Vicon Industries, Inc. (AMEX:VII) has released the fourth quarter earnings for the period ended September 30, 2009. The company’s fourth quarter net sales were $15.3 million, 23% down from the $19.9 million earned during the same period of the previous year. It’s net income totaled $645,000, or $0.14 per diluted share, versus the $1.8 million, or $0.36 per diluted share for the same period during the previous year.
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The fiscal 2009 net sales were $60.4 million, 10% down from the previously recorded $66.9 million for the prior fiscal year. The company’s fiscal net income was $2.0 million, or $0.43 per dilute share, versus the prior fiscal year’s net income of $2.8 million, or $0.57 per diluted share. The full financial report may be obtained on the company’s website, http://www.vicon-cctv.com/.
Vicon Industries, Inc. designs, manufactures, assembles and markets a range of video systems and system components used for security, surveillance, safety and control purposes by a group of end users. The Company's primary business focus is the design of digital video systems and components that it produces and sells worldwide, primarily to installing dealers, system integrators, government entities and distributors. Vicon Industries, Inc.'s product line consists of various elements of a video system, including network video encoders, decoders, servers and related video management software, analog and Internet protocol cameras, digital recorders, display units (monitors), matrix switchers, robotic camera dome systems and system controls. The Company sells its products in Europe, Scandinavia and the Middle East through its European-based subsidiaries, Vicon Industries Limited and Videotronic Infosystems GmbH.
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