NEXT Biometrics Announces Preliminary Q3 2024 Revenue Update

09 Oct 2024 08:30 CEST

NEXT Biometrics (NEXT), a leading global provider of fingerprint sensor
technology, today announced its preliminary revenue figures for the third
quarter of 2024, reporting approximately NOK 27 million for the period.

Product gross margins in the quarter continued to be strong, and operating
expenses remained stable.

The company anticipates to report a plus/minus zero EBITDA for the quarter.

The Q3 2024 financial report will be presented on November 6, 2024.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For more information, please contact:
Ulf Ritsvall, Chief Executive Officer
ulf.ritsvall@nextbiometrics.com

Eirik Underthun, Chief Financial Officer
eirik.underthun@nextbiometrics.com

About NEXT
NEXT provides advanced fingerprint sensor technology that delivers uncompromised
security and accuracy for the best possible user experience in the payment and
fintech, government ID, access control and office and notebook markets. The
company’s patented NEXT Active Thermal ® principle allows the development of
large, high-quality fingerprint sensors with superior security level. NEXT
Biometrics Group ASA is headquartered in Oslo, with sales, support, and
development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.

More information:
Access the news on Oslo Bors NewsWeb site