Fingerprint Cards Q3: Consensus for Q4 to come down a lot
Research Note
2017-10-26
08:05
FPC today reported sales of SEK 841 million and EBIT of SEK 52 million for the third quarter (expectations from Redeye: SEKm 824 & SEKm 98, and consensus: 822 and 114). Most important, the company had no new explanations for the severe sales drop of -55 percent. The tech trends and uncertainty factors behind the sales drop aside of price pressure was said to be Apple, consolidation and back-mounted fingerprint sensors.
VW
Viktor Westman
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