Swedish biometrics firm Fingerprint Cards has reported revenues of SEK 1,491 million (US$184m) , 6 percent below estimates of SEK 1,594 million, for the first quarter. However, officials have said that 2016 revenue guidance is now implicitly a stronger forecast.First-quarter operating profit was 589 million kronor ($73 million) after a loss of 19 million kronor a year earlier, the company said in a statement Thursday.Analysts predicted operating profit of 592 million kronor, the average of four estimates compiled by Bloomberg. Sales jumped to 1.49 billion kronor from 140 million kronor, missing the estimated 1.66 billion kronor.”In view of the growing market and increasing demand from our customers, we are planning for strong growth in the supply of sensors going forward,” Chief Executive Officer Joergen Lantto said in the statement.Share prices initially fell 6.9 percent to 468.2 kronor at 9:45 a.m, but this was quickly reversed and later in the day had rose to over 1.09 percent over the day's starting price.Revenue for 2016 is still expected to total 7 billion kronor to 8.5 billion kronor, while the operating margin should be above 37 percent, Fingerprint Cards said.Also on Thursday, the Huawei Honor 5C was launched featuring Fingerprint Cards' touch fingerprint sensor FPC1025.

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