Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
AWARE INC /MA/ reported the fourth quarter of 2022 results: revenue $4.1 million, net income $1.8 million, EPS ($0.08) per diluted share. Guidance initiated.
- Period
- the fourth quarter of 2022
- Revenue
- $4.1 million
- Net income
- $1.8 million
- EPS
- ($0.08) per diluted share
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Revenue for the fourth quarter of 2022 was $4.1 million, compared to $3.0 million in the third quarter of 2022 and $4.0 million in the same year-ago period. The increase in revenue was primarily the result of higher subscription-based revenue. Net loss in the fourth quarter of 2022 totaled $1.8 million, or ($0.08) per diluted share, which compares to net income of $2.6 million, or $0.12 per diluted share, in the third quarter of 2022 and net loss of $1.3 million, or $(0.06) per diluted share, in the same year-ago period.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
AWARE INC /MA/ reported the year ended December 31, 2022 results: revenue $16.0 million, net income $1.7 million, EPS $(0.08) per diluted share. Guidance initiated.
- Period
- the year ended December 31, 2022
- Revenue
- $16.0 million
- Net income
- $1.7 million
- EPS
- $(0.08) per diluted share
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Revenue for the year ended December 31, 2022 was $16.0 million, compared to $16.9 million for the year ended December 31, 2021. The decrease in revenue was primarily due to lower revenue from services, partially offset by higher subscription and maintenance revenues. Net loss for the year ended December 31, 2022 totaled $1.7 million, or $(0.08) per diluted share, compared to net loss of $5.8 million or ($0.27) per diluted share, in the same year-ago period.
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