-GAAP measures of performance and address the following: |

| · | Provide a reconciliation of Adjusted EBITDA per diluted share to the most directly comparable measure of net income per diluted share. Refer to the Staff’s Compliance and Disclosure Interpretations (“C&DIs”) on Non-GAAP Financial Measures, Question 102.05 whereby non-GAAP per share performance measures should be reconciled to GAAP earnings per share. |

Response.The Company acknowledges the Staff’s comment and respectfully advises the Staff that it has considered the Staff’s Compliance and Disclosure Interpretations (“C&DIs”) on Non-GAAP Financial Measures, Question 102.05 and the presentation of per share non-GAAP financial measures. If we continue to include the non-GAAP measure “Adjusted EBITDA per Diluted Share” in future filings the following reconciliation will be presented in such filings. NAPCO SECURITY TECHNOLOGIES, INC. ADJUSTED EBITDA PER DILUTED SHARE RECONCILIATION (Unaudited) (in thousands, except per share data)

| ​                                                                      
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 Numerator:                                                             | ​ 
 ​ 
 ​ | Three Months Ended 
 December 31,       
 2024               
 ​                  |          ​ | ​ | 2023 
 ​    |          ​ | ​ 
 ​ 
 ​ | Six Months Ended 
 December 31,     
 2024             
 ​                |          ​ | ​ | 2023 
 ​    |          ​ |
|:-----------------------------------------------------------------------|:--|:-------------------|-----------:|:--|:-----|-----------:|:--|:-----------------|-----------:|:--|:-----|-----------:|
| Net Income (GAAP)                                                      | ​ | $                  |     10,467 | ​ | $    |