Navigation Links
Aware, Inc. Reports Second Quarter 2012 Financial Results
Date:7/26/2012

BEDFORD, Mass., July 26, 2012 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading supplier of biometrics software and DSL service assurance products, today reported financial results for its second quarter ended June 30, 2012. 

Revenue for the second quarter of 2012 was $5.3 million, a decrease of 10% compared to $5.9 million in the same quarter last year. Income from operations in the second quarter of 2012 was $369,000 compared to a loss of $283,000 for the same period a year ago.

Net income for the second quarter of 2012 was $54.9 million, or $2.49 per diluted share. These results compared to a net loss of $267,000, or $0.01 per diluted share, for the same period a year ago.  Net income in the second quarter of 2012 included a net gain of $71.2 million from the sale of patent assets.

For the six months ended June 30, 2012, revenue decreased 10% to $11.1 million, compared to $12.3 million in the same period a year ago. Income from operations for the first six months of 2012 was $1.4 million compared to $290,000 for the same period a year ago.

Net income for the six months ended June 30, 2012 was $56.0 million, or $2.60 per diluted share. These results compared to net income of $323,000, or $0.02 per diluted share, for the same period a year ago. Year-to-date net income in 2012 also included the aforementioned $71.2 million net gain from the sale of patent assets.  

Additional information regarding the gain on sale of patent assets is presented below:

As we previously disclosed, we completed a significant sale of patents for $75 million on June 21, 2012.  The net gain after transaction costs was $71.2 million. We were able to use a significant portion of our deferred tax assets to reduce income taxes on the gain. Our income tax liability on year-to-date earnings, including the gain on the sale of patent assets,
'/>"/>

SOURCE Aware, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related biology news :

1. Aware, Inc. Reports First Quarter 2012 Financial Results
2. GEN reports on growth of tissue engineering revenues
3. BGI reports the completed sequence of foxtail millet genome
4. Radiologists study necessity of additional imaging recommendations in PET/CT oncologic reports
5. NOAA plankton surveys, second longest in the North Atlantic, add to new global effort
6. U-M forecasters predict second-smallest Gulf of Mexico dead zone
7. Second Middle East & Africa Osteoporosis Meeting to take place in Jordan
8. Second-generation drug used for hypertension aids heart function independent of blood pressure
9. BioLife Solutions Announces 7th Consecutive Quarter of Record Revenue
10. One-quarter of grouper species being fished to extinction
11. Study examines autism law, financial burdens
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2015)... 2015 Increasing adoption ... advancement to drive biometric systems market in ... According to a recently released TechSci ... ", biometric systems market in Saudi ... at CAGR of over 22% through 2020. The ...
(Date:4/13/2015)... 13, 2015 According to ... Biometrics Market Forecast & Opportunities, 2020", the global biometrics ... around 14% till 2020. The biometrics market is ... implementation and review of biometric management systems. The ... products with greater efficiency, are resulting in increasing ...
(Date:4/9/2015)... April 9, 2015 Synaptics Inc. (NASDAQ: SYNA ... today that it will report financial results for the ... 2015, after the close of market. The company will ... at 2:00 p.m. PT (5:00 p.m. ET), during which ... participate on the live call, analysts and investors should ...
Breaking Biology News(10 mins):Saudi Arabia Biometric Systems Market to Grow at 22% Through 2020, Says TechSci Research 2Saudi Arabia Biometric Systems Market to Grow at 22% Through 2020, Says TechSci Research 3Global Biometrics Market to Cross US$ 21 Billion by 2020: TechSci Research 2Synaptics to Report Third Quarter Results on April 23 2
... chairman of Singapore A*STAR,s Biomedical Research Council, has received ... cancer research through his discovery of p53 tumour suppressor ... one of the highest accolades from the Royal Society ... endeavour have made an impact on people,s lives worldwide. ...
... ionising radiation with ever better methods sci-entists have ... age. In addition to natural radiation, mankind is exposed ... result from the military and technical use of radioactive ... medical applications, it is necessary to determine even the ...
... Sept. 16, 2008 Researchers at UT ... improve electrical stimulation of nerves by outfitting electrodes ... coating of basic black, formed from carbon nanotubes. ... and transmitted by electrodes, which researchers say is ...
Cached Biology News:Radioactivity: Discover the lowest amounts with new methods 2Radioactivity: Discover the lowest amounts with new methods 3Coating improves electrical stimulation therapy used for Parkinson's, depression, chronic pain 2
(Date:5/6/2015)... , May 6, 2015  Shenzhen ... – Beike Biotechnology, the world,s largest stem ... derived mesenchymal stem cell packets containing no less ... new product could significantly reduce the time and ... in the case of degenerative conditions such ...
(Date:5/6/2015)... 2015  Northwest Biotherapeutics (NASDAQ: NWBO) ("NW Bio"), a U.S. ... cancers, today announced that Linda Powers , NW Bio CEO, ... vaccine platform for solid tumor cancers and the Company,s multiple ...   , , , DATE: , , , ... , , , 12:15 PM EDT , , , ...
(Date:5/6/2015)... Dr Jaspreet Singh , Senior Research Officer from ... the 2015 Asian Starch Conference, to be held ... , As an honored ... Starch: A Potential Source for the Creation of Next ... a 528 page text book entitled "Advances in Potato ...
(Date:5/5/2015)... 5, 2015 Roka Bioscience, Inc. (NASDAQ: ROKA ... solutions for the detection of foodborne pathogens,  today announced that ... of America Merrill Lynch 2015 Health Care Conference on May ... Encore at the Wynn, Las Vegas NV. ... will be available through the investor relations section of Roka ...
Breaking Biology Technology:Beike Biotechnology Produces High-dose Adult Stem Cell Packets for Degenerative Conditions 2NW Bio To Webcast, Live, at VirtualInvestorConferences.com On May 7 2NW Bio To Webcast, Live, at VirtualInvestorConferences.com On May 7 3Potato Starch: A Potential Source for the Creation of Next Generation Bulk-ingredients and Smart Foods 2
... Traits to Improve Farmer ... ... Biotechnology Co., Ltd. (BWK) today announced the,formation of a joint venture ... as stress tolerance and efficient nutrient,utilization to improve the performance of ...
... December 10, 2007, SPACE COAST, Fla., Dec. ... Third Annual Colloquium on the Law of,Transbeman Persons, ... held December 10, 2007 along Florida,s Space Coast. ... and computerized,substrate., The colloquia are open to ...
... and GAITHERSBURG, Md., Nov. 30 Binex,(KOSDAQ: 053030) ... a,Sponsored Research Agreement to evaluate MaxCyte,s GMP-compliant cell,loading ... cancer immunotherapies. Upon completion of the research studies,the ... technology for,clinical and commercial use in Korea. Financial ...
Cached Biology Technology:DuPont Joint Venture with Chinese Biotech Firm Strengthens Gene Discovery Research Efforts 2DuPont Joint Venture with Chinese Biotech Firm Strengthens Gene Discovery Research Efforts 3International Human Rights Day Recognized by Terasem Movement, Inc.'s Third Annual Colloquium on the Law of Transbeman Persons 2Binex and MaxCyte Collaborate on Cancer Immunotherapy Research 2
SEQUENASE PCR PRODUCT PRE-SEQU, 1 EA. Category: SEQUENASE....
... serum is collected off the clot from fasted Cynomolgus ... Available Anticoagulants: N-02: Citrate ... N-08: Potassium Oxalate N-10: EDTA ... N-07: CPD N-09: K3EDTA ...
adult...
Porcine Serum Available Anticoagulants: N-02: Citrate N-04: Heparin (Na) N-06: K2EDTA N-08: Potassium Oxalate N-10: EDTA (Na) N-03: Alsevers N-05: ACD N-07: CPD N-09: K3EDTA N-11...
Biology Products: