Significant Sales Decline Summer 2009

By: John Honovich, Published on Dec 15, 2009

Vicon's sales continue to fall with summer 2009 sales falling the hardest so far in 2009. In December 2009, Vicon announced their fiscal Q409 (calendar summer 09) results with net sales down 23% compared to 1 year ago. As we examined in our publicly traded video surveillance directory, earlier this year, Vicon's revenue was only trending down 5%-10%.

Vicon joins a diverse group of major manufacturers whose revenue rate continues to fall including March Network's Nov 2009 announcement of a 24% decline and Axis's 11% drop measured in local currency.

While most agree that the global economy is picking up at the end of 2009, many manufacturer results indicate the video surveillance industry is not necessarily following that pattern.

2 reports cite this report:

IP Video Sales Rebound, Analog CCTV Continues to Fall on Mar 17, 2010
An important market shift for the video surveillance market is occurring. In the last 6 months, while IP video sales have rebounded, analog sales...
Vicon Revenue Plummets on Mar 03, 2010
In another bad sign for analog CCTV providers, Vicon's Q4 2009 revenue plummeted, dropping 29% year over year from $15.7M in Q4 2008 down to $11.1...
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