02-02-2017 13:31 via news.yahoo.com

Fingerprint Cards suffers fresh setback with weak outlook

Former stock market star Fingerprint Cards (FPC) reported earnings below expectations and gave a bleak outlook for the start of the year, dealing further blows to the Swedish biometrics company. FPC said it expected first-quarter revenues to be "materially weaker" than a year ago because of an inventory build-up in the supply chain, a component shortage affecting its customers and growing competition. It stuck to its revenue guidance for the year as a whole but critics questioned whether it coul
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