Aware, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 02, 2024 at 04:06 pm EDT
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Aware, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 4.42 million compared to USD 4.31 million a year ago. Net loss was USD 0.982 million compared to USD 1.57 million a year ago.
Basic loss per share from continuing operations was USD 0.05 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.07 a year ago.
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.
AWARE, INC. 
