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

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...
Avigilon Weakest Quarter Ever (Q1 2016) on May 11, 2016
Just 2 years ago, Avigilon revenue grew an astounding 74%. Now, that feels like 20 years ago. Avigilon's growth rate continues to fall, while...
Anixter Security Slow Sales Continues Q1 2016 on Apr 27, 2016
Anixter shook things up in 2015, paying $420 million for Tri-Ed. Now, nearly 2 years later, Anixter's slow security sales continue. In this note,...
Axis Q1 2016 Financial Results - Asia Down / Terrorism Up on Apr 14, 2016
Axis Q1 2016 growth was overall solid but with two diverging trends - Asia and terrorism. In this note, we breakdown the results and analyze what...
Hikvision Growth Rate and Profits Falling Q4 2015 on Feb 24, 2016
Many, including us, were surprised by Hikvision's desperate price slashing on the final days of 2015. Now, it makes a lot more sense. Hikvision's...
Hikvision Announces Weakened Profits on Jan 19, 2016
Hikvision released a special announcement in Chinese, disclosing weakened profits for 2015 amid fierce competition. In this note, we examine what...
Avigilon Bad Financial Results Q3 2015 on Nov 04, 2015
Growth hit a record low, with sales expenses continuing to surge yet minimal increases in R&D. The first financials after the death of the...

Most Recent Industry Reports

Genetec Launches Cloud Access Control (Synergis SaaS) on Sep 21, 2017
Genetec's cloud everything expansion continues, with their announcement of Synergis SaaS edition, joining their cloud video offering Stratocast,...
Genetec CEO Warns Against Insider Threats on Sep 21, 2017
With Dahua and Hikvision cybersecurity issues becoming indisputable, a new counter has emerged. Just put them behind a firewall, buy cheap...
Automatic Door Operators For Access Tutorial on Sep 20, 2017
Opening and closing doors might sound simple, but it takes a high-tech piece of door hardware to pull it off. Integrating automatic door operators...
'Clowns' Allege Ubiquiti 'Completely Fraudulent' on Sep 20, 2017
A short seller has alleged Ubiquiti is 'completely fraudulent'. Ubiquiti's CEO has responded calling them 'clowns'. Here is the short...
Avigilon 'Blue' Cloud Entry Examined on Sep 19, 2017
Avigilon is moving to the cloud. The company announced their Avigilon Blue platform, designed to be a web-managed surveillance system, utilizing...
HID Buys Mercury Security on Sep 19, 2017
One of the biggest access control deals in years. Mercury Security, the most widely used access hardware OEM, and partner to 20+ manufacturers,...
Hikvision Backdoor Exploit on Sep 18, 2017
Full disclosure to the Hikvision backdoor has been released, allowing easy exploit of vulnerable Hikvision IP cameras. As the researcher, Monte...
Avigilon Touting 'Made In America' on Sep 18, 2017
Canadian manufacturer Avigilon, who completed a US manufacturing facility in 2015, is now running a marketing campaign touting 'Made In America',...
Cloud Guy Prints Book, Misses Irony on Sep 15, 2017
On-premise security systems are dead. But $75 print books are alive and well. Such are the lessons from Brivo's CEO new book "The Five...

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