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Gemalto Announces 1Q 2013 Results

Revenue up 9 percent at constant exchange rates, growing in all segments

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Gemalto announced its revenue for the first quarter of 2013. First quarter 2013 revenue was €518 million, up from €483 million in the first quarter of 2012. Mobile Communication revenue was €239 million (up 4%), followed by Secure Transactions (€143 million, up 13%). Security was €91 million, up 21%, and Machine-to-Machine sales were €45 million, an increase of 3%. “First quarter growth extends last year’s strong performance,” CEO Olivier Piou said. “The Platforms & Services activity carr...

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