Vimicro Int'l (VIMC) Tops Q1 EPS by 5c; Issues Light Q2 Revenue Outlook
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Vimicro Announces Unaudited First-Quarter 2015 Financial Results
June 10, 2015 4:15 AM EDTBEIJING, June 10, 2015 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider in China, today announced financial results for the first quarter ended March 31, 2015.
First-Quarter 2015 Results
Net revenue in the first quarter of 2015 was $19.2 million, as compared to net revenue of $16.4 million in the year-ago quarter and $32.4 million in the fourth quarter of 2014. Surveillance revenues were $16.7 million in the first quarter, representing 86.9% of total net revenues and up 41.3% year over year. Gross profit in the first quarter was $7.7... More
