UPDATE 2-Fingerprint Cards suffers as smartphone users delay upgrades [Reuters]
Synaptics Incorporated (SYNA)
Last synaptics incorporated earnings: 2/6 04:05 pm
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Source: Reuters
Fingerprint Cards suffers as smartphone users delay upgrades | Reuters 3 Min Read STOCKHOLM (Reuters) - Swedish biometrics firm Fingerprint Cards (FPC) plunged to an unexpected fourth quarter loss and warned of a hit to sales this quarter as smartphone users hold onto their handsets for longer. Shares in the company, which competes against China’s Goodix, Synaptics in the United States and Taiwan’s Egis Technology, fell as much as 10 percent in early Friday trading. FPC made its break-through in 2015 as demand for fingerprint sensors in smartphones and tablets soared. But it reported an operating loss of 26 million crowns ($2.7 million) in the last quarter of 2018. The mean forecast in a Reuters survey of three analysts had been for a 7 million crown profit. Sales were down 31 percent. “I expect the situation in the global mobile market to remain challenging, which will have an impact on Fingerprints’ sales performance in the first quarter of 2019,” CEO Christian Fredrikson said in a
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SYNA
News
- Synaptics Astra™ SL-Series Wins Best in Show at Embedded World [Yahoo! Finance]Yahoo! Finance
- Synaptics Astra™ SL-Series Wins Best in Show at Embedded World [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Synaptics Astra™ SL-Series Wins Best in Show at Embedded WorldGlobeNewswire
- Synaptics Introduces Astra Platform For Edge AI [Forbes]Forbes
- Synaptics to Report Third Quarter Fiscal 2024 Results on May 9, 2024GlobeNewswire
SYNA
Earnings
- 2/8/24 - Beat
SYNA
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- 3/7/24 - Form 3
- SYNA's page on the SEC website