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REFILE-BRIEF-Fingerprint Cards expects revenues to fall to SEK 800-840 mln in Q3
September 18, 2017 / 6:08 AM / 3 months ago

REFILE-BRIEF-Fingerprint Cards expects revenues to fall to SEK 800-840 mln in Q3

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Sept 18 (Reuters) - Fingerprint Cards AB says:

* 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 Source text for Eikon: Further company coverage:

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