Avigilon Posts Strong Q4 Earnings; Net Income Declines
Revenue growth for both Q4 and the full year 2015 reflects increased product sales worldwide, driven in part by penetration of new target regions.
Revenue growth for both Q4 and the full year 2015 reflects increased product sales worldwide, driven in part by penetration of new target regions.
The video surveillance specialist reported quarterly revenue increased 38% year-over-year while net income sagged 19% during the same period.
The new facilities will be located at Avigilon’s offices in Vancouver, Boston and Dallas.
PSA Security Network hosted a forum during its PSA-TEC event to assess the pros and cons of four hot technologies.
SSI provides a list of where security systems integrators can find the top video analytics suppliers at ISC West 2015.
The deal for 96 patents follows Avigilon’s $80M spend for ObjectVideo’s entire patent portfolio last month.
The University of Phoenix arena will deploy 200 Avigilon HD cameras to monitor the stadium during Super Bowl XLIX.
Analysts caution the company is jeopardizing profits, but Alexander Fernandes says the company’s recent spending is necessary.