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Fingerprint Cards AB (FINGb.ST)

FINGb.ST on Stockholm Stock Exchange

17.59SEK
14 Dec 2017
Change (% chg)

-0.34kr (-1.90%)
Prev Close
17.93kr
Open
17.93kr
Day's High
18.06kr
Day's Low
17.55kr
Volume
3,880,275
Avg. Vol
11,678,408
52-wk High
68.00kr
52-wk Low
16.33kr

Latest Key Developments (Source: Significant Developments)

Fingerprint Cards CEO sees volume growth for fingerprint sensors market around 20 pct in 2018
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Fingerprint Cards CEO Christian Fredrikson at Technology Update::Says expects market volume growth for fingerprint sensors at about 20 percent in 2018.Repeats sees below 750 mln units in mobile in 2017.FPC expects commercial deliveries in 2018 in smartcards, larger volumes in 2019/2020 - presentation material .  Full Article

Fingerprint Cards develops in-display ultrasonic sensing technology
Wednesday, 1 Nov 2017 

STOCKHOLM, Nov 1 (Reuters) - Fingerprint Cards : :* Says has developed an ultrasonic sensing technology with the objective of enabling fingerprints to be captured anywhere on the display of a smartphone or any device.* Says expects to engage with key customers in the first half of 2018 to further develop the technology and to bring it to mass market.* "It is truly innovative and disruptive and allows fingerprint sensing to be done in new ways on many different surfaces. I can see many potential application areas, but our initial focus is of course the use in high-end smartphones," CEO Christian Fredrikson says in a statement.* Says in separate statement the firm's iris solution and touch sensor are both featured in a recently launched smartphone from a leading Japanese manufacturer. This is Fingerprints' first commercial launch with multi modalities.  Full Article

Fingerprint Cards CEO repeats sees long-term gross margin of 40-45 pct
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Fingerprint Cards Ab CEO Christian Fredrikson tells Reuters::Repeats sees long term gross margin at 40-45 percent.Says company's market share below 50 percent, has started to stabilize.  Full Article

BRIEF-Fingerprint Cards expects revenues to fall to SEK 800-840 mln in Q3
Monday, 18 Sep 2017 

Adds missing word in headline, first bullet:Revenues are expected to fall to range of SEK 800-840 million Q3, which is in line with previous quarter.Is currently experiencing a cautious market .Distributors and module houses delivering to the company's OEM-customers have therefore minimized their inventory levels.Estimates that number of shipped sensors from company during Q3 will increase with around 40 percent compared to Q2.Has previously communicated an asp-reduction exceeding 20 percent per annum, but current rate is approximately 30 percent.  Full Article

Fingerprint Cards op profit beats expectations
Friday, 22 Jul 2016 

Fingerprint Cards Ab : Q2 operating profit amounted to SEK 709.7 million (65.5) . Says revenue guidance for 2016 has been updated to SEK 7,200 to 8,300 million from previously communicated SEK 7,000-8,500 million . Says revenues in second half of year are expected to grow sequentially in view of strong growth in number of launched smartphones integrating our sensors and in particular in view of Q4's relative share of smartphone market on an annual basis. . Q2 revenues amounted to SEK 1,666.1 million (445.2), . Says as previously communicated, operating margin for 2016 is expected to exceed that achieved in second half of 2015, which was 37 pct. . Q2 gross margin was 49% (36) . Says we are continuing our development work with a view to an initial commercial launch of smartcards during 2016 . Says as market leader, we are very well positioned to be active in all segments of our market . Says ahead of 2016, we estimated that we would grow our share of market for fingerprint sensors from 45 pct in 2015 to 50-70 pct in 2016 . Says our current estimate is that outcome will end up in upper part of this interval . Says we are increasing our market share in line with our previous estimates .Reuters poll: Fingerprints Q2 revenues seen at SEK 1.72 bln, operating profit at SEK 686 mln.  Full Article

Fingerprint Cards names Christian Fredrikson as new CEO
Thursday, 2 Jun 2016 

Fingerprint Cards AB : Says appoints new CEO . Says has today appointed Christian Fredrikson as new CEO, starting from august 2016. . Says Jörgen Lantto remains in his role as CEO until Christian Fredrikson enter upon his duties .Says Christian Fredrikson is today CEO for Finnish company F-Secure.  Full Article

Fingerprint Cards proposes Jan Wareby as new Chairman
Friday, 22 Apr 2016 

Fingerprint Cards AB:Says Nomination Committee proposes Jan Wareby as Chairman of the Board.Says background to the proposed change of chairman is that Urban Fagerstedt intends to devote more time to matters involving technological development.  Full Article

Fingerprint Cards says its sensor featured in 360 smartphone
Monday, 21 Mar 2016 

Fingerprint Cards AB:Says FPC1035 featured in new brand 360's smartphone model F4.Says already received as well as expected revenues in 2016 that relate to sales of FPC1035 for this smartphone model are included in FPC's communicated revenue guidance of 7-8.5 billion Swedish crowns for 2016.China-based brand 360 is newly established, its phones were previously branded "Qiku". The 360 group owns both the Qiku brand as well as Dazen and has decided to unify the Qiku and Dazen brands under the "360" brand instead.  Full Article

Zwipe and Fingerprint Cards announce partnership
Tuesday, 23 Feb 2016 

Fingerprint Cards AB:Zwipe, A.S. and Fingerprint Cards AB have announced a strategic partnership./Partnership will include joint marketing activities around events and launches of smartcard related products, among others.  Full Article

Fingerprint Cards AB touch sensor in LG smartphone
Monday, 22 Feb 2016 

Fingerprint Cards AB:FPC's touch fingerprint sensor FPC1035 in LG smartphone G5.Already received as well as expected revenues in FY 2016 that relate to sales of FPC1035 for this smartphone model are included in FPC's communicated revenue guidance of 7,000-8,500 million Swedish crowns for FY 2016.  Full Article

BRIEF-Morgan Stanley cuts stake in Fingerprint Cards to 0.48 pct of shares‍​

* Morgan Stanley cuts stake in Fingerprint Cards to 0.48 percent of shares‍​ Further company coverage: (Reporting by Stockholm Newsroom)