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.
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...
Most Recent Industry Reports
IPVM Vulnerability Scanner Released
on Jun 18, 2018
IPVM is proud to announce video surveillance's first and only cybersecurity vulnerability scanner. This tool allows quickly and simply...
July 2018 IP Networking Course
on Jun 16, 2018
The last chance to save $50 on registration is this Thursday, June 21st. Register now and save.
This is the only networking course designed...
Security Sales Course Summer 2018
on Jun 14, 2018
Based on member's interest, IPVM is offering a security sales course this summer.
Register Now - IPVM Security Sales Course Summer...