Aware Reports First Quarter 2024 Financial Results
BURLINGTON, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometric solutions, today reported financial results for the first quarter ended March 31, 2024.
- BURLINGTON, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometric solutions, today reported financial results for the first quarter ended March 31, 2024.
- Maintained a strong balance sheet with cash, cash equivalents, and marketable securities of $28.5 million as of March 31, 2024.
- Recurring revenue for the first quarter of 2024 totaled $3.145 million, an increase of 3% compared to $3.062 million in the first quarter of 2023.
- Aware management will host a webcast today, May 2, 2024, at 5:00 p.m. Eastern time to discuss these results and provide an update on business conditions.