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Fingerprint Cards AB (FINGb.ST)

FINGb.ST on Stockholm Stock Exchange

31.60SEK
8:56am EDT
Change (% chg)

0.19kr (+0.60%)
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31.41kr
Open
31.52kr
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31.75kr
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31.00kr
Volume
4,798,005
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118.90kr
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28.81kr

Latest Key Developments (Source: Significant Developments)

Fingerprints' touch sensor featured in Qiku's new smartphone
Thursday, 13 Apr 2017 05:00am EDT 

Fingerprint Cards AB : Says Fingerprints' touch sensor featured in Qiku's new smartphone 360 F5 .Says "We're always happy to see new customer devices launched. This product is particularly important as it is the first device based on Spreadtrum platform, with a fingerprint sensor from Fingerprints. Spreadtrum is a major mobile platform supplier, very strong in the low-cost segment", says Ted Hansson, Senior Vice President, Business Line Mobile, at Fingerprints..  Full Article

Fingerprint Cards CEO says expects market share around 50 pct in 2017
Tuesday, 21 Mar 2017 04:20am EDT 

Fingerprint Cards Ab CEO Christian Fredrikson tells telephone conference: Says expects market share around 50 percent in 2017 . Has previously forecast 2017 market share above 50 pct Further company coverage: [FINGb.ST] (Reporting By Olof Swahnberg) ((Olof.Swahnberg@thomsonreuters.com;)).  Full Article

Kotsinas, Nordh, Titov proposed for Fingerprint Cards' board
Tuesday, 21 Mar 2017 04:00am EDT 

Fingerprint Cards AB : Says nomination committee proposes reelection of Jan Wareby, Urban Fagerstedt, Michael Hallen, Asa Hedin, Tomas Mikaelsson, Carl-Johan von Plomgren . Says proposes new election of Alexander Kotsinas, Ann-Sofie Nordh, Dimitrij Titov . Says it is proposed that Jan Wareby be reelected as chairman of board .Says Katarina Bonde and Peter Carlsson have declined reelection.  Full Article

Fingerprint Cards warns on weaker than expected Q1, withdraws dividend proposal
Tuesday, 21 Mar 2017 03:01am EDT 

Fingerprint Cards AB : Fingerprint Cards AB says expects an even weaker Q1 and the short-term challenges to prevail in Q2 . Says cannot confirm its communicated guidance for revenues and profitability for full year 2017 . Says board has now decided to withdraw proposal of 2 SEK per share . Says as a consequence of current short term uncertainty, company has decided to refrain from further guidance for 2017 and board of Fingerprint Cards has decided to withdraw its proposal of dividend for 2016 . Says revised proposal is not to pay dividend for 2016, but to go forward with cancellation of treasure shares . Says due to weakened demand from OEM customers in Q1 and channel inventory build up previously communicated, company now estimates a revenue decline of more than 50 percent for Q1 2017 compared to last year . Says management is also taking necessary actions to adjust investments and to secure efficiency of resources in current situation . Says inventory levels in company's channel have decreased slower than expected, and continue to affect shipment volumes and revenues in current quarter, and are also expected to affect Q2 .Says short-term challenges are expected to continue until Q2 this year.  Full Article

Fingerprint Cards CEO sees inventory situation back to normal level by end of Q1
Tuesday, 28 Feb 2017 04:25am EST 

Fingerprint Cards CEO Christian Fredrikson tells Reuters: Sees inventory situation in supply chain back to normal level at the end of Q1 . Fredrikson one week ago repeated he expected the inventory situation in the industry to be back to normal levels during Q1 [ID:nL8N1G63TE], but says no new information today about inventory level . Says component shortage in some areas, including "some displays", in the smartphone industry but declines to be more specific (Reporting by Olof Swahnberg) ((Olof.Swahnberg@thomsonreuters.com; 08-700 1019; Reuters Messaging: olof.swahnberg.reuters.com@reuters.net)).  Full Article

Fingerprint Cards delivers keyboard fingerprint sensor on BlackBerry
Tuesday, 28 Feb 2017 01:30am EST 

Fingerprint Cards Ab : Fingerprint Cards delivers first-in-the-world fingerprint sensor in a keyboard on BlackBerry KEYone . BlackBerry addition of touch sensor FPC1145 marks world premiere of a fingerprint sensor in the keyboard .Already received as well as expected Fingerprints revenues in 2017 that relate to the sales of the FPC1145 sensor are included in Fingerprints' communicated revenue guidance of 7500-9500 MSEK for 2017.  Full Article

Fingerprint Cards CEO sees 2017 market share above 50 pct
Thursday, 2 Feb 2017 02:01am EST 

Fingerprint Cards CEO Christian Fredrikson tells Reuters: Sees 2017 market share above 50 percent . Sees first sales to 'tier 2' smartphone makers in 2017 Further company coverage: [FINGb.ST] (Reporting By Olof Swahnberg) ((Olof.Swahnberg@thomsonreuters.com;)).  Full Article

Fingerprint Cards sees total market growth of 74 pct/year 2016-2019-pres. material
Thursday, 8 Dec 2016 06:20am EST 

Fingerprint Cards Ab : Sees total addressable market annual growth (CAGR) of 74 percent 2016-2019 - presentation material Link to presentation material: https://corporate.fingerprints.com/wp-content/uploads/2016/12/Fingerprints-Capital-Markets-Day-2016.pdf Further company coverage: [FINGb.ST] ((Olof.Swahnberg@thomsonreuters.com;)).  Full Article

Nasdaq Stockholm: Fingerprint Cards to pay fine corresponding to two annual fees
Friday, 2 Dec 2016 08:30am EST 

Nasdaq Inc : Nasdaq Stockholm orders Fingerprint Cards to pay a fine corresponding to two annual fees .Says Disciplinary Committee has concluded that Fingerprint Cards did not act in compliance with the Rule Book in a number of situations during 2015 and 2016.  Full Article

Fingerprint Cards op profit beats expectations
Friday, 22 Jul 2016 01:01am EDT 

Fingerprint Cards Ab : Q2 operating profit amounted to SEK 709.7 million (65.5) . Says revenue guidance for 2016 has been updated to SEK 7,200 to 8,300 million from previously communicated SEK 7,000-8,500 million . Says revenues in second half of year are expected to grow sequentially in view of strong growth in number of launched smartphones integrating our sensors and in particular in view of Q4's relative share of smartphone market on an annual basis. . Q2 revenues amounted to SEK 1,666.1 million (445.2), . Says as previously communicated, operating margin for 2016 is expected to exceed that achieved in second half of 2015, which was 37 pct. . Q2 gross margin was 49% (36) . Says we are continuing our development work with a view to an initial commercial launch of smartcards during 2016 . Says as market leader, we are very well positioned to be active in all segments of our market . Says ahead of 2016, we estimated that we would grow our share of market for fingerprint sensors from 45 pct in 2015 to 50-70 pct in 2016 . Says our current estimate is that outcome will end up in upper part of this interval . Says we are increasing our market share in line with our previous estimates .Reuters poll: Fingerprints Q2 revenues seen at SEK 1.72 bln, operating profit at SEK 686 mln.  Full Article

More From Around the Web

BRIEF-Velociraptor holds 15.9 pct in Fingerprint Cards - Swedish FSA

* Sunfloro sells all its 6,000 A shares, a filing from the Swedish FSA shows Source text for Eikon: Further company coverage: (Stockholm Newsroom)