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,
|Selling, general and|
|Engineering and development|
|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: