High Expectations for Next Thursday’s FPC Q3 Report

Fingerprint Cards (FPC) will announce its Q3 fiscal results next Thursday, the company has announced. CEO Jörgen Lantto and CFO Johan Wilsby will host a conference call that same day at 9pm UTC.

The conference should bring good news. Earlier this month, FPC issued a preliminary Q3 report in which it indicated that earnings were higher than anticipated, bumping up its revenues from the previously predicted 860 MSEK to 960 MSEK. That news came in the wake of booming Q2 profits, indicating a clear upwards trend for the company.

FPC has now become perhaps the dominant fingerprint sensor supplier to Asia-region OEMs, and it has also shown signs of expansion to American and European markets. Smartphone makers are increasingly looking to integrate biometric technologies into their devices, particularly as new mPayment systems incorporate biometric authentication, and FPC appears to be riding that wave, with a backlog of orders extending into Q4.

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October 27, 2015 – by Alex Perala

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