Aware Q2 revenue $3.3M, net loss $2.6M; H2 outlook seasonal uptick

AWARE INC /MA/

Revenue $3.3M, down from $3.9M YoY; net loss $2.6M ($0.12/sh) vs $1.8M ($0.08/sh) prior year.
Adjusted EBITDA loss $2.3M vs $1.4M YoY; operating expenses $6.0M vs $5.9M.
Six-month revenue $6.6M, net loss $6.0M ($0.28/sh); adjusted EBITDA loss $5.5M.
Management expects H2 revenue to increase seasonally and expenses to decline from cost-reduction actions.
Operational: partnerships with ROC and Mitek; Awareness Platform advancements in liveness and matching.

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