corporate updates

BIO-key CEO Upbeat Despite Ongoing Trade Tensions in Q2 Update

BIO-key CEO Upbeat Despite Ongoing Trade Tensions in Q2 Update

BIO-key has issued its results for the second quarter of 2019, ended June 30th. The results reflect, to some extent, the impact of ongoing trade tensions between the US and China, alongside ongoing progress in BIO-key’s other business activities. Revenues for the quarter came in at $728,383, a slight decline (2.7 percent) against Q2 revenues…

Aware CEO Emphasizes Knomi Attention in Q2 Update

Aware CEO Emphasizes Knomi Attention in Q2 Update

“… Aware is continuing to invest in the development of its biometric solutions and that the company’s team remains encouraged by market interest in its offerings, particularly Knomi.” Aware Inc. has posted its results for the second quarter, ended June 30th. The biometrics specialist saw revenues of $3 million during the quarter, compared to revenues…

FPC Schedules Q2 Results Presentation for August 15

FPC Schedules Q2 Results Presentation for August 15

Fingerprint Cards has announced that it will be sharing its second quarter results on Thursday, August 15th. In addition to a written report, the fingerprint recognition specialist will detail its performance during a teleconference and a webcast in English at 09:00 CEST. The Swedish company will also be answering questions during that time. While it’s…

IDEX Biometrics to Post Q2 Results on August 15

IDEX Biometrics to Post Q2 Results on August 15

“IDEX says its conference call will be hosted by Chief Executive Officer Stan Swearingen and Chief Financial Officer Derek D’Antilio.” IDEX Biometrics will publish its Q2 results on Thursday, August 15th, the company has announced. The results will arrive alongside a conference call scheduled for 15:00 CET. In announcing the Q2 update schedule, IDEX did…

Nuance Q3 to Arrive on Heels of Important Business Developments

Nuance Q3 to Arrive on Heels of Important Business Developments

Nuance Communications will publish its third quarter results for 2019 on Wednesday, August 7th, the company has announced. The results will be issued after market close, and will come alongside a copy of prepared remarks for shareholders. The results will follow an important corporate development, with Nuance having announced in June that it had established…

IDEMIA to Issue H1 Results on July 30

IDEMIA to Issue H1 Results on July 30

IDEMIA has set a date for the publication of its financial results for the first half of 2019: The update will arrive on Tuesday, July 30th. The publication will arrive that day alongside a presentation on the results hosted by IDEMIA CEO Yann Delabrière and CFO Laurent Lemaire, slated to start at 9:30am ET. The…

BIO-key Brings in Capital with Secured Convertible Note

BIO-key Brings in Capital with Secured Convertible Note

BIO-key has sold a $3.06 million Senior Secured Convertible Note, the company has announced. The Note was sold to Lind Global Macro Fund, with $2.55 million in proceeds at closing. In a statement, BIO-key explained that the capital raised in the transaction will “be used for general working capital purposes, including repayment of outstanding indebtedness.”…

BIO-key Q1 Update Shows US-China Trade War’s Impact

BIO-key Q1 Update Shows US-China Trade War’s Impact

The escalating trade war between the US and China has made an impact on BIO-key‘s bottom line, the company’s CEO says. The comments came via the fingerprint sensor specialist’s Q1 update for 2019, in which the company saw a $289,832 year-over-year drop in revenues, which came in at $551,623, compared to $841,455 in revenues a…

Full-Screen Fingerprint Scanning is Next Phase in Mobile Biometrics: Precise CEO

Full-Screen Fingerprint Scanning is Next Phase in Mobile Biometrics: Precise CEO

“Its new Precise YOUNiQ solution, which combines fingerprint, facial, and behavioral recognition with geodata, is also an area of intensifying focus, with Precise Biometrics aiming for commercialization in 2020.” Full-screen fingerprint scanning could be the next big thing in mobile biometrics, according to comments from Precise Biometrics‘ CEO in the company’s latest quarterly update. “The…

Synaptics’ Q3 Results Show Dip in Mobile, IoT Revenues

Synaptics’ Q3 Results Show Dip in Mobile, IoT Revenues

“Going forward, we have the elements in place to execute towards an overall richer margin mix and the ability to drive even greater momentum across the portfolio.” – Saleel Awsare, SVP and General Manager, IoT Division, Corporate Marketing & Investor Relations, Synaptics Synaptics has posted its results for the third quarter of its fiscal year,…

ImageWare CEO Notes Growing Interest in Biometrics in Q1 Update

ImageWare CEO Notes Growing Interest in Biometrics in Q1 Update

ImageWare has issued its Q1 results for 2019, delivering a status quo net result alongside a spike in revenues. With respect to the latter, ImageWare brought in $931,000 in the quarter, compared to $716,000 in Q1 of 2018 – an increase of 30 percent. Its net loss, meanwhile, was $3.6 million, the same as in…

IDEX Concludes AGM, Emphasizes Biometric Cards Progress in Q1 Update

IDEX Concludes AGM, Emphasizes Biometric Cards Progress in Q1 Update

IDEX has concluded its Annual General Meeting, and issued its results for the first quarter of 2019. The AGM was a successful one, with all resolutions having been made in accordance with the Board’s proposals. That includes an official name change to “IDEX Biometrics ASA”, aimed at offering a better indication of what the company…

Biometric Tech Enhancement, Partnerships Drive Ipsidy Growth in Q1 Update

Biometric Tech Enhancement, Partnerships Drive Ipsidy Growth in Q1 Update

“Our identity platform offers mobile biometric services that work great on their own and even better together,” – Philip Beck, Chairman and CEO, Ipsidy Ipsidy has reported its results for the first quarter of 2019, showing a dramatic year-over-year improvement for the biometric identification specialist. Revenues for the quarter ended March 31st came in at…

RealNetworks’ Q1 Results Show Revenue Growth from SAFR Biometric Facial Recognition Solution

RealNetworks’ Q1 Results Show Revenue Growth from SAFR Biometric Facial Recognition Solution

“While SAFR is key to RealNetworks’ business, a wildcard in the mix is the company’s acquisition of the music streaming service Napster, which contributed $12.3 million in net income to the company’s first quarter result.” RealNetworks has published its Q1 results for the period ended March 31st, showing an upwards trajectory for its SAFR facial…

ImageWare to Issue Q1 Update on May 9

ImageWare to Issue Q1 Update on May 9

ImageWare will file its Q1 fiscal report to the SEC on Thursday, May 9th, and will hold a conference call on the quarter’s results that same day, the company has announced. The call is scheduled for 1:30pm PT, or 4:30pm ET. In announcing the Q1 update, the San Diego-based biometric authentication specialist offered few details…

FacePhi’s Full Year 2018 Update Reflects Biometric Banking Successes

FacePhi’s Full Year 2018 Update Reflects Biometric Banking Successes

“The company gained strong market traction in recent years with its flagship selfie-based mobile authentication solution, and last year dramatically expanded its offerings…” FacePhi closed out its 2018 fiscal year with a turnover of €4.48 million, a 66 percent increase, the company has announced. EBITDA, meanwhile, came in at €1,279,804, compared to €855,929 in 2017,…

ImageWare Raises $5M Through Direct Share Offering

ImageWare Raises $5M Through Direct Share Offering

“In a statement announcing the capital raise, ImageWare said it would use the net proceeds for general corporate purposes.’” ImageWare has raised about $5.0 million through a share offering, the company has announced. It was a direct offering of 4,545,455 shares of common stock that saw subscriptions from institutional investors, at a price of $1.10…

FPC On Solid Footing After Challenging Year, Says CEO in Annual Report

FPC On Solid Footing After Challenging Year, Says CEO in Annual Report

Fingerprint Cards (FPC) has issued its Annual Report for 2018, detailing a difficult year that the company has nevertheless been able to navigate effectively. In his commentary in the report, Fingerprints CEO Christian Fredrikson is upfront about the challenges the company has faced, noting that a 30 percent drop (compared to 2017) in the Average…

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