Aware, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 27, 2020 at 04:16 pm EDT
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Aware, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 2.474 million compared to USD 3.010 million a year ago. Operating loss was USD 2.520 million compared to USD 1.173 million a year ago. Net loss was USD 1.777 million compared to USD 151,000 a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.01 a year ago. For the nine months, total revenue was USD 7.883 million compared to USD 9.754 million a year ago. Operating loss was USD 7.568 million compared to USD 2.400 million a year ago. Net loss was USD 5.978 million compared to USD 861,000 a year ago. Basic loss per share from continuing operations was USD 0.28 compared to USD 0.04 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. 
