GOTHENBURG, Sweden, October 8, 2015 /PRNewswire/ --
According to preliminary estimates the revenues for Fingerprint Cards (FPC) during third quarter 2015 amounted to around 960 MSEK. This exceeds the earlier communicated revenue guidance of around 860 MSEK that was communicated 20 August 2015.
Considering a further strengthened delivery capacity and a continued growing demand for the company's products, the revenues for the fourth quarter 2015 is estimated to be higher than during the third quarter. The revenue guidance for 2015 is therefore raised from around 2500 MSEK to more than 2500 MSEK.
The complete quarterly earnings report will, as previously communicated, be published on November 5. This will include an updated revenue guidance for the fourth quarter 2015.
Moreover, the company has received a number of large orders during the latter part of the third quarter, which has resulted in an order backlog of more than 1700 MSEK as of September 30, 2015. The order backlog relates to delivery of the company's sensors during fourth quarter 2015 and first quarter 2016.
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) is a high tech and listed company which develops, produces and markets biometric technology that through the analysis and matching of an individual's unique fingerprint verify the person's identity. A secure and convenient user experience is thus made possible, beyond keys and pins. The FPC technology offers world class advantages and include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and in combination with low production costs the technology may be implemented in large volume products as smartphones, tablets and biometric cards where these demands are extremely high. FPC's technology have user cases from a number of applications.
Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on October 8, 2015, at 8:00 a.m.
Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer, or invitation to acquire or subscribe for new securities in Fingerprint Cards in any jurisdiction.
For more information, please contact:
Jörgen Lantto, President and CEO Fingerprint Cards AB (publ), +46-(0)31-60-78-20, email@example.com
SOURCE Fingerprint Cards