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Wireless

Gemalto meets FY targets, posts 3% revenue growth in Q4

Thursday 14 February 2019 | 10:09 CET | News
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Gemalto met its annual financial targets for 2018, as its profitability improved in the second half of the year. Full-year profit from operations rose 7 percent to reach EUR 332 million, with the second half of the year accounting for 72 percent of the total. Full-year revenues increased to EUR 2.97 billion (+3% at constant at exchange rates), as double-digit growth in the Identity, IoT & Cybersecurity segment more than offset declining revenues in the smartcard business.

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Categories: Mobile & Wireless
Companies: Gemalto
Countries: World
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