Aware Q3 revenue $3.8M, net loss $0.05/share; recurring revenue up 29% YoY

AWARE INC /MA/

2024-Q3 EPS reported -$0.15 revenue$12,592,000

Q3 total revenue $3.8M, down 41% YoY, primarily due to prior-year one-time license of $2.9M.
Recurring revenue $2.8M, up 29% YoY; company reaffirms double-digit recurring revenue growth for 2024.
Net loss $1.1M ($0.05 loss per diluted share) vs net income of $1.1M ($0.05 EPS) in Q3 2023.
Operating expenses reduced 6% YoY to $5.3M; cash and equivalents at $27.4M.
Secured $1M European government booking in October 2024, expected to add to ARR.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.