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Wireless

Fingerprint Cards cuts FY revenue forecast, Q1 also affected

Thursday 8 December 2016 | 13:00 CET | News
Swedish biometric technology company Fingerprint Cards has lowered its full-year revenue forecast, after earlier inventory build-up was not followed up. It now expects revenues for 2016 to be in the range of SEK 6.60 billion to SEK 6.80, compared with the prediction given with the third quarter results of SEK 7.20 billion to SEK 7.50 billion. The operating margin forecast for 2016 is unchanged at approximately 40 percent.

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Categories: Mobile & Wireless
Companies: Fingerprint Cards
Countries: Sweden
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