Avigilon Corporation - AVO.t is a leader in the design, manufacturing and marketing of high definition, network-based video surveillance systems and equipment for the global security market.|
The Avigilon high-definition surveillance system has been designed to provide high quality video capture, transmission, recording and playback.
On February 28, 2017 the company released Numbers
Fourth Quarter 2016 Highlights
Record revenue, gross profit*, Adjusted EBITDA*, Adjusted Earnings*, diluted Adjusted EPS*, and cash flow from operations.
Record revenue of $102.2 million, compared with $81.4 million in Q4 2015, resulting from record unit volume, success of H4 camera platform, and contributions from the Avigilon Patent License Program ("Patent License Program"). Avigilon's revenue growth continued to outpace that of the industry.
Record gross profit of $52.1 million, compared with $45.6 million in Q4 2015.
Gross margin percentage* of 51%, in line with management's plan to increase unit volume to drive greater revenue, gross profit, and cash flow from operations.
Record Adjusted EBITDA of $20.8 million, compared with $15.5 million in Q4 2015.
Record Adjusted Earnings of $11.5 million, compared with $9.1 million in Q4 2015.
Record diluted Adjusted EPS of $0.26, compared with $0.21 in Q4 2015.
Record cash flow from operations of $18.8 million, compared with cash used in operations of $8.8 million in Q4 2015.