BIO-key International Inc (BKYI) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic ... [Yahoo! Finance]
BIO-key International, Inc. (BKYI)
NASDAQ:AMEX Investor Relations:
bio-key.com/investors
Company Research
Source: Yahoo! Finance
BIO-key International Inc ( NASDAQ:BKYI ) reported an 18% increase in revenues for Q3 2024, driven by higher software license fees and hardware revenue. The company secured a significant $500,000 follow-on order from a leading international defense ministry, indicating strong customer retention and expansion. BIO-key's biometric solutions are being adopted by large-scale enterprises and government customers, enhancing security and reducing transaction times. The company is expanding its presence on the AWS marketplace, increasing visibility and potential customer base. BIO-key is focused on driving revenue growth and progressing towards profitability and positive cash flow in the coming quarters. BIO-key experienced declines in recurring and nonrecurring service revenues, impacting overall revenue growth. The company exited a low-margin civil Secure Services agreement in Europe, which may present short-term revenue headwinds. Operating expenses were reduced, but there w
Show less
Read more
Impact Snapshot
Event Time:
BKYI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BKYI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BKYI alerts
High impacting BIO-key International, Inc. news events
Weekly update
A roundup of the hottest topics
BKYI
News
- Automated Fingerprint Identification System Market to Hit USD 67.55 Billion by 2032 | at a CAGR of 21.24% | Report by SNS Insider [Yahoo! Finance]Yahoo! Finance
- BIO-key Reports Q3'24 Revenue Rose 18% to $2.1M, Reduced Q3'24 Net Loss, and Improved Cash Position; Hosts Investor Call Tomorrow, Fri. Nov. 15th, 10am ET [Yahoo! Finance]Yahoo! Finance
- BIO-key Reports Q3’24 Revenue Rose 18% to $2.1M, Reduced Q3’24 Net Loss, and Improved Cash Position; Hosts Investor Call Tomorrow, Fri. Nov. 15th, 10am ETGlobeNewswire
- BioLargo, Inc. to Present at November 21st Virtual Investor Summit Microcap EventAccesswire
- Identity and Access Management and Biometric Solutions Provider BIO-key Hosts Q3 Investor Call Friday, November 15th at 10am ETGlobeNewswire
BKYI
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form SC
- 11/14/24 - Form 10-Q
- BKYI's page on the SEC website