August 26, 2015 / 10:29 PM / in 2 years

Gemalto says mobile revenues in second half to be hit by U.S. closure

PARIS (Reuters) - Mobile chip and smart card maker Gemalto said the closure of its U.S. mobile payment service Softcard in the second half would limit its mobile revenue growth as it posted a 33 percent rise in first-half profit from operations.

The shadow of an attendee is cast below a logo of Franco-Dutch technology firm Gemalto during a news conference in Paris February 25, 2015. REUTERS/Gonzalo Fuentes

However, the company said it expected overall another year of double-digit growth in profit from operations and was on track to meet its development plan until 2017.

Reporting by Astrid Wendlandt, editing by David Evans

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