Financial updates (130)

Displaying 'Financial Updates' tags 26 - 50 of 130 in total

Hikvision Growth Rate and Profits Falling Q4 2015

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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 2015 financial letter (in Chinese) sheds new light on the increasing troubles of the company trying...

By John Honovich - about 5 years ago

Hikvision Announces Weakened Profits

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Hikvision released a special announcement in Chinese, disclosing weakened profits for 2015 amid fierce competition. In this note, we examine what happened with Hikvision, the underlying economic conditions and what this means for the Chinese gove...

By John Honovich - about 5 years ago

Avigilon Bad Financial Results Q3 2015

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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 Schmode era and 3 executive departures (including the SVP of sales and VP of marketing) shows declining...

By John Honovich - over 5 years ago

Axis Q3 2015 Growth Rebounds

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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 video surveillance market leader or is this a blip? In this note, we examine their financial results, ...

By John Honovich - over 5 years ago

Avigilon Weak Profits Continue - Q2 2015

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After spending $39 million buying back their own stock, one would think (or hope) Avigilon would report great earnings. Alas, no. Avigilon's weak profits continue along with lower growth, fostering concerns about the company's long-term prospect...

By John Honovich - over 5 years ago

Axis Financials From Bad To Worse (Q2 2015)

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Things keep getting worse for Axis and now sales are actually shrinking. In this note, we break down: How revenue and profits are sinking Which regions and areas hurt the most What the bright spot for Axis is How Axis is in denial on degrad...

By John Honovich - over 5 years ago

China and Taiwan Manufacturer Financials 2015

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China is the #1 threat to video surveillance providers around the world but how well are Chinese and Taiwan surveillance manufacturers actually doing? This report breaks down the financial performance of notable Chinese and Taiwanese video survei...

By John Honovich - over 5 years ago

Avigilon Growth Down, Expenses Up, Stock Slammed (Q1 2015)

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Avigilon growth rate continues to slow down sharply yet the company's aggressive spending continues. Because of that, the stock market is punishing Avigilon yet. In this note, we break down Avigilon's financial results, look at the causes of Avi...

By John Honovich - almost 6 years ago

Axis Bad Financial Results (Q1 2015)

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In their first financials after Canon has agreed to purchase Axis at a massive premium, Axis delivers more bad results. Inside this note, we break down the results, and what this shows about their future, challenges and the overall state of the v...

By John Honovich - almost 6 years ago

Avigilon 2014 Financials Disappoint Investors

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Hikvision admits their equipment got hacked in a large government deployment - stock down just 7.5% Avigilon announces revenue up 42% - stock down 15% If you are an Avigilon investor, you just cannot win over the last year. In this note, we bre...

By John Honovich - almost 6 years ago

Canon Buys Axis, Owns Axis and Milestone

This is the biggest deal in video surveillance ever. Just 8 months after buying Milestone, Canon is set to buy Axis. Canon has offered $2.8 billion USD for Axis, a ~50% premium over Axis stock price. Axis' 3 main shareholders, holding 39.5% of t...

By John Honovich - about 6 years ago

Axis Bad Financial Results Again (Q4 2014)

Bad results last quarter spurred a debate about Axis performance. Now, Axis has turned in equally bad Q4 2014 results. In this note, we look at: America's weakness and inventory drop Asia's weakness Avigilon and analytics AVHS progress Co...

By John Honovich - about 6 years ago

Weak: Vicon / IQinVision Financials Out

Combined Vicon / IQinVision financials are out for the first time since their combination closed. And the numbers are weak, both top line and on margins.

By John Honovich - about 6 years ago

Avigilon Q3 2014 Growth Rate Down Sharply

The past 6 months have been extremely tough for Avigilon. The company has suffered their CFO exit, surrounding controversy, an earnings miss the next quarter, and a stock price down more than 50% from its peak. Now, their Q3 2014 financial resul...

By John Honovich - over 6 years ago

Anixter Security Rebound and New Chief

3 months ago, Anixter's security struggled significantly with revenue actually declining. Then, this summer, Anixter shook up the industry, acquiring Tri-ed for $420 million. Now, they are bouncing back, at least somewhat. In this note, we exami...

By John Honovich - over 6 years ago

Axis In Denial, Q3 2014 Financial Report Bad

Axis Q3 2014 numbers are bad. But their outlook is still rosy. [Update: And Q4 2014 numbers are just as bad.] The company has struggled to maintain not only their historical growth rate, but the market average growth rate they claim. In this n...

By John Honovich - over 6 years ago

Axis Q2 2014 Growth Up But

Axis' seesaw growth continues. After Axis missed and profits sank in Q1 2014, the second quarter's overall growth numbers improved (20% growth in local currencies). However, the geographical breakout shows this to be an anomaly and downward revise...

By John Honovich - over 6 years ago

Avigilon CFO Out and Q1 2014 Financials Reviewed

Avigilon's revenue increased 74% year over year, powered by foreign exchange rate swings and the inclusion of VideoIQ revenue. Avigilon's CFO exited the day before, the 4th executive gone in 6 months (after marketing, operations and HR), triggeri...

By John Honovich - almost 7 years ago

Axis Misses, Profits Sink (Q1 2014)

Axis failed to meet their own expectations, surprised by a poor end of Q1 2014, causing profits to drop notably and raising questions about why Axis missed. In this note, we examine the financial details, Axis investor's call, and the competitive...

By John Honovich - almost 7 years ago

Avigilon Doubles Revenue, Breaks Billion Valuation (Q3 2013)

Utterly unprecedented for a surveillance company Avigilon's size, Avigilon reported doubling revenue in Q3 2012 over the previous year, doing $51.1 million revenue for the quarter, putting them at a $200+ million annual pace, with their market cap...

By IPVM Team - over 7 years ago

Axis Growth Rebounds Q3 2013

Axis had its best quarter in more than a year, rebounding from recent slow growth, to its old high growth pace. In this note, we examine what drove it and whether they can sustain it. Financials Overview Key details from the report: 27% reven...

By John Honovich - over 7 years ago

Mobotix Growth Rebounds

After its revenue growth flatline over the past year, the latest financials from Mobotix show that company's growth has rebounded moderately. In this note we examine the company's Q3 financial report, released at the end of last month (a more gran...

By Carlton Purvis - over 7 years ago

CNB Company Shakeup

Korean company, CNB, is one of the larger analog manufacturers specializing in OEMing to large Western conglomerates as well as selling their own budget line products. Now, CNB is going through a major shakeup, with a significant change in ownersh...

By John Honovich - over 7 years ago

ObjectVideo Revenue Breakdown

ObjectVideo disclosed its 2012 revenue to be $18.9 million but what does that mean? Where does that 'rank' OV? Where is the revenue coming from? In this note, we examine OV's different business units, exploring their government contracts and analy...

By John Honovich - over 7 years ago

Displaying 'Financial Updates' tags 26 - 50 of 130 in total