If you purchased Napco securities between February 5, 2024, and February 3, 2025, inclusive, and experienced significant losses, click here. The Truth Revealed: On February 3, 2025, Napco's Q2 fiscal 2025 results exposed the alleged issues. The company reported a sharp decline in hardware sales, blaming major distributors cutting inventory. On February 3, 2025, Napco's Q2 fiscal 2025 results exposed the alleged issues. The company reported a sharp decline in hardware sales, blaming major distributors cutting inventory.