No Good News for Vicon: Q2 2010 Results ExaminedBy John Honovich, Published May 10, 2010, 08:00pm EDT
The financial challenges for Vicon continue with Q2 2010 financial results extending Vicon's streak of declining revenue. Net sales decreased 23% [link no longer available] to $11.4 Million for the Q1 2010.
Vicon noted that, "While quoting activity has improved recently, closing business still remains a challenge."
In April, we noted that Vicon's CEO acknowledged in their annual report that the market acceptance of IP was quicker than they expected.
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