Financial updates (127)

Displaying 'Financial Updates' tags 101 - 125 of 127 in total

Infinova's Huge $1.2 Billion IPO Examined

Relatively unknown surveillance manufacturer Infinova announced an IPO valuing the company at $1.2 Billion USD and raising $300 Million USD. This is a huge event. Inside this note, we provide feedback from an interview with Infinova and our commen...

By John Honovich - almost 9 years ago

Milestone 2009/2010 Financial Progress Examined

In this note, we examine Milestone Systems financial progress across 2009 and 2010, including an examination of XProtect Essential adoption - their recently introduced very low cost VMS version. Milestone is regularly cited as one of the largest ...

By John Honovich - almost 9 years ago

3VR Raises $17 Million

In one of the largest VC investments ever for a video recorder/analytics company, 3VR announced a $17 Million investment (see filed SEC Form D). This follows an August 2009 $12 Million investment bringing the total raised to approximately $60 Mill...

By John Honovich - almost 9 years ago

Verint's Revenue Decline Continues Q3 2010

While Verint's overall revenue was flat for Q3 2010 [link no longer available], 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 US...

By John Honovich - almost 9 years ago

Genetec's Financial Performance 2009 Examined

Genetec is well known as one of the largest and technologically advanced VMS systems in the market, having grown from relative obscurity in the beginning of the past decade to a leading choice of large enterprises. The question, though, is how big...

By John Honovich - almost 9 years ago

ADT / Tyco Security Q4 2010 Financial Results

In this note, we examine both ADT's and Tyco Security's financial results for the calendar quarter Q3 / fiscal quarter Q4 2010. For the second quarter, both divisions showed signs of stability and/or growth.  From the Q4 2010 Tyco International r...

By John Honovich - almost 9 years ago

CSST's Slowing 2010 Growth

After multiple years of rapid growth, leading China surveillance provider CSST's growth rate has shrank significantly. When we profiled CSST in 2009, their growth rate had been 50% per year for the previous few years. Now, quarterly 2010 results s...

By John Honovich - almost 9 years ago

Vivotek's Strong 2010 Growth

Taiwan stock exchange financial records show that IP camera manufacturer Vivotek's 2010 year to date (through Sept 2010) revenues are up very strongly, rising from 750 Million NTD to 1.2 Billion NTD for a gain of over 60%. In US dollars, given the...

By John Honovich - almost 9 years ago

Axis Strong Growth Continues in Q3 2010

Axis Communications strong 2010 growth continued in Q3 (July-September) 2010 with sales increasing 29.7% year over year. This is the 4th consecutive quarter of strong growth after declining/poor results in the previous 12 months. Key points from ...

By John Honovich - about 9 years ago

Examining Avigilon's Financial Performance

In this update, we examine megapixel/HD speciliast Avigilon's revenue, growth rate, competitive positioning and future strategic challenges. Starting with 1 employee and $50,000 annual revenue in 2005, Avigilon grew over 33,000% [link no longer av...

By John Honovich - about 9 years ago

Anixter IP Security Sales Remain Solid

With Anixter reporting Q2 2010 financial results [link no longer available], performance in security (and more specifically IP security) remains solid. In their Q2 2010 earnings call transcript, Anixter discloses a number of important details abo...

By John Honovich - about 9 years ago

ADT / Tyco Security Revenue: Still Weak but Signs of Stabilizing

Calendar Q1 2010 financial results for Tyco's security/surveillance business units show continued weakness with potential signs of stabilizing. Note: Tyco's financial quarter is one quarter 'ahead' of the calendar (i.e., this report covers Jan-Mar...

By John Honovich - over 9 years ago

Anixter IP Security Revenue Rebounding Q4 2009

For Q4 2009, Anixter's revenue for their security solutions division [link no longer available] improved from the previous quarter, with 9% year over year revenue growth compared to only 1% year over year growth in Q3 2009. This specific growth me...

By John Honovich - over 9 years ago

Significant Sales Decline Summer 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 public...

By John Honovich - almost 10 years ago

March Networks Revenue Plummets

For calendar Q3 2009, March Network's revenue plummeted 24% year over year. This is significantly higher percentage drop than occurred in calendar Q2 2009.  In March's investor's call presentation [link no longer available], they disclosed that a...

By John Honovich - almost 10 years ago

ADT / Tyco Security Q3 2009 Financial Performance

Tyco International's fiscal Q4 2009 (calender Q3) financial results show continued financial weakness in their system integration and security product business.  ADT Worldwide revenue fell 9% year over year dropping from $1.98 Billion to $1.79 ...

By John Honovich - almost 10 years ago

Anixter's Q3 2009 Financial Results Reviewed

Anixter [link no longer available] is a growing force in the video surveillance market who clearly is benefiting from the transition to IP video. However, Anixter's growth rate has shrunk significantly over the last 9 months. Since Anixter carrie...

By John Honovich - almost 10 years ago

Techwell Q3 2009 Financial Results Examined

Major DVR encoder/component supplier Techwell reported significantly improved financial results for Q3 2009, following a series of very bad quarters. The earnings call transcript provides an extensive discussion by Techwell management on performan...

By John Honovich - almost 10 years ago

Assessing 2009 Financial Performance

In a recent web post, Milestone shares an update on its financial performance [link no longer available] and asserts the value of open platform systems. Milestone says they are on track for 25% growth in 2009 and that "business is picking up in Q...

By John Honovich - almost 10 years ago

Axis Q3 2009 Financial Results Examined

Axis challenges continued in Q3 2009 with the company admitting for the first time the impact of "tougher competition." While Axis emphasized higher sales quarter over quarter (e.g., Q3 vs Q2), the year over year trend (Q3 2009 vs. Q3 2008) shows...

By John Honovich - about 10 years ago

Revenue Drops Significantly

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 statem...

By John Honovich - about 10 years ago

Strong Growth 1st Half 2009

Indigovision revenue surged in the 1st half of 2009 compared to the previous period in 2008, bucking a broader trend of publicly traded IP video companies who saw revenue growth shrink significantly (see Axis and Mobotix's results). Here is a sum...

By John Honovich - about 10 years ago

Q2 2009 Deep Revenue Drop

March Network's revenue shrank by 14% in Q2 2009 compared to a year ago (though their announcement obscures this with a focus on improved profitability through cost cutting). Specifically, the North American market led the drop with a severe cont...

By John Honovich - about 10 years ago

Revenue Growth Shrank Considerably

Mobotix's Q2 2009 revenue compared to Q2 2008 was up only 7%, notably lower than the previous quarter (27%) and dramatically lower than last year (when 40-50% revenue growth was routine). This is covered as part of our analysis of Mobotix's recen...

By John Honovich - about 10 years ago

Q1 09 Financial Results Announced

March Networks released it financial results this week, confirming 2% revenue growth Q1 09 compared to Q1 08. This is consistent with their pre-announcement. More interesting is the release of their analysis and comments on their business [link n...

By John Honovich - over 10 years ago

Displaying 'Financial Updates' tags 101 - 125 of 127 in total