Vicon Achieves Best Quarter in Years

Author: John Honovich, Published on Feb 04, 2011

After a long stretch of sharp revenue declines, in Q4 2010, Vicon recorded its best financial results in years. Compared to Q4 2009, revenue was up 6%. While this is modest growth overall, this is much better than the past few years where year over year revenue declines of 15% - 25% were common (e.g., Vicon revenue plummeted in Q4 2009).

Q4 2010 edged up to $11.7 Million USD putting the company on pace for $45 - $50 Million USD annual revenue. However, this remains far off their peak revenue of nearly $70 Million in 2007.

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