A profitability study companies in the security industry has found that profits are up 18.5-percent in the most recent quarter. SecurityStockWatch.com’s Profitability Survey polled 100 companies, including physical security companies like Brink’s, Diebold and Ingersoll-Rand, and access control/fraud prevention companies like Identix and Viisage Technology.
Earnings among physical security companies were up 16.9 percent, which the survey said was led by profits at Diebold, among others. However, the only group of companies reporting a loss in the survey was fraud prevention, which includes companies specializing in access control. The survey noted dipping profits at Identix as contribution to the negative revenue.
