Navigation Links
Aware, Inc. Reports Second Quarter 2011 Financial Results
Date:7/26/2011

BEDFORD, Mass., July 26, 2011 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading supplier of broadband technology and biometrics software, today reported financial results for its second quarter ended June 30, 2011.  

Revenue for the second quarter of 2011 was $5.9 million, an increase of 19% compared to $5.0 million in the same quarter last year. The net loss for the second quarter of 2011 was $267,000, or $0.01 per diluted share. These results compared to a net loss of $148,000, or $0.01 per diluted share, for the same period a year ago.

For the six months ended June 30, 2011, revenue increased 16% to $12.3 million, compared to $10.6 million in the same period a year ago. Net income for the six months ended June 30, 2011 was $323,000, or $0.02 per diluted share. These results compared to a net loss of $126,000, or $0.01 per diluted share, for the same period a year ago.

Additional information regarding second quarter financial results is presented below:

The $267,000 net loss for the three months ended June 30, 2011 included $555,000 of one-time severance costs related to the resignation of our former CEO in April 2011.

Product revenue grew 2% from $3.9 million in the second quarter of 2010 to $4.0 million this quarter. The slight rise in product revenue reflects a $0.4 million increase in test and diagnostics hardware and software revenue that was partially offset by a $0.3 million decrease in biometrics software revenue.

Services revenue grew 298% from $346,000 in the second quarter of 2010 to $1.4 million this quarter. The rise in services revenue was primarily due to increased revenue from biometrics engineering projects.  Our biometrics group had its best services revenue quarter in its history.

Royalties declined 24% from $714,000 in the second quarter of 2010 to $541,000 this quarter. The decrease in royalties
'/>"/>

SOURCE Aware, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related biology news :

1. Aware, Inc. Announces Resignation of Chief Executive Officer
2. Aware, Inc. Reports First Quarter 2011 Financial Results
3. Aware, Inc. Announces Resignation of Chief Executive Officer
4. Aware, Inc. Announces Q4 and FY2010 Earnings Conference Call
5. Aware, Inc. Announces Q4 and FY2010 Earnings Conference Call
6. Aware, Inc. Reports Third Quarter 2010 Financial Results
7. Aware, Inc. Announces Q310 Earnings Conference Call
8. Aware, Inc. Reports Second Quarter 2010 Financial Results
9. Aware, Inc. Joins HIMSS10 Interoperability Showcase to Demonstrate Standards-Based Medical Image Sharing
10. Aware, Inc. Announces Support for New ITU Testing Standard with Line Diagnostics Platform
11. Aware, Inc. Reports Third Quarter 2009 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/17/2014)... 2014 Valencell, a leader in performance biometric ... to industry leaders such as Intel, Jabra, Atlas, and ... wearable products. These products will be showcased at CES ... Vegas . "Our partners choose ... robust – with the clinical data to back it ...
(Date:12/11/2014)... Research and Markets , ... http://www.researchandmarkets.com/research/9ql3kr/biometrics_market ) has announced the addition of the ... to their offering. One major ... of multimodal biometric systems. Multimodal biometric systems utilize ... verification and identification purposes. This helps to reduce ...
(Date:12/10/2014)... Forest Baptist Medical Center today announced plans for a ... Funding for this $50 million capital project is part ... launched next summer. The medical education ... R.J. Reynolds Tobacco Company complex, adjacent to 525@vine in ... plans to be ready to welcome medical students in ...
Breaking Biology News(10 mins):Valencell PerformTek Biometrics Power the Most Accurate Wearables at CES 2015 2Biometrics Market in India 2015-2019: Key Vendors are 3M Cogent, NEC, Safran and Suprema 2Wake Forest Baptist to Build New Medical Education Facility In Wake Forest Innovation Quarter 2Wake Forest Baptist to Build New Medical Education Facility In Wake Forest Innovation Quarter 3Wake Forest Baptist to Build New Medical Education Facility In Wake Forest Innovation Quarter 4
... buildings and monuments may be better protected from decay ... Researchers at the University of Edinburgh have devised a ... stone buildings including statues, monuments and other historic ... development allows conservationists to estimate the likely impact of ...
... By creating a unique system of blood vessels that ... implanted device, the longevity and function of these devices ... by researchers in the University of Louisville/ Jewish Hospital,s ... online on August 23, 2010 in the Journal ...
... studies show that treatments targeting specific viral genes protected ... the animals were protected even when therapeutics were administered ... treating accidental infections in laboratory or hospital settings. ... the journal Nature Medicine , was conducted by ...
Cached Biology News:Study offers historic buildings protection from climate change 2New technology may prolong the life of implanted devices, from pacemakers to chemotherapy ports 2Novel 'antisense' therapies protect primates from lethal Ebola and Marburg viruses 2Novel 'antisense' therapies protect primates from lethal Ebola and Marburg viruses 3
(Date:12/22/2014)... -- GenomeDx Biosciences today announced that a new study ... test for prostate cancer, was able to predict rapid ... prostatectomy without adjuvant therapy. Although rapid metastasis in men ... genomics to identify these men who have a highly ... The study has been published online by the ...
(Date:12/22/2014)... The American Journal of Hematology/Oncology, a ... editorials addressing developments and pathways related to oncological ... article exploring the role of follicle-stimulating hormone (FSH) ... prostate cancer. , The article references seminal ... there could be a connection to prostate cancer ...
(Date:12/22/2014)... 22, 2014 Fertility Associates of Memphis ... Bank USA , a network of more than 20 ... partnership, patients have fast access to a national pool ... IVF . Fertility Associates of Memphis is the only ... treatment option. , Dr. William Kutteh , director ...
(Date:12/19/2014)... MA (PRWEB) December 19, 2014 Charm ... MRLAFMQ test for the Detection of Aflatoxin M1 in ... to receive independent third party validation. The peer reviewed ... Unit of the Institute for Agricultural and Fisheries Research ... Group. , Aflatoxin B1, the most toxic aflatoxin ...
Breaking Biology Technology:Study Published in European Urology Shows that the Decipher Prostate Cancer Classifier is Predictive of Rapid Metastasis in High-Risk Men who have had Prostate Surgery 2Study Published in European Urology Shows that the Decipher Prostate Cancer Classifier is Predictive of Rapid Metastasis in High-Risk Men who have had Prostate Surgery 3Prostate Cancer Experts Dissect the Role of Follicle-stimulating Hormone in the Development, Progression and Potential Treatment of Prostate Cancer 2Prostate Cancer Experts Dissect the Role of Follicle-stimulating Hormone in the Development, Progression and Potential Treatment of Prostate Cancer 3Prostate Cancer Experts Dissect the Role of Follicle-stimulating Hormone in the Development, Progression and Potential Treatment of Prostate Cancer 4Fertility Associates of Memphis Announces Partnership with Donor Egg Bank USA 2Fertility Associates of Memphis Announces Partnership with Donor Egg Bank USA 3Charm Sciences Achieves Independent Validation of First 15 Minute Quantitative Screening Method for Aflatoxin M1 2
... 28 Clarisonic announced today the expansion of its ... with Look Good…Feel Better ®, ... with breast and other cancers manage their treatment and ... program,s free workshops, volunteer beauty professionals teach patients easy ...
... at the University of New South Wales (UNSW) in Sydney, ... to make a quantum computer using silicon: a "single electron ... Quantum computers promise exponential increases in processing speed over ... orientation, of individual electrons to represent data in their calculations. ...
... day recycle part of their own waste heat, using a ... The material is a semiconductor called gallium manganese arsenide. In ... describe the detection of an effect that converts heat into ... a semiconductor. Once developed, the effect could enable integrated ...
Cached Biology Technology:Clarisonic Empowers Cancer Patients to Put Their Best Face Forward 2Clarisonic Empowers Cancer Patients to Put Their Best Face Forward 3Clarisonic Empowers Cancer Patients to Put Their Best Face Forward 4Clarisonic Empowers Cancer Patients to Put Their Best Face Forward 5Single electron reader opens path for quantum computing 2Semiconductor could turn heat into computing power 2Semiconductor could turn heat into computing power 3
Lysozyme C (W-20)...
... BR4i refrigerated multifunction centrifuges are equally capable of ... low sound level with a large range of ... rotor exchange system without tools ensures that the ... Instant rotor exchange (5 sec.) ...
... (5-bromo-4-chloro-3-indoyl-beta-D-galactopyranoside) is a chromogenic ... recombinant plasmids. In the ... IPTG, lac + ... whereas recombinant colonies appear ...
... AcTEV Protease is an enhanced form of ... highly site-specific, highly active, and significantly more ... long-term activity. AcTEV Protease specifically recognizes a ... and Gly), making it useful for removing ...
Biology Products: