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Fingerprint Cards AB (FINGb.ST)

FINGb.ST on Stockholm Stock Exchange

21.75SEK
20 Oct 2017
Change (% chg)

-0.16kr (-0.73%)
Prev Close
21.91kr
Open
22.00kr
Day's High
22.20kr
Day's Low
21.75kr
Volume
7,490,274
Avg. Vol
10,693,531
52-wk High
93.20kr
52-wk Low
21.34kr

Latest Key Developments (Source: Significant Developments)

Fingerprint Cards CEO says still sees market share around 50 percent 2017
Friday, 21 Jul 2017 02:54am EDT 

July 21 (Reuters) - Fingerprint Cards CEO Christian Fredrikson tells Reuters::Repeats sees ASP (Average Selling Price) decline this year over 20 percent.Says still sees market share around 50 percent in 2017.  Full Article

Fingerprint Cards Q2 operating profit below forecasts, inventory levels normalized
Friday, 21 Jul 2017 01:00am EDT 

July 21 (Reuters) - Fingerprint Cards :Fingerprint cards Q2 operating profit amounted to SEK 72.0 m.Fingerprint cards Q2 revenues amounted to SEK 823.4 m (1,666.1), down 51% compared with Q2 of 2016.Fingerprint cards Q2 - normalized inventory levels.Fingerprint cards Q2 - towards end of quarter, inventory levels in value chain normalized as anticipated.Fingerprint cards Q2 - as a result, our own inventories declined and all of our major customers ordered sensors from us.Fingerprint Cards says market shares began to gradually rise again during the quarter.Reuters poll: Fingerprint Q2 revenues seen at SEK 859 million, operating profit at SEK 155 million.Cash flow from operating activities was SEK 528.0 m (530.4).  Full Article

Fingerprint Cards starts collaboration with Arrow Electronics
Wednesday, 31 May 2017 07:30am EDT 

May 31 (Reuters) - Fingerprint Cards AB :Says strengthens its position through collaboration with new distributor Arrow Electronics.Says the collaboration with Hong Kong-based Arrow Electronics will strengthen Fingerprints' position, and help the company develop additional channels into new markets and application areas.Says previously, Fingerprints has collaborations with 15 distributors, of which the majority are based in Asia.  Full Article

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

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Fingerprint Cards hit by falling smartphone sensor prices

STOCKHOLM Smartphone component maker Fingerprint Cards (FPC) warned revenue would be far below market estimates in the third quarter as the industry switches to cheaper user-recognition technology, sending its shares tumbling 22 percent.