Aware Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Aware, Inc. (AWRE)
US:NASDAQ Investor Relations:
ir.aware.com/investor-relations
Company Research
Source: Yahoo! Finance
BURLINGTON, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometric solutions, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Operational Highlights Total revenue increased 3% year-over-year to $4.4 million. Recurring revenue increased 3% year-over-year to $3.1 million (or 71% of total revenue), underscoring the Company's continued drive to secure and expand its recurring revenue base. Operating expenses decreased $0.5 million, or 8% year-over-year, to $5.7 million, highlighting the Company's ongoing cost optimization efforts. Management anticipates that recently implemented cost-reduction measures will further reduce the Company's operating expenses. Expanded the use of Aware's technology with a major federal government agency to
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News
- Aware's Newly Appointed Chief Product Officer to Lead Biometric Deepfake Discussions at Identity Week Europe 2024 [Yahoo! Finance]Yahoo! Finance
- Aware’s Newly Appointed Chief Product Officer to Lead Biometric Deepfake Discussions at Identity Week Europe 2024GlobeNewswire
- Aware Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Internet of Behavior Market Growth Forecast: Surpassing USD 3,658.25 Billion by 2033 at 23.2% CAGR [Yahoo! Finance]Yahoo! Finance
- Aware Sets First Quarter 2024 Webcast for Thursday, May 2, 2024 at 5:00 p.m. Eastern Time [Yahoo! Finance]Yahoo! Finance
AWRE
Sec Filings
- 6/11/24 - Form 8-K
- 6/3/24 - Form 4
- 6/3/24 - Form 4
- AWRE's page on the SEC website