Gemalto posts Q3 results

Source: Gemalto

Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announced its revenue for the third quarter of 2011.

Olivier Piou, Chief Executive Officer, commented: "Gemalto recorded another quarter of solid revenue expansion. The Secure Transactions business continued to perform particularly well. In Mobile Communication, software and services were very active and we currently have more than twenty LTE and NFC mobile contactless projects in preparation for commercial deployment. As a result, Gemalto confirms its financial objectives for 2011. In the longer run, the US market has started this quarter to send strong signs of future migration to EMV. This further reinforces our strategic positioning and long-term growth prospects." 

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