Axis Growth Rebounds Strongly (Q2 2012)

Author: John Honovich, Published on Jul 10, 2012

After the last half year of disappointing results, Axis revenue growth rebounded strongly in Q2 2012. However, growth across geographical regions varied sharply and margins were impacted. In this note, we dig into the financial details and analyze important aspects within.

Overview

* *** *** ***** **** ************ ******:

  • ******* ****** *** **% **** **** **** ** ***** ******** terms. **** ** * ***** ******** **** ******* *% ** ** ****. **** ******* **** ** *** ****** ***** ** ******** throughout **** *** **** ** ****.
  • ****** ******* *** *******. ***** *** ******** **** ** **% and **** *** ** **% (** ***** ******** *****), ****** was **** ** **%. ** *** ******** ****, *** ************ were ** *************. ******, ******** ******* ******** *** ******** ******** year **** **** ** *** ******** *******.
  • ** ***** ** *******, **** *** *** ****** ******* **** caused *** **** ****** ******. *** **** ********* ***** *** "the ****** ** *** ********** ************ **** ****** ** *** projects."
  • ***** ******* *********: ***** ******* **** **** ****** * ******, ***** **** 51.2% ** **.*% **** **** ****. **** *****, "********* ***** competition *** ******** ******* ******** *******" ** *** ***** ** this. *******, ******* ******** ******* ****** **** **** ******* ** we ******* *********** *** * ******* ******.
  • *&* *********** ********* ** ********: **** ********* ** ******** ******* ** *&* *** ** now ** ** ****** **** ** $** *******, ****** **** the ******* ** *** *** * ******* ** ***** ******* camera ***********.

America ** ******

******* ** ********* ****** ** *** **** ****** ** ****'* business. **** * *** ***** ***, ****** ********* **** ** Axis ******** ***** *** ******** *** **** **%. ***, *** Americas *** **% ***** ****** *** ****** ** **** **%.

*** ******** *** ***** **** ****** **** ****'* ****** ****** of **-**% ***** ****** *** ****** ******. ***** *** *********** in ******, **** ***** *** ******** *** **** ****.

Increased ***** ** ****

******'* ************, **** ********** ****** ** ****, ******* *** ********* ********** markets **** ** *** ***** ****** ******. ** **** ** interesting ** *** *** **** **** *** ** **** ** Asia ********* ** ********* **** * ******** ** ***** ******** (12%). ******* ********** ** **** ** * ********** ** ****'* revenue *******, **** *** ******** ********** ****** (**% ** *** of ****, **% ***), ******* **** *** ******* *** *** had ***** ******* ********* **** **** ** ***.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Financial Updates

Milestone 2017 Financials Examined on Apr 24, 2018
For ISC West 2018, Milestone released ... their financials, touting "strong revenue growth in 2017". However, there were discrepancies with the...
ADT Hammered Again, Loses Another Billion In Market Cap on Mar 16, 2018
ADT's CEO told investors that, 'in baseball terms', ADT was batting 5 for 5. But investors told ADT's CEO, 'in baseball terms', that he was...
Arlo, Bigger Than Avigilon, More Valuable Than Axis on Feb 08, 2018
Arlo, the wireless IP camera offering that Netgear bought ~5 years ago for a few tens of millions is now doing more revenue than Avigilon and...
Axis Breaks 1 Billion USD Annual Revenue on Jan 26, 2018
Axis Communications annual revenue has exceeded $1 billion for the first time in 2017. In this note, we examine Axis financial performance over...
Sentry360 Bankruptcy on Nov 30, 2017
Sentry360, a US-based video surveillance manufacturer, most well-known for its panoramic cameras, has filed for Chapter 7 bankruptcy. In this...
Axis Q3 2017 Financial Results on Oct 23, 2017
A big issue for Axis this past quarter was their product shortage. Despite that, new Q3 numbers for Axis show solid financial results. In this...
Avigilon Shifts Strategy To Maximizing Profitability (Q4 2016 Results) on Mar 01, 2017
Avigilon had previously been known for big spending, hiring a large sales force and throwing lavish partner parties at tradeshows like ISC West....
Avigilon Stock Surges 40% On Strong Growth (Q3 2016) on Nov 15, 2016
The roller coaster continues. After a brutal Q2 heading down, Avigilon's Q3 growth is strongly up. Inside this note, we examine what powered...
Axis Video Revenue Down (Q3 2016) on Oct 20, 2016
An important milestone. Axis revenue for video products is down year over year. But Axis is now focusing on 'diversification'. In this report, we...
Avigilon Stock Plunges On Bad Financials (Q2 2016) on Aug 16, 2016
Avigilon's stock went down 25% the day after it announced earnings. The stock had already been down by more than 60% from its peak. The market is...

Most Recent Industry Reports

BREAKING: US House Passes Bill Banning Gov Use of Dahua and Hikvision on May 24, 2018
Today, the US House of Representatives has passed H.R. 5515, a bill that includes a ban on the US government's use of Dahua and Hikvision. This...
Hanwha Wisenet X Analytics and VMD Test on May 24, 2018
Continuing our updated testing of camera analytics, we tested Hanwha's Wisenet X analytics for over two weeks in multiple scenes, indoors and out,...
Ambitious Mobile Access Startup: Openpath on May 24, 2018
This team sold their last startup for hundreds of millions of dollars, now they have started Openpath to become a rare access control small...
Amazon's "Dangerous New Face Recognition Technology" Says ACLU on May 23, 2018
The ACLU has caused a stir, with a new report Amazon Teams Up With Law Enforcement to Deploy Dangerous New Face Recognition Technology,...
Software Only VMS vs NVR Appliances on May 23, 2018
Should you buy your own PC/server and load VMS software on it or get a turnkey appliance (both hardware and software, e.g., NVR, Hybrid DVR) from a...
Buy Arecont: Top Bid $10 Million Cash on May 22, 2018
Last year, Arecont had a deal for a purchase price of $170 million (see Failed Arecont China Acquisition). This year, Arecont has a deal for a...
Installing Box Cameras Indoors Tutorial on May 22, 2018
This tutorial starts our physical installation for video surveillance series, starting with Box Cameras, one of the oldest and most basic types....
The Hikvision Smart Classroom Behavior Management System on May 22, 2018
Hikvision's rapidly growing offering of analytics, which we most recently examined with Hikvision's ethnic minority analytics, is now going into...
Dahua Intrusion Analytics And VMD Tested (Poorly) on May 21, 2018
Dahua ships basic analytics on practically all their cameras, ranging from low cost to high end. To see how these analytics work in real world...
Exacq Improving Technical Support, Responding To Integrator Complaints on May 21, 2018
Exacq had been a long-term favorite of integrators, but since their 2014 Tyco acquisition, Exacq has fallen in IPVM integrator studies (though...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact