8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 7, 2014

VICON INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

New York	1-7939	11-2160665
(State of Incorporation or	(Commission File Number)	(IRS Employer
Organization)		Identification No.)

131 Heartland Blvd., Edgewood, New York	11717
(Address of Principal Executive Offices)	(Zip Code)

(631) 952-2288

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On February 7, 2014, the Registrant issued a press release announcing its financial results for its quarter ended December 31, 2013. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibits are furnished as part of this report:

Exhibit No.	Description
99.1	Registrant's Press Release dated February 7, 2014

The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: February 10, 2014

VICON INDUSTRIES, INC.

By: /s/ John M. Badke

John M. Badke

Senior Vice President, Finance and

Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Registrant's Press Release dated February 7, 2014

EX-99.1

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

FOR FURTHER INFORMATION:

Investor Relations: Joan Wolf: 631/650-6201

VICON REPORTS FIRST QUARTER RESULTS

HAUPPAUGE, NY, February 7, 2014 - Vicon Industries, Inc. (VII: NYSE-AMEX), a designer and producer of video security and surveillance systems, today reported operating results for the first fiscal quarter ended December 31, 2013.

For the first fiscal quarter of 2014, net sales decreased to $8.1 million, compared with $11.1 million in the year ago period. A net loss was incurred of $1,528,000 ($.34 per share), compared with a net loss of $477,000 ($.11 per share) in the prior year quarter.

The Company said North American sales were off 40% to $5.1 million while Europe, Middle East and Africa climbed 17% to $3.0 million.

In February 2013, the Company announced Chairman and CEO Ken Darby’s decision to retire no later than December 31, 2013 and that a replacement search had begun. In the most recent Annual Report on Form 10-K filed in December 2013, the Company disclosed that it retained a financial advisor to explore strategic options. In view of the advisor’s effort, the CEO search process was suspended and the Board asked Mr. Darby to remain on temporarily in his current capacity.

In the December quarter, the Company incurred $160,000 of strategic initiative expense and $305,000 cumulatively since July 2013.

Vicon develops video management software and also designs, assembles, and markets cameras, network video servers/recorders, encoders and storage medium. Vicon products are used in video system applications principally for security, surveillance, safety and communication purposes by a broad group of end users worldwide.

This news release contains forward-looking statements that involve risks and uncertainties. Statements that are not historical facts, including statements about the adequacy of reserves, estimated costs, Company intentions, probabilities, beliefs, prospects and strategies and its expectations about expansion into new markets, growth in existing markets, enhanced operating margins or growth in its business, are forward-looking statements that involve risks and uncertainties. Actual results and events may differ significantly from those discussed in the forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements.

(Table of Operations Attached)

Table of Operations

Vicon Industries, Inc.

Condensed Statements of Operations

(Unaudited)

	First Quarter Ended
	December 31,
	2013			2012
Net sales	$	8,109,000		$	11,099,000
Gross profit	3,009,000			4,075,000
Selling, general and administrative expense	3,267,000			3,614,000
Engineering and development expense	1,106,000			967,000
Strategic initiative expense	160,000			—
Operating loss	(1,524,000		)	(506,000		)
Loss before income taxes	(1,520,000		)	(469,000		)
Income tax expense	8,000			8,000
Net loss	$	(1,528,000	)	$	(477,000	)
Loss per share:
Basic	$	(.34	)	$	(.11	)
Diluted	$	(.34	)	$	(.11	)
Shares used in computing loss per share:
Basic	4,504,000			4,484,000
Diluted	4,504,000			4,484,000