IDEX Execs to Present Q2 Update in Person

“…it’s fair to expect that the event will have a strong focus on biometric cards, which have become IDEX’s key focus in recent months.”

IDEX will issue its Q2 update on August 16th, the company has announced. And it’s taking the somewhat unusual move of presenting its results in a live event at the Vika Atrium Conference Centre in Olso, in addition to broadcasting the presentation online.

The presentation will be led by senior management officials including Global Sales and Marketing SVP David Orme, Chief Financial Officer Henrik Knudtzon, and CEO Stan Swearingen, who took the helm from former CEO Hemant Mardia at the start of this past April.

In announcing the schedule for its Q2 presentation, the company offered no details concerning its content. But it’s fair to expect that the event will have a strong focus on biometric cards, which have become IDEX’s key focus in recent months. In July alone, the company announced several key developments in its biometric cards efforts, including important certifications and a deployment in the Middle Eastern region.

More generally, it seems likely that IDEX’s presentation will be forward-looking and upbeat, coming just a couple of weeks after multiple IDEX board members opted into a program allowing them to take remuneration in the form of IDEX shares.

The company says it will issue its H1 report at 7:00 CET on August 16th, with its presentation to begin at 9:00 CET.

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August 13, 2018 – by Alex Perala