Proprietary Report with Analysis on Gemalto Payments-Related Performance.
Gemalto reports its optimization efforts paid off in the Mobile and Payment & Identity segments during the fourth quarter (4Q/16) resulting in the Company’s gross margin exceeding 40% for the first time in its history and leading to an improvement in both profitability and cash generation.
The Asia region posted the strongest growth.
Total revenue for 2016 came in at €3,127 million, up +1.2% at constant exchange rates and stable at historical exchange rates.
Payment & Identity’s full year revenue came in . . . .