Extreme CCTV Third Quarter Revenues Increase

Aug. 15, 2007
Night vision surveillance developer shows revenues of $10.4 million

On Monday Extreme CCTV, a manufacturer of night vision surveillance solutions from Vancouver, British Columbia, reported revenues for its third fiscal quarter, and the numbers were much stronger than a year ago.

The company, which is focused on active-infrared technologies, saw Q3 revenues of $10.4 million, which translated to company profits of slightly under $400,000, or about $.02 per share. Revenues were up 76 percent over the same quarter in the previous year.

Extreme CCTV's Jack Gin noted that expenses were up as the company added sales force members and Forwad Vision, but he added that the launch of new Extreme CCTV products Black Diamond and REG X have been very encouraging for the company.