Gemalto released its Q1 trading update, showing revenues of €651m which corresponded to a 6% decrease yoy on a reported basis (-8% at constant exchange rates). Payment & Identity came in at €404m, down 7% yoy, while Mobile showed a 5% decrease at €246m. Within these two businesses, the biggest down movers were Payment (€200m, -14%) and SIM (€118m, -11%), the other units being flattish or in the low single-digit with the exception of Platforms & Services (&euro
28 Apr 2017
Yet another profit warning, massive uncertainties in SIM and Mobile
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Yet another profit warning, massive uncertainties in SIM and Mobile
Gemalto released its Q1 trading update, showing revenues of €651m which corresponded to a 6% decrease yoy on a reported basis (-8% at constant exchange rates). Payment & Identity came in at €404m, down 7% yoy, while Mobile showed a 5% decrease at €246m. Within these two businesses, the biggest down movers were Payment (€200m, -14%) and SIM (€118m, -11%), the other units being flattish or in the low single-digit with the exception of Platforms & Services (&euro