Flexible Electronics News

Gemalto Announces Preliminary First Semester Results, 2017 Outlook Revision

Company’s profit from operations is in line with expectations at approximately €93 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Based on its preliminary first semester results, Gemalto’s revenue for the second quarter of 2017 is €742 million, lower by 9% at constant exchange rates compared to the same period of 2016. For the first semester, the company profit from operations is in line with expectations at approximately €93 million.   Looking ahead, the second quarter double-digit decline for Payment in Americas and SIM business is anticipated to continue for the rest of the year. This decline will be offset by the exp...

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