Fingerprint Cards AB provided earnings guidance for the fourth quarter of 2017. The company predicts fourth quarter 2017 earnings to be lower than market expectations, and estimates revenues to decline 62% compared to the same quarter last year to SEK 615.3 million (2016: SEK 1,618.7 million). The company estimates that the operating profit (EBIT) declines to loss of SEK 40.6 million (2016: SEK 520.0 million). Excluding the inventory provision of SEK 58.9 million and a non-recurring item of SEK 28.2 million, the company estimates the operating profit (EBIT) to loss of SEK 9.9 million. The company expects gross margin to decline to 21% (2016: 44%). The company estimates cash flow from operations to negative SEK 1.7 million. Revenues have been impacted by a weak market development and a continued negative price development in capacitive sensors. The company estimates that the Chinese smartphone market has weakened further during the quarter and predicts that the company's revenues will remain weak during the first quarter of 2018.