Revenue Drops Significantly

Author: John Honovich, Published on Sep 02, 2009

Top 10 IP camera manufacturer Vivotek's revenue dropped significantly in the 1st half of 2009 compared to the 1st half of 2008. These results are provided in Vivotek's H1 financial update (only available in Chinese but Page 6 has the income statement).

In the first half of 2008, revenue was approximately $20 M USD. By contrast, in the first half of 2009, revenue was only about $14.5 M USD. This is a 25% drop in revenue.

** ** *-****, ******* *****, "*** **** ****** ** *** big ***** **** **** *** ** *** *** ********. *** VIVOTEK ***** ***** ** *******."

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Financial Updates

Avigilon Stock Surges 40% On Strong Growth (Q3 2016) on Nov 15, 2016
The roller coaster continues. After a brutal Q2 heading down, Avigilon's Q3 growth is strongly up. Inside this note, we examine what powered...
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...
Avigilon Stock Plunges On Bad Financials (Q2 2016) on Aug 16, 2016
Avigilon's stock went down 25% the day after it announced earnings. The stock had already been down by more than 60% from its peak. The market is...
Avigilon Weakest Quarter Ever (Q1 2016) on May 11, 2016
Just 2 years ago, Avigilon revenue grew an astounding 74%. Now, that feels like 20 years ago. Avigilon's growth rate continues to fall, while...
Anixter Security Slow Sales Continues Q1 2016 on Apr 27, 2016
Anixter shook things up in 2015, paying $420 million for Tri-Ed. Now, nearly 2 years later, Anixter's slow security sales continue. In this note,...
Axis Q1 2016 Financial Results - Asia Down / Terrorism Up on Apr 14, 2016
Axis Q1 2016 growth was overall solid but with two diverging trends - Asia and terrorism. In this note, we breakdown the results and analyze what...
Hikvision Growth Rate and Profits Falling Q4 2015 on Feb 24, 2016
Many, including us, were surprised by Hikvision's desperate price slashing on the final days of 2015. Now, it makes a lot more sense. Hikvision's...
Hikvision Announces Weakened Profits on Jan 19, 2016
Hikvision released a special announcement in Chinese, disclosing weakened profits for 2015 amid fierce competition. In this note, we examine what...
Avigilon Bad Financial Results Q3 2015 on Nov 04, 2015
Growth hit a record low, with sales expenses continuing to surge yet minimal increases in R&D. The first financials after the death of the...
Axis Q3 2015 Growth Rebounds on Oct 15, 2015
After an extremely bad Q2, where true sales actually declined, Axis has bounced back in Q3. Is this the beginning of a comeback for the former...

Most Recent Industry Reports

Geovision Launches Direct Cloud Offering on Jan 18, 2017
Add cloud, subtract integrator. Geovision has launched myGVcloud, an offering that allows consumers to buy cameras and cloud services directly...
Anixter / Bosch Sells Direct to Amazon on Jan 18, 2017
Anixter regularly says they do not sell direct to end users or that they do not do it anymore. However, over the past year, Anixter has sold Bosch...
Smart Power Tools For Security Installs on Jan 18, 2017
Installing a smart camera? Perhaps you should use a 'smart' drill. The intelligent appliance / IoT trend has hit power tools. In this note, we...
Canon 250MP Prototype Targeted At Surveillance on Jan 17, 2017
At one point Axis declared the megapixel race was over, but now parent company Canon is showing an imager that would be a rocket ship in a...
Cut in Half, Everfocus Shifts Strategies on Jan 17, 2017
The race to the bottom impact continues. Now, Everfocus, who used to be one of the larger budget providers, is shifting strategies after years of...
Top ISC West 2017 Booth Trends on Jan 16, 2017
There are significant moves among many major manufacturers on the ISC West show floor, and very few prime spaces left unoccupied. In this report we...
Genetec Favorability Results on Jan 16, 2017
In the race to the bottom and flight to 'solutions', Genetec has taken a contrary path. The company remains independent, focusing up market,...
Free VMS Software Directory on Jan 13, 2017
Many Video Management Software (VMS) providers offer free versions, either open source, for a limited number of cameras or for a limited amount of...
Milestone Essential Subscription Removed on Jan 12, 2017
Subscriptions may be the future for Milestone and VMSes but not right now. Responding to negative feedback, Milestone has removed subscriptions...
Alarm Reporting Formats Overview on Jan 12, 2017
Alarm reporting formats are methods for communicating complicated information quickly, using plain old telephone service. It is still the main...

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