March Networks released it financial results this week, confirming 2% revenue growth Q1 09 compared to Q1 08. This is consistent with their pre-announcement.
More interesting is the release of their analysis and comments on their business:
- Latin America, Middle East reported to be strong; US, Europe, reported weak (customer delays)
- Wal-Mart accounted for approximately $1.6M revenue this quarter, down from $2.8M a year ago; still 8% of March revenue last quarter but probably only a fraction of Wal-Mart's video surveillance spending
- March will not provide revenue and profitability guidance going forward. This certainly reflects the uncertainty in the market.
All of this noted, I still think the most important element of March's future is how well Cieffe is integrated and utilized.
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...
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...
on Nov 30, 2017
Sentry360, a US-based video surveillance manufacturer, most well-known for its panoramic cameras, has filed for Chapter 7 bankruptcy.
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.
Most Recent Industry Reports
Chinese OEM Avycon Gets ADI Push
on Aug 15, 2018
Who is Avycon?
An American company? A Korean company? A couple of guys relabelling Chinese products? The latter is the best explanation.
Backboxes for Video Surveillance Tutorial
on Aug 15, 2018
Backboxes are a necessity in surveillance, whether for managing cable whips, recessing cameras, adding wireless radios. But it can be confusing to...
ADT Employees Protest ADT CEO
on Aug 10, 2018
So many ADT employees were so upset with ADT's CEO speech reported on by IPVM, that ADT's CEO was forced to send a mass email to employees to...
Axis / Avigilon Legal Battle Rises
on Aug 09, 2018
In what is shaping up to be high-powered, will-not-back-down battle, Axis and Avigilon are squaring off in multiple legal contests.
In 2017, IPVM...