Brief: Fingerprint Cards Says Will Continue To Implement Cost Reduction Measures In Q4

Fingerprint Cards AB

31/10/2024 06:12

Oct 31 (Reuters) - Fingerprint Cards AB  FINGb.ST :
    * Q3 GROSS MARGIN EXCLUDING RESEARCH AND DEVELOPMENT
DEPRECIATION
REACHED 38.7% (21.2% IN Q3 2023).
    * WE WILL CONTINUE TO IMPLEMENT COST REDUCTION MEASURES IN
Q4
    * OBJECTIVE IS TO REACH AN ANNUALIZED OPEX RUN-RATE OF LESS
THAN
SEK 70 MILLION BY END OF Q2 2025
    * SYSTEM INTEGRATION WITH SELECT CUSTOMERS WILL BEGIN IN Q1
2025

Source text:  ID:nGNE16STgX 
Further company coverage:  FINGb.ST 

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