Strong Growth Rebound
Published May 19, 2010 00:00 AM
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After a sharp decline in early 2009, Vivotek's revenue over the past 6 months has rebounded strongly.
Comparing Q4 2009 to Q4 2008, revenue increased about 40% from approximately 240 Million NTD to 340 Million NTD (in USD at current exchange rates, that is about $7.5 M USD to $10.63 M USD)
Comparing Q1 2010 to Q1 2009, revenue increased about 45% from approximately 237 Million NTD to 344 Million NTD.
Contrast this to a 25% fall in revenue at the beginning of 2009. This rebound returns Vivotek to the revenue level they had prior to the recession.