ActivCard Reports Third Quarter Financial Results

Thursday 30 October 2003 17:39 CET | News

ActivCard has reported financial results for the quarter ended September 30, 2003. ActivCard revenues for the third quarter were $9.0 million, compared to $12.0 million reported in the third quarter of 2002.

Net loss for the quarter, in accordance with U.S. GAAP, was $5.6 million, or $0.14 per diluted share, compared to a net loss of $2.9 million, or $0.07 per diluted share in the third quarter of 2002. Included in our net loss is a charge of $855 thousand, representing 100 percent of U.S. GAAP losses incurred by ASPACE Solutions Limited, a company in which ActivCard acquired a 38% interest during the third quarter.

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Categories: Payments & Commerce | Payments General
Countries: World
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