For the nine months ended September 30, 2010, the company had non-GAAP net income, excluding the effect of $1.2 million of stock-based compensation, of $1.1 million, or $0.06 per share. These results compared to a non-GAAP net loss of $3.4 million, or $0.16 per diluted share, for the nine months ended September 30, 2009, excluding the effect of $1.5 million of stock-based compensation.
Edmund Reiter, Aware's president and chief executive officer, said, "While we still have work to do to achieve consistent profitability, our 2010 quarterly and year-to-date financial results show good progress towards this goal. We were pleased to complete deployment of our LDP product into a European telco customer this quarter and look forward to continued success in this area."
Note: Aware's conference call will be broadcast live over the Internet today, October 28, 2010 at 5:00 p.m. Eastern Time. To listen to the call, please go to www.aware.com/ir. The conference call may also be heard by calling 719-457-2667 and referencing the confirmation number 4576434. A replay of the call will be archived on our website after the call.
About AwareAware is a leading technology and software supplier for the telecommunications and biometrics industries. Aware has pioneered innovations at telecommunications standards-setting organizations for DSL and home networking. Telecom equipment vendors and phone companies use Aware's DSL test and diagnostics modules and Dr. DSL® software to provision and troubleshoot DSL circuits globally. Aware is also a veteran of the biometrics industry, providing biometric and imaging software components used in government systems worldwide since 1992. Aware's interoperable, standard-compliant, field-proven imaging products are used in a n
|SOURCE Aware, Inc.|
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