This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Vicon Reports Second Quarter Results

There has been no change in the status of the patent litigation from that previously reported. “We continue to wait for a decision by the U.S. Patent Office Board of Appeals and Interferences,” said Mr. Darby.

Vicon Industries, Inc. designs, engineers, assembles, and markets a wide range of video and access control systems and system components used for security, surveillance, safety, communication and process control purposes by a broad group of end users worldwide.

This news release contains forward-looking statements that involve risks and uncertainties. Statements that are not historical facts, including statements about the adequacy of reserves, estimated costs, Company intentions, probabilities, beliefs, prospects and strategies and its expectations about expansion into new markets, growth in existing markets, enhanced operating margins or growth in its business, are forward-looking statements that involve risks and uncertainties. Actual results and events may differ significantly from those discussed in the forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements.

Vicon Industries, Inc.
Condensed Statements of Operations
Three Months Ended March 31,

Six Months Ended March 31,

2010 2009 2010 2009
Net sales $ 11,375,000 $ 14,706,000 $ 22,474,000 $ 30,407,000
Gross profit 4,673,000 6,557,000 9,311,000 13,704,000
Selling, general and
administrative expense 4,314,000 4,565,000 8,699,000 9,369,000
Engineering and development
expense 1,386,000 1,373,000 2,742,000 2,900,000
Operating income (loss) (1,026,000 ) 619,000 (2,130,000 ) 1,435,000
Income (loss) before income taxes (971,000 ) 620,000 (2,028,000 ) 1,428,000
Income tax expense (benefit) (281,000 ) 230,000 (641,000 ) 530,000
Net income (loss) $ (690,000 ) $ 390,000 $ (1,387,000 ) $ 898,000

Earnings (loss) per share:

Basic and Diluted $ (.15 ) $ .08 $ (.30 ) $ .19
Shares used in computing

earnings (loss) per share:

Basic 4,533,000 4,619,000 4,561,000 4,648,000
Diluted 4,533,000 4,721,000 4,561,000 4,745,000

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
VII $1.64 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs