NEXT Biometrics reports positive gross margin for January 2018, sets date for Q4 update

NEXT Biometrics has reported that the company recorded a positive gross margin for January 2018.

This was the company’s first month with gross profit and according to the statement, a confirmation that NEXT is on track to deliver on its previously communicated goal of generating a positive gross margin in the first quarter of 2018.

The company says implementation of the company’s new ASIC and further improved yields have contributed to a steady improvement in margins.

Capital Markets Day

NEXT Biometrics will be holding a Capital Markets Day and Q4 earnings review on Thursday March 1, 2018 in Oslo. It will be available as a live feed and as a recording on the company website.

The agenda includes a technology overview and roadmap, a look at key products and markets, an overview of biometric smart cards and an executive team Q&A with Ritu Favre, Knut Stålen, Matias Troccoli and Radek Mataysek.

Article Topics

biometrics  |  financial results  |  fingerprint sensors  |  Next Biometrics