authID Q3 revenue $0.25M, revises FY2024 guidance down to $0.8-0.9M

authID Inc.

Q3 revenue $0.25M vs $0.04M YoY; loss from continuing ops $3.4M ($0.31/share).
Adjusted EBITDA loss $2.9M in Q3 vs $2.1M a year ago; RPO $3.8M.
FY2024 revenue guidance lowered to $0.8-0.9M from $1.4-1.6M due to customer delays.
Signed $10M multi-year contract with an AI company; also $1M+ OEM deal in APAC.
Appointed Erick Soto as Chief Product Officer; entered telecom vertical via Imperial Technologies.

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