Q2 2010 Video Revenue Down Modestly

Author: John Honovich, Published on Sep 08, 2010

Verint's Q2 2010 financial results disclose their Video Intelligence division (i.e., video surveillance) results -- a 9% revenue decline compared to Q1 2009.

Q2 2009 Video Intelligence revenue was approximately $41 Million USD while Q2 2010 corresponding revenue was approximately $37 Million. Verint cites the cause as "due to the product delivery of an order from a major customer in the three months ended July 31, 2009 partially offset by an increase in revenue from other customers."

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