IDEX Schedules ‘Capital Markets Day’ with Q3 Update for Nov. 2

“…IDEX has shown a strong sense of optimism about its prospects, particularly with respect to the company’s biometric smart card efforts.”

IDEX is planning to host a ‘Capital Markets Day’ on November 2nd, 2017.IDEX Schedules 'Capital Markets Day' with Q3 Update for Nov. 2 The event will take place in London, with members of IDEX’s executive team slated to be on hand to deliver presentations on the company’s technologies and outlook, and to demo IDEX products, and to meet with interested investors and journalists.

The ‘Capital Markets Day’ echoes an investor-focused event held last year by fellow fingerprint sensor specialist Fingerprint Cards after a period of substantial growth, and IDEX says its event will occur in conjunction with the release of its own Q3 earnings update. That suggests IDEX is expecting positive results after its first half update for 2017 showed slowing growth from Q1.

In any case, IDEX has shown a strong sense of optimism about its prospects, particularly with respect to the company’s biometric smart card efforts. In its first half update, IDEX indicated that it expects several customers to sign on when its smart card sensor goes into sampling in the latter half of the year, and at a recent presentation to investors at the DNB Nordic Telecom, Media and Technology Conference, CFO Henrik Knudtzon said this area offers “billion unit potential”.

IDEX says registrants for its upcoming Capital Markets Day can expect more detailed information about the event in the coming weeks, and that it also plans to host “an investor update” in Oslo on November 9th, according to a statement from the company.

September 27, 2017 – by Alex Perala