Fingerprints Sets Date for Q4 Update

“Fingerprints has continued to see multiple smartphone integrations of its fingerprint sensor technology in recent months.”

Fingerprints Sets Date for Q4 Update

Fingerprint Cards (or “Fingerprints”) has set a date for the publication of its fourth quarter results for 2018. They’ll be published at 07:00 CET on February 15th, with a phone conference and webcast to discuss the results slated to begin at 09:00 CET that same day. The presentation will be conducted by CEO Christian Fredrikson and CFO Per Sundqvist, in English.

One of the biggest suppliers of fingerprint sensors for the mobile sector, Fingerprints saw a precipitous decline in revenues in 2018 as a results of market saturation from competitors and dropping ASPs. But it has also taken strategic maneuvers to stay competitive, with a new CEO crediting aggressive cost savings measures for the company’s return to profitability in its Q3 update.

Fingerprints has continued to see multiple smartphone integrations of its fingerprint sensor technology in recent months. But it has also made important progress in new application areas for its biometric technology, with partnerships in biometric payment cards being an area of particularly strong focus.

The latter likely won’t have produced any positive fiscal results yet; nevertheless, FPC will likely touch on its activities in the area in its next quarterly update as it outlines its fourth quarter and its outlook going forward.

February 8, 2019 – by Alex Perala