Yubico AB (YUBICO.ST) reported that its second quarter net profit dropped to 8.9 million Swedish kronor from last year's 103.6 million kronor. Earnings per share were 0.10 kronor down from 1.17 kronor in the previous year.
Net sales for the quarter decreased by 18.8 percent to 499.1 million kronor from 614.4 million kronor in the previous year. Quarterly net sales were down 11.4 percent in local currencies.
Subscription sales increased by 32.5 percent to 79.2 million kronor from the previous year.
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