0
Wireless

Gemalto posts 3% revenue growth in Q4

Friday 3 March 2017 | 12:47 CET | News
Gemalto reported revenue of EUR 878 million in the fourth quarter, up 3 percent year-on-year, compared to a drop of 1 percent in the previous quarter (at constant exchange rates). Growth in Gemalto's leading business line, Payment & Identity, progressed to 8 percent (+1% in Q3), driven by a better performance in Government Programs. While remaining in the red, the Mobile segment also posted an improved result (-2% from -5% in Q3), helped by a slower decline in SIM sales. Looking at revenues by region, growth in Asia and EMEA (+18% and 4% respectively) offset a drop in the American operations

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless / Mobile & Wireless
Companies: Gemalto
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Gemalto closes acquisition of 3M's Identity Management ops

Published 02 May 2017 09:19 CET | World
Gemalto closed the acquisition of 3M's Identity Management Business after receiving the approval by the relevant regulatory and ...

Gemalto opens banking card personalisation centre in UAE

Published 01 May 2017 10:56 CET | United Arab Emirates
Gemalto has opened a banking card personalisation centre in Dubai, UAE, bringing the benefits of highly responsive, locally based ...

Gemalto announces transition plan as Q1 revenues drop 6%

Published 28 Apr 2017 11:11 CET | World
Gemalto announced that it has put in place a transition plan aimed at adjusting its Payment operations and Mobile business to ...

Gemalto lowers financial guidance on weak US business

Published 22 Mar 2017 10:28 CET | World
Gemalto has lowered its outlook for first-quarter revenue and full-year profit due to weaker than expected Payment business ...

Lichte omzetstijging Gemalto in Q4

Published 06 Mar 2017 09:00 CET | World
Gemalto heeft over het vierde kwartaal van 2016 een omzet gerealiseerd van 878 miljoen euro, een stijging van 3 procent op ...

Gemalto buys 3M's Identity Management ops for USD 850 mln

Published 09 Dec 2016 09:11 CET | United States
Gemalto has agreed to acquire 3M's Identity Management Business for USD 850 million, financed with cash and existing credit ...

Gemalto CEO sees sales growth picking up from Q4

Published 08 Nov 2016 15:47 CET | World
Gemalto's sales growth should accelerate as soon as this quarter and business prospects are good for the longer-term, CEO ...

Gemalto lowers 2017 profit target, posts 1% Q3 revenue drop

Published 31 Oct 2016 09:33 CET | World
Gemalto lowered its target for 2017 operating profit, with a revised guidance in the range of EUR 500-520 million. In March 2015, ...