Aware, Inc. Reiterates Revenue Guidance for the Full Year Ending December 31, 2023
November 01, 2023 at 04:00 pm EDT
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Aware, Inc. reiterated revenue guidance for the full year ending December 31, 2023. Based on results for the first nine months of 2023, and line of sight into the fourth quarter ending December 31, 2023, the company reiterates its full-year guidance for total revenue and annual recurring revenue (ARR) growth of 15% and to exit the year.
Aware, Inc. is a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics. Its software offerings address the growing challenges that governments and commercial enterprises face in knowing, authenticating, and securing individuals through secure user experiences. Its algorithms are based on diverse data sets from around the world and can be tailored to the unique security and requirements of each customer. Its portfolio enables government agencies and commercial entities to enroll, identify, authenticate, and enable using biometrics, which comprise physiological characteristics, such as fingerprints, faces, irises and voices. Its portfolio of biometric solutions is based on advanced, robust products designed explicitly for ease of integration, including customer-managed and integration ready biometric frameworks, platforms, software development kits (SDKs) and services.