Aware, Inc. (AWRE) Reports Q1 EPS of $0.03

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Aware, Inc. Reports First Quarter 2016 Financial Results

April 26, 2016 4:06 PM EDT

BEDFORD, Mass., April 26, 2016 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading supplier of biometrics software and services, today reported financial results for its first quarter ended March 31, 2016.

Revenue for the first quarter of 2016 was $4.8 million, an increase of 17% compared to $4.1 million in the same quarter last year. Operating income in the first quarter of 2016 was $0.9 million compared to $0.4 million in the first quarter of 2015. The increase in revenue and operating income was primarily due to licensing revenue from a 2015 medical imaging software sale.

Net income in the first quarter of... More