While Verint's overall revenue was flat for Q3 2010, revenue for its video surveillance division (the 'Video Intelligence Segment') fell 10% year over year. In Q3 2009 video surveillance revenue was nearly $34 Million USD. In Q4 2010, revenue declined to $30.6 Million.
This continues a year long declining revenue streak for Verint's video surveillance division following decreases in both Q1 2010 and Q2 2010.
Verint is one of a number of incumbents with business both in the legacy (and declining) analog segment and growing IP market.
Related Reports on Financial Updates
Hikvision Growth Declines Q3 2018
on Oct 22, 2018
Hikvision's growth continues to decline in 2018 going from:
Q1 - 33%
Q2 - 22%
Q3 - 14.6%
In this note, we examine Hikvision's newest Q3...
Axis Strong Q2 2018 Results
on Aug 20, 2018
Axis reported strong Q2 2018 financial results and, for the first time in many years, Axis grew faster than Hikvision.
However, the company's...
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...
Most Recent Industry Reports
Hikvision Chairman Praises United Front
on Feb 14, 2019
Hikvision’s controlling shareholder held a meeting last month praising the United Front, a Communist Party organization known for its secretive...
Sales Turnover At Anyvision
on Feb 13, 2019
Anyvision raised a $43 million Series A and according to their newest investor:
what you need to do is push the gas pedal and build an...
Cisco Meraki Cloud VMS/Cameras Tested
on Feb 13, 2019
Cisco Meraki says their cameras "bring Meraki magic to the enterprise video security world".
According to Meraki, their magic is their management...
Uniview / UNV Favorability Results 2019
on Feb 12, 2019
Uniview / UNV, the self-proclaimed #3 China manufacturer, while starting late, has been working to make inroads internationally. In IPVM's 2019...