ADT / Tyco Revenue: Best Quarter in 2 Years

By John Honovich, Published Aug 01, 2010, 08:00pm EDT

After 2 years of sharp decreases, ADT and Tyco Security Products show signs of stability and even growth, according to Q2 2010 Tyco financial results.

As described in Tyco's quaterly results deck, key security metrics include:

  • Overall system installation and service revenue turned slightly positive (compared to an 8% decrease for the prior period)
  • EMEA and North America organic revenue both decreased slightly (2-3%)
  • Asia Pacific and Latin America organic revenure grew by 13%
  • Electronic security product revenue grew 15%, a sharp compared to the 1% decline in the prior period

Contrast these results to Tyco's Q1 2010.

These results are the best sign we have seen yet on the general/broader market's recovery.

1 report cite this report:

Vicon Revenue Decline Decelerating on Aug 10, 2010
Spring 2010 financial results bring relatively good news for Vicon. While the...
Comments : Subscribers only. Login. or Join.
Loading Related Reports