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Fingerprint Cards AB (FINGb.ST)

FINGb.ST on Stockholm Stock Exchange

9.69SEK
20 Feb 2018
Change (% chg)

-0.07kr (-0.76%)
Prev Close
9.77kr
Open
9.77kr
Day's High
9.87kr
Day's Low
9.62kr
Volume
3,060,940
Avg. Vol
9,649,816
52-wk High
54.60kr
52-wk Low
9.57kr

Latest Key Developments (Source: Significant Developments)

Fingerprint Cards reports Q4 earnings in line with profit warning ​
Friday, 9 Feb 2018 01:00am EST 

Feb 9 (Reuters) - Fingerprint Cards Ab ::Q4 - ‍REVENUES TOTALED SEK 615.3 M (1,618.7)​.Q4 ‍OPERATING RESULT OF A LOSS OF SEK 40.6 M​.Q4 ‍GROSS MARGIN WAS 21 PERCENT (44)​.SAYS IN TERMS OF VALUE, WE EXPECT THE MARKET FOR FINGERPRINT SENSORS FOR SMARTPHONES TO DECLINE IN 2018​.SAYS ‍WE ARE CONTINUING TO MOVE FOCAL POINT OF OUR INVESTMENTS TOWARDS NEW BIOMETRIC MARKETS, WITH AIM THAT NEW AREAS WILL ACCOUNT FOR ABOUT 10 PERCENT OF SALES DURING 2018​.FINGERPRINT CARDS SAYS THE REDUCED ASP (“AVERAGE SELLING PRICE”) FOR SENSORS HAD A SIGNIFICANT IMPACT ON REVENUES. THE LOWER ASP, WHICH AMOUNTED TO SOME 30 PERCENT AT AN ANNUAL RATE FOR 2017,.FINGERPRINT CARDS SAYS THE COMPANY INTENDS TO ADJUST THE FINANCIAL TARGETS TO THE CHANGED CONDITIONS AND COMMUNICATE REVISED TARGETS DURING THE SECOND QUARTER 2018..THE BOARD PROPOSES TO THE ANNUAL GENERAL MEETING THAT NO DIVIDEND BE PAID FOR THE 2017 FISCAL YEAR .  Full Article

Fingerprint Cards CEO sees volume growth for fingerprint sensors market around 20 pct in 2018
Wednesday, 1 Nov 2017 09:00am EDT 

Nov 1 (Reuters) - Fingerprint Cards CEO Christian Fredrikson at Technology Update::Says expects market volume growth for fingerprint sensors at about 20 percent in 2018.Repeats sees below 750 mln units in mobile in 2017.FPC expects commercial deliveries in 2018 in smartcards, larger volumes in 2019/2020 - presentation material .  Full Article

Fingerprint Cards develops in-display ultrasonic sensing technology
Wednesday, 1 Nov 2017 03:00am EDT 

STOCKHOLM, Nov 1 (Reuters) - Fingerprint Cards : :* Says has developed an ultrasonic sensing technology with the objective of enabling fingerprints to be captured anywhere on the display of a smartphone or any device.* Says expects to engage with key customers in the first half of 2018 to further develop the technology and to bring it to mass market.* "It is truly innovative and disruptive and allows fingerprint sensing to be done in new ways on many different surfaces. I can see many potential application areas, but our initial focus is of course the use in high-end smartphones," CEO Christian Fredrikson says in a statement.* Says in separate statement the firm's iris solution and touch sensor are both featured in a recently launched smartphone from a leading Japanese manufacturer. This is Fingerprints' first commercial launch with multi modalities.  Full Article

Fingerprint Cards CEO repeats sees long-term gross margin of 40-45 pct
Thursday, 26 Oct 2017 03:07am EDT 

Oct 26 (Reuters) - Fingerprint Cards Ab CEO Christian Fredrikson tells Reuters::Repeats sees long term gross margin at 40-45 percent.Says company's market share below 50 percent, has started to stabilize.  Full Article

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

BRIEF-Fingerprint Cards reports Q4 earnings in line with profit warning ​

* SAYS IN TERMS OF VALUE, WE EXPECT THE MARKET FOR FINGERPRINT SENSORS FOR SMARTPHONES TO DECLINE IN 2018​