Identity & Access Management Solutions Provider BIO-key’s Q1 Revenues Improved to $1.9M versus $0.5M in Q1’20 and $1.1M in Q4; Investor Call Today at 10am ET

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Bio-key International, Inc. (BKYI) Tops Q1 EPS by 7c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensus

May 14, 2021 7:59 AM EDT

Bio-key International, Inc. (NASDAQ: BKYI) reported Q1 EPS of ($0.09), $0.07 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $1.88 million versus the consensus estimate of $1.25 million.

Q1 & Recent Highlights:

BIO-key began initial technology deployments for its large-scale ID projects in Africa, recording hardware revenue of $680k in Q1.BIO-key secured a $1.2M, three-year contract extension from a Fortune 500 telecommunications customer for fingerprint biometric security support services. BIO-key added new higher education customer contracts in the quarter, extending the penetration of its PortalGuard identity and access... More