Vicon Industries (VII) Reports Q4 Loss of $0.05/Share

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Vicon Reports Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2015

December 11, 2015 5:36 PM EST

HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- Vicon Industries, Inc. (NYSE MKT: VII), a global producer of video management systems, today announced its financial results for the fourth quarter ended September 30, 2015.

Eric Fullerton, Vicons CEO said, The Company completed its first fiscal year since its merger with IQinVision on August 29, 2014 and ended the year with improved financial results. The Companys financial results for the quarter were in line with expectations for this historically strong seasonal period. Revenues increased 22% to $12.7 million compared with the prior year period, which included partially combined results.

Revenue... More