Aware, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 09, 2021 at 04:20 pm EST
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Aware, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was USD 3.426 million compared to USD 2.450 million a year ago. Operating loss was USD 1.856 million compared to USD 1.728 million a year ago. Net loss was USD 1.636 million compared to USD 7.478 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.35 a year ago. For the full year, total revenue was USD 11.309 million compared to USD 12.204 million a year ago. Operating loss was USD 9.424 million compared to USD 4.178 million a year ago. Net loss was USD 7.614 million compared to USD 8.340 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.39 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. 
