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

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Gemalto
Countries: World
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