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Fingerprint Cards AB (FINGb.ST)

FINGb.ST on Stockholm Stock Exchange

10.22SEK
21 Sep 2018
Change (% chg)

-0.06kr (-0.58%)
Prev Close
10.28kr
Open
10.43kr
Day's High
10.58kr
Day's Low
10.16kr
Volume
10,322,470
Avg. Vol
6,642,625
52-wk High
23.98kr
52-wk Low
5.87kr

Latest Key Developments (Source: Significant Developments)

Fingerprint Cards AGM Resolved That No Dividend Be Paid
Tuesday, 29 May 2018 03:49pm EDT 

May 29 (Reuters) - Fingerprint Cards AB ::AGM RESOLVED THAT NO DIVIDEND BE PAID.  Full Article

Fingerprint Cards proposes Johan Carlstrom as chairman, four board members decline reelection
Thursday, 26 Apr 2018 02:01am EDT 

April 26 (Reuters) - Fingerprint Cards AB ::FINGERPRINT CARDS AB SAYS PROPOSED THAT JOHAN CARLSTRÖM, TED ELVHAGE AND JUAN VALLEJO BE ELECTED AS NEW MEMBERS OF BOARD..FINGERPRINT CARDS AB SAYS IT IS PROPOSED THAT JOHAN CARLSTRÖM BE ELECTED AS CHAIRMAN OF BOARD.JAN WÄREBY, ÅSA HEDIN, CARL-JOHAN VON PLOMGREN AND ANN-SOFIE NORDH HAVE DECLINED REELECTION .  Full Article

Fingerprint Cards says CFO to leave company in June
Tuesday, 20 Mar 2018 03:00am EDT 

March 20 (Reuters) - Fingerprint Cards AB ::REG-FINGERPRINT CARDS AB ANNOUNCES CHANGES IN ITS EXECUTIVE MANAGEMENT.SAYS ‍PERNILLA LINDÉN APPOINTED AS CHIEF FINANCIAL OFFICER (CFO), EFFECTIVE JUNE 7, 2018​.SAYS ‍HASSAN TABRIZI TO LEAVE HIS ROLE AS INTERIM CFO AND FINGERPRINTS' EXECUTIVE MANAGEMENT, EFFECTIVE JUNE 6, 2018​.SAYS ‍HASSAN TABRIZI, LEAVES POSITION AS INTERIM CFO ON HIS OWN INITIATIVE, FOR A NEW ASSIGNMENT OUTSIDE COMPANY​.SAYS ‍JAN JOHANNESSON TO LEAVE HIS ROLE AS SENIOR VP STRATEGY AND CORPORATE DEVELOPMENT AND FINGERPRINTS' EXECUTIVE MANAGEMENT​.  Full Article

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