IDEX to Issue Interim Update on August 10th

IDEX will issue its half-year report for 2017 on August 10th, the company has announced.

The report will review what has been an eventful first half of the year, with some particularly salient events in the second quarter. April saw the revelation that IDEX technology was being used in Mastercard’s new biometric payment cards, for example, and in June IDEX announced a new, low-power sensor solution for NFC cards.

It’s too early to say what impact such developments have had on the company’s financials, but IDEX was on the upswing in its Q1 report, with higher revenues and lower losses in comparison to a year ago. Since then, it has implemented a share incentive program for staff, suggesting the company has been anticipating growth.

The interim report will be published online at about 8:00 am CET, with IDEX planning to host a presentation on the results stating at 9:00 am CET. The presentation will be hosted by CEO Hemant Mardia and CFO Henrik Knudtzon, and will be streamed online.

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August 9, 2017 – by Alex Perala

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