March Networks Revenue Continues Fall

Author: John Honovich, Published on Mar 02, 2010

In calendar Q4 2009, March Networks revenue continued to fall, though at a slower rate than the previous quarter. This quarter, revenue was down 15% (though more than half of the drop is attributed to exchange rate fluctuations).

Their quarterly call slides provide more details:

  • Fixed systems were down only 8% but mobile was down 33%
  • While Wal-Mart was only 8% of revenue a year ago, they are now 13% of March's revenue.
  • Next quarter, they plan revenue will grow by less than 10% over one year ago (it's obviously unclear how much less it will be)
  • March disclosed that they "experienced year to date revenue growth in the Commercial Industrial market." This is important because this is key to their IP growth strategy/Cieffe acquisition. However, since they do not reveal how significant the growth was, it's hard to determine how well March is doing in this market.

1 report cite this report:

Optelecom-NKF Significant Financial Decline Q4 2009 on Mar 12, 2010
Optelecom-NKF, a specialist in video surveillance systems for traffic monitoring and critical infrastructure security, announced a 21% year over...
Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

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 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...
Best Manufacturer Technical Support 2018 on May 21, 2018
While 5 manufacturers made the worst technical support 2018 list, only 3 stood out as providing the best technical support to 190+ integrators in...
Stealth / UCIT - Remote Video Monitoring Provider Profile on May 18, 2018
Can 2 remote video monitoring companies, Stealth Monitoring from the US and UCIT from Canada combine to impact the market and compete in a changing...
Cybersecurity for IP Video Surveillance Guide on May 18, 2018
Keeping surveillance networks secure can be a daunting task, but there are several methods that can greatly reduce risk, especially when used in...
Forced Entry / Duress Access Tutorial on May 17, 2018
Even though access control normally keeps people safe, tragedies have revealed a significant issue. If users are forced to unlock doors for...
ADT Stock Drops 50% Since IPO on May 17, 2018
It has been a brutal 4 months for ADT. They first expected to IPO at ~$18. They IPOed at $14, dropping immediately to $12.39 And now, not even...

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