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Stock impact report

Aware, Inc. Reports Second Quarter 2019 Financial Results

Aware, Inc. (AWRE) 
US:NASDAQ Investor Relations: ir.aware.com/investor-relations
Company Research Source: PR Newswire
BEDFORD, Mass., July 30, 2019 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading supplier of biometrics software and services, today reported financial results for its second quarter ended June 30, 2019.  Revenue for the second quarter of 2019 was $3.0 million compared to $3.8 million in the same quarter last year. Operating loss in the second quarter of 2019 was $1.2 million compared to an operating loss of $0.4 million in the second quarter of 2018.    The decrease in revenue and higher operating loss in the current three month period compared to the corresponding period last year was primarily due to: i) lower biometrics software license sales, ii) lower imaging software license sales; and iii) lower services revenue.  This was partially offset by lower total costs and expenses. Net loss in the second quarter of 2019 was $0.9 million, or $0.04 per diluted share, which compares to a net loss of $0.2 million, or $0.01 per diluted share, in the same period a year ago.Revenue for th Show less Read more
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