Gemalto: Q2 fall in turnover.
(CercleFinance.com) - On a preliminary basis, Gemalto records a turnover of 742 million euros for the second quarter, representing a 9% drop at a constant exchange rate and an operating income for the first half-year in line with expectations at around 93 million euros.
Following the deterioration of the market prospects for the embedded SIM, the digital security specialist anticipates a non-cash depreciation charge on goodwill of around 420 million euros in the first half of 2017.
In the second half of 2017, Gemalto foresees stable turnover year-on-year and therefore expects an operating income of between 200 and 230 million euros.
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Following the deterioration of the market prospects for the embedded SIM, the digital security specialist anticipates a non-cash depreciation charge on goodwill of around 420 million euros in the first half of 2017.
In the second half of 2017, Gemalto foresees stable turnover year-on-year and therefore expects an operating income of between 200 and 230 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.