corporate updates

Precise Biometrics Focused on Long-Term Growth in Q4/2018 Update

Precise Biometrics Focused on Long-Term Growth in Q4/2018 Update

“Precise Biometrics’ shift to multimodal biometrics, announced last autumn, has been dubbed “YOUNiQ” and will combine face, fingerprint, iris, and voice biometrics together with location data for user authentication…” Precise Biometrics is keeping focused on the future in its latest corporate update. Reporting its fiscal results for the fourth quarter of 2018, the biometric algorithm…

Aware Reports Steady Growth in Q4 Update

Aware Reports Steady Growth in Q4 Update

“…the company attributed the growth mostly to “higher service sales”, with “higher software maintenance sales and lower costs” also playing a role.” Aware, Inc. has posted its results for the quarter ended December 31st, showing steady growth. The company saw revenues of $4.1 million in the quarter, compared to $3.1 million in Q4 of 2017.…

Mobile Sector is Synaptics’ Bread and Butter in Q2 Update

Mobile Sector is Synaptics’ Bread and Butter in Q2 Update

Synaptics has issued its latest quarterly report, showing steady sequential progress. For the quarter ended December 29th, 2018 – Q2, in Synaptics’ fiscal year – the company brought in net revenues of $425.5 million, a decrease of one percent year over year, but an increase of two percent with respect to its Q1 results. In terms…

FacePhi Saw Profit Jump of Over 151 Percent in 2018

FacePhi Saw Profit Jump of Over 151 Percent in 2018

“The figures we have achieved this year show a consolidation of our business position as a benchmark in the field of fintech and biometric technology” – Javier Mira, CEO, FacePhi FacePhi continues to deliver solid results in its latest year-end fiscal update. The company has enjoyed a rising profile in the financial services sector, particularly…

WISeKey’s Preliminary Results Show Solid Growth for 2018 FY

WISeKey’s Preliminary Results Show Solid Growth for 2018 FY

“The company’s ISTANA security certificate solution is expected to play an important role in that growth, particularly in the Germany and China markets, as will monetization of its recently-launched WISeKey Blockchain Platform.” Switzerland-based IoT security solutions provider WISeKey is reporting solid revenues from its initial, unaudited fiscal results for 2018. The company says its Cybersecurity…

OneSpan Sets Date for Q4/Year-End Report

OneSpan Sets Date for Q4/Year-End Report

“…the 2018 overview will cover what has been a very eventful year for the company.” Chicago-based OneSpan will issue its fourth quarter and 2018 fiscal year-end results on February 19th, the company has announced. The results will be released after market close. The results will be discussed in a conference call slated to begin at…

‘More Than Meets the Eye’ Behind ImageWare Q3 Update: CEO

‘More Than Meets the Eye’ Behind ImageWare Q3 Update: CEO

“More was accomplished than meets the eye. We continue to see progress on all fronts, albeit in some cases at a slow rate, and we also continue to see exciting new opportunities where we can improve revenues.” – Jim Miller, Chairman & CEO, ImageWare ImageWare has issued its fiscal update for the third quarter of 2018.…

BIO-key CEO Focuses on Future in Q3 Update

BIO-key CEO Focuses on Future in Q3 Update

“Our outlook for the remainder of 2018 is supported by initiatives we have in place, as well as multimillion dollar software orders we expect to complete imminently.” – Mike DePasquale, CEO, BIO-key BIO-key has issued its fiscal results for the third quarter ended September 30th. The quarter brought in revenues of $739,750, compared to revenues of…

Synaptics on Upswing in Latest Quarterly Report

Synaptics on Upswing in Latest Quarterly Report

Synaptics has issued its results for the quarter ended September 30th, which appear to show the company on an upswing. Net revenues for the quarter came in at $417.6 million, almost even with the $417.4 million in revenues in the same quarter last year, but up seven percent compared to the previous quarter this year.…

Unisys Shows Delivers Strong Q3 Results

Unisys Shows Delivers Strong Q3 Results

“Unisys highlighted four major contracts established during the third quarter in its corporate update, including a deal to provide the US Army with biometric software…” Unisys has issued its Q3 results showing strong growth for the IT solutions provider. Revenues for the quarter came in at $688.3 million, up 3.3 percent year-over-year, and marking the…

IDEX Biometrics Sets Date for Q3 Report

IDEX Biometrics Sets Date for Q3 Report

“The update will detail what has been an eventful quarter with respect to IDEX’s developing biometric cards business.” IDEX Biometrics has set a date for its Q3 report: It will be published on Thursday, November 8th around 7:00am CET. The company’s leadership will also host a live presentation on the results at 9:00am CET in…

Face Scanning iPhones a Big Hit as Apple Reports Record Revenues

Face Scanning iPhones a Big Hit as Apple Reports Record Revenues

“There are also signs that Apple is seeing more of a return on its Apple Pay mobile payments service…” Apple’s face-scanning new iPhones are a big hit, if its latest quarterly update offers any indication: Revenues are up 20 percent, year-over-year. The figure itself for those quarterly revenues is a stunner: $62.9 billion. And while…

ImageWare Delays Q3 Update

ImageWare Delays Q3 Update

“In a statement announcing the rescheduling, ImageWare explained that “the delay is a result of ‘a pending third party derivative liability evaluation, the results of which are not expected to materially alter financial results.’” ImageWare has rescheduled its Q3 update, with the report to be issued after market close on Wednesday, November 14th. The company…

Fingerprint Cards Regains Sales Growth in Q3 Update

Fingerprint Cards Regains Sales Growth in Q3 Update

Fingerprint Cards (or “Fingerprints”) has issued its interim report for the first three quarters of the year, highlighting sequential growth amid continuing difficulties in the highly saturated mobile fingerprint sensor market. For the January – September period, Fingerprints’ revenues came in at SEK 1,110.8 M, a drop of 53 percent compared to the same period…

Jumio Reports 130% Year-Over-Year Sales Growth in Q3 Report

Jumio Reports 130% Year-Over-Year Sales Growth in Q3 Report

Just ahead of next week’s Money20/20 event, Jumio has delivered a corporate update detailing just how successful its Netverify authentication solution has been over the past nine months. The company says that over the first three quarters of 2018, it has seen growth of 130 percent in sales, year-over-year. Its annual recurring revenues, meanwhile, jumped…

Precise Biometrics to Move Beyond Fingerprints in Strategic Shift

Precise Biometrics to Move Beyond Fingerprints in Strategic Shift

“Biometric systems with fingerprints, face, voice, behaviour and iris enables a digital identity that makes it more convenient and secure in the daily life.” Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics is moving beyond fingerprint recognition, announcing that it has embraced a new business strategy focused on multi-modal biometric authentication solutions. In a statement…

BIO-key’s Share Offering Delivers More Capital Than Anticipated

BIO-key’s Share Offering Delivers More Capital Than Anticipated

BIO-key‘s share offering did better than expected, bringing in gross proceeds of $2.1 million. The move was announced last week, with BIO-key putting forward an underwritten offering of 1,200,000 shares of common stock together with warrants to purchase up to 900,000 more. The offering was closed on August 24th, with BIO-key announcing that it had…

BIO-key Expects Share Offering to Bring in $1.8M Gross

BIO-key Expects Share Offering to Bring in $1.8M Gross

BIO-key is looking to raise some capital with a new share sale. The company has announced an underwritten offering of 1,200,000 shares of common stock, together with “warrants to purchase up to an aggregate of 900,000 shares” of common stock at a price of $1.50 per share, according to a statement. The warrants can be…

Precise Biometrics Chairman Charts Rise of Optical, Ultrasonic Sensors, Biometric Cards in Q2 Update

Precise Biometrics Chairman Charts Rise of Optical, Ultrasonic Sensors, Biometric Cards in Q2 Update

“Commenting on the results, Precise Biometrics chairman Torgny Hellström highlighted the rise of optical and under-glass fingerprint sensors in mobile devices, noting that Precise Biometrics’ algorithm software had been used in the recently launched Huawei Honor 10, a market success.” Precise Biometrics has issued its results for the second quarter and the first half of…

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