Axis Q2 2014 Growth Up But

Author: John Honovich, Published on Jul 09, 2014

Axis' seesaw growth continues. After Axis missed and profits sank in Q1 2014, the second quarter's overall growth numbers improved (20% growth in local currencies). However, the geographical breakout shows this to be an anomaly and downward revised market growth rates indicate future challenges.

****' ****** ****** *********. ***** **** ****** *** ******* **** ** ** ****, *** ****** *******'* ******* ****** ******* ******** (20% ****** ** ***** **********). *******, *** ************ ******** ***** this ** ** ** ******* *** ******** ******* ****** ****** rates ******** ****** **********.

[***************]

Americas ***** ****

******** ****** ******* **** ** ******* **** **% ** ** to **** **% ** *** *** *******.

**** ** * ******* *** **** ** *** ******** ******* for *** ******** ** ***** ********. ** **** ****** ** them ********** ** **** ***** ** *** ******** ** *** likes ** ********, *********, *******, ***.

EMEA Huge ****

** ********, **** ******* ** *** *** ******* *** ** **% year **** ****. ***** **** ** ****, **** ************ ** is *** * **** **** **** *** ** ****** ********* unsustainable ** **** *****. *******, ****'* ************* ********** / ********** remain.

Downward ****** ****** *****

*** *** **** *** *****, **** ***** "*** ****-**** ****** rate *** *** ******* ***** ******" ** ** ** ** percent.

***, **** *** ******* **** ********, ****** **** *** ****** reports *** *** ****** **** ** ** ** ** *******.

****, ** ******, ** **** *** ******* *****, *** *** video ************ *** ******* ******* ******** ******* ** **** **** *** *** ******* ******. * ***** ****** ****** ***** ** ******* *** *** participants.

Below ******* ***** ******

***** ****(**:**), **** ************ **** ***** ****** **** *** ***** *** Chinese ******* *** ************ *** **** ******** *************, ***** *** *********.

Price *******

**** ********* **** ****** ******** ******* ****** ******* ***** ***** decline ** *-**% *** ****. **** *** *** ******** **** that. ** ****, **** ** ********** ***** **** ***** ****** than ***** *******.

Axis ******** ** ********* ****

**** *** ********** ***** '****** ******' **** ********** ********* **** best ** ***** *** ****** ** **** *** '**** ********** components' rather **** *** * ********. *******, ** ************ **** *** small *******, *** ** *** ********* *** ********** *** ***** that **** *** **** **** **** ***** **** ****** *********, AVHS, ***.

New ******** *** **** ***

*******, **** ********* ** *** ******* ******** ********* ***** ********** in * ************ ******.

**** ****, *********** ***** **** *** ******* ******* *** **** targeted ** *** **** *** (*.*.,*****,** ******,* ******, ***.).

****** **** ****** ******* ******** ***** **** ** *** *** of *** *** ******, *** ***** ******** ** ***** ******* competitors **** ** ***** *** **** ** *** *** ***-** HD *******, ******** **** **** ********* ** ********* *** ****** / *** *** *********, ***** **** **** *** ***** ** continue ** ****** ******** ** *** ***** ****** ***** / mass ****** ******** **** **** ********** ********* *** * *** growth **** *** ****.

Axis ** ********* *********

*** ****, ***:**** ** **** / **** **** ****** ******* ** **** **********.

Comments (7)

*** ****** **** ******** **** ********* ****** ** ** ************ is **. * **** **** ** **** ********* ***** ** these ************ **** *** *** **** ******* ** *** **** pace. * ****** **** *********** ***** **** **** ******* *** distributor.

** ** ****, **** **** **** ********* ****** ** ** distributors ********. * ** *** **** ** **** ** **** a ***** ** *** ****.

**** ***** ***** **** **** ** * ******* **** ** it ***** **** ************ *** ******* ***** ****** ***** ************. [Update: ***** ****, **** ********* **** ******** ****** **** *** *** **** this ******** ** ******** ****.]

* ***'* ****. ***** ********* ****** ******** *** **** ********* so ***, ** **** **** *** **** * ******** ** really *** * **** ***** ** **** ** *********.

***, ****' ***** ***** ****** ****** **% *** *** *** (July *, ****). * ** * ****** ********* ** * ***'* *** what ************* ******* *** *** ****** ** ***** ******* (*.*., it's ** **** **** ***** **** **** **** *********** *******).

***** *** ******* ****** **** *** *********** **** *********** **** markets, **** ** **** ***** ** *** *** ********* *** Chinese ******?

*** **** **** ******* *****?

**'* * **** ******** *** **** *** ******** ** **** feedback **** ** *** ******* ******** *** * **** **** week.

** * *** ** ***** ******, **** ** ********* **** high *** ******** ****** ***** ***** ******** / ***** ******* sets **** **** *** ****** ** *** **** **** ***. I **** ** **** ** ******* **** **** *** ******* for ***** ******* ** *****.

***, **** **** * **** ** ***** ** * ** 10 ***** *** *********** ** *******, ********** ************ ** ***** ************ ************* *******.

**** *** *********/****** ****: "******* ** *** ******** *******, ******* ********** ****** .... no ****** ****** **** *** ***********."

**** ** ******** *******, *********** ***********/********* * *** **** *** **** (*** ******* *** * former **** *******).

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

Buy From B&H, Ship Direct From ADI on Oct 16, 2017
B&H, one of the largest online sellers of video surveillance equipment to end users, regularly purchases their video surveillance equipment...
Competing Against Siemens on Oct 16, 2017
Siemens entered the integration business with 15,000+ customers, through their acquisition of Security Technologies Group in 2001. Since that time,...
Geovision GV-EDR2100 Tested Vs Hikvision on Oct 16, 2017
A number of ADI's top selling IP cameras are, at least surprisingly to us, from Geovision. We recently bought and tested the Geovision EDR2100...
Top Problems Searching Surveillance Video (Statistics) on Oct 13, 2017
When crimes, accidents or incidents happen, the video surveillance system is a key component in finding out and proving what actually...
Exacq M Series Low Cost NVR Tested on Oct 12, 2017
With recent cyber security issues hitting NVRs and cameras from low cost leaders Dahua and Hikvision, users are increasingly seeking alternatives...
Long Time Industry Exec Leads New Security Franchise Offering on Oct 12, 2017
John Nemerofsky previously built and sold a $150 million dollar integration business, and then was VP of Niscayah from its spinout of Securitas,...
PoE Powered Access Control Tutorial on Oct 12, 2017
Powering access control with Power over Ethernet, like for IP cameras, has become increasingly common.  However, the demands for access power are...
Knightscope Rockets To $20 Million Funding on Oct 11, 2017
Knightscope is celebrating. 15 months after running over a child and 3 months after a Knightscope robot drowned, Knightscope is having the last...
Avigilon / Canon New Lawsuits, No Settlement on Oct 11, 2017
In July, Canon sued Avigilon, a notably rare move amongst major players in the industry, including Canon's subsidiaries Axis and Milestone. At...
Surveillance Systems Remote Access Usage Statistics on Oct 11, 2017
Remote access is a major benefit and risk for video surveillance. It is a benefit because it allows users to manage security or review...

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