Overview

* Aware Q3 revenue grows 33% yr/yr to $5.1 mln, driven by new customer activity

* Net loss improves to $1.1 mln from $1.2 mln in prior year period

* Company achieves FIDO Alliance Certification for Face Verification, reinforcing biometric leadership

Outlook

* Aware focuses on pursuing large, durable opportunities for multi-year recurring revenue

* Company acknowledges potential fluctuations due to timing, license mix, and government shutdowns

* Aware maintains confidence in long-term strategy for sustainable growth and value creation

Result Drivers

* NEW CUSTOMER ACTIVITY - Revenue growth driven by strong new customer activity and expansion within existing base

* INTELLIGENT LIVENESS - Launch of next-gen biometric liveness-detection capability contributed to expanded engagements, including with a major U.S. federal agency

* CERTIFICATIONS AND PARTNERSHIPS - Achieved FIDO Alliance Certification and strengthened strategic partnerships, enhancing market penetration

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $5.12

Revenue mln

Q3 Net -$1.05

Income mln

Q3 Basic -$0.05

EPS

Q3 -$1.29

Operatin mln

g Income

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)