Gemalto released its Q3 trading update, showing revenues of €751m which corresponded to a 0.2% decrease yoy on a reported basis (+3.4% at constant exchange rates).
Payment & Identity came in at €481m, up 3% yoy, while Mobile showed a 5.6% decrease at €269m. Within these two businesses, the biggest down-movers were again Payment (€199m, -17.4%) and SIM (€129m, -15.1%). At the other end of the spectrum, Government Programs (€169m, +55%) and M2M (€88m, +8.6%) displayed strong growth, the former be ....
27 Oct 2017
No profit warning this time, but better days will wait
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No profit warning this time, but better days will wait
Gemalto released its Q3 trading update, showing revenues of €751m which corresponded to a 0.2% decrease yoy on a reported basis (+3.4% at constant exchange rates).
Payment & Identity came in at €481m, up 3% yoy, while Mobile showed a 5.6% decrease at €269m. Within these two businesses, the biggest down-movers were again Payment (€199m, -17.4%) and SIM (€129m, -15.1%). At the other end of the spectrum, Government Programs (€169m, +55%) and M2M (€88m, +8.6%) displayed strong growth, the former be ....