Navigation Links
Aware, Inc. Reports First Quarter 2013 Financial Results
Date:4/23/2013

BEDFORD, Mass., April 23, 2013 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading supplier of biometrics software and services and DSL service assurance software products, today reported financial results for its first quarter ended March 31, 2013. 

Revenue for the first quarter of 2013 was $5.6 million, an increase of 15% compared to $4.9 million in the same quarter last year. Operating income before patent related income in the first quarter of 2013 was $2.0 million compared to $1.0 million in the first quarter of 2012.

Net income for the first quarter of 2013 was $1.9 million, or $0.08 per diluted share, which compares to net income of $1.1 million, or $0.05 per diluted share, for the same period a year ago.

Additional information regarding first quarter 2013 results is as follows:

  • The improvement in operating income before patent related income this year versus last year was primarily due to increased profitability in our biometrics and imaging business and lower general and administrative expenses.
  • Net income in the first quarter of 2013 included income from a patent arrangement of $0.8 million. This income relates to an agreement we entered into several years ago with an unaffiliated third party under which we assigned patents in return for royalties on proceeds from its patent monetization efforts. We are unable to predict how much more income we might receive from this arrangement, if any, because we do not know whether any patent monetization efforts by the third party will be successful.
  • Income tax expense for the first quarter of 2013 was $1.0 million versus $2,000 in the prior year quarter.
    Income tax expense this year was based on the U.S. statutory rate of 34%, increased by state income taxes.  Income tax expense in the first quarter of 2012 was offset by the reversal of
    '/>"/>

  • SOURCE Aware, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4

    Related biology news :

    1. NASDAQ Sets Ex-Dividend Date for Aware, Inc.s Special Cash Dividend of $1.80 Per Share
    2. Aware, Inc. Declares Special Cash Dividend of $1.80 Per Share, or Approximately $40 Million in Total
    3. Aware, Inc. Reports Third Quarter 2012 Financial Results
    4. Aware, Inc. Reports Second Quarter 2012 Financial Results
    5. Aware, Inc. Reports First Quarter 2012 Financial Results
    6. University of Florida reports 2012 US shark attacks highest since 2000
    7. Invading species can extinguish native plants despite recent reports
    8. Study reports iron oxide nanoparticles effective for labeling human endothelial cells
    9. Cell Transplantation reports islet cell advancement increases impact on transplantation
    10. New low carbon TINA reports
    11. Texas Biomed reports faster, more economical method for detecting bioterror threats
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:3/23/2015)... NXT-ID, Inc. (NASDAQ: NXTD ) ("NXT-ID" or the ... commerce market, announces its biometric payment technology, the Wocket® smart ... starting March 30 th . The ... New York markets. Gino ... our new ad campaign following the recent initial shipment of ...
    (Date:3/20/2015)... Mar. 19, 2015 Research and Markets ( ... Biometrics - Global Strategic Business Report" report to their ... Iris Biometrics in US$ Thousands. The report provides separate comprehensive ... Japan , Europe , ... and Latin America . Annual ...
    (Date:3/17/2015)... , March 17, 2015 Emotient, ... analytics software, today announced general availability of ... service for the analysis of facial expressions. The ... advertising, media content, products and services. It delivers ... engagement and sentiment - as derived from facial ...
    Breaking Biology News(10 mins):NXT-ID's Wocket Smart Wallet to Launch New CNBC Regional TV Ad Campaign 2NXT-ID's Wocket Smart Wallet to Launch New CNBC Regional TV Ad Campaign 3Iris Biometrics - Global Strategic Business Report 2015: System & Network Access Control - A Robust Market Opportunity in the Offing 2Iris Biometrics - Global Strategic Business Report 2015: System & Network Access Control - A Robust Market Opportunity in the Offing 3Iris Biometrics - Global Strategic Business Report 2015: System & Network Access Control - A Robust Market Opportunity in the Offing 4Iris Biometrics - Global Strategic Business Report 2015: System & Network Access Control - A Robust Market Opportunity in the Offing 5New Emotient Web Service Measures Audience Response Using On-Demand Facial Expression Analysis 2New Emotient Web Service Measures Audience Response Using On-Demand Facial Expression Analysis 3New Emotient Web Service Measures Audience Response Using On-Demand Facial Expression Analysis 4
    ... Fl (Aug 22, 2007) New research shows how ... order to transfer pollen on different regions of bats ... as pollinators. The study, titled Character displacement among ... mechanism, process and pattern, was published in this weeks ...
    ... Minnesota Medical School and Brain Sciences Center at the ... painless way to diagnose complex brain diseases. And its ... research offers promise for a less-stressful, painless, and objective ... to measure the effectiveness of different treatments for these ...
    ... has finally resulted in success: In the journal Angewandte ... at the University of Cambridge reports the first synthesis ... from feeding. ,Plants have a variety of defense ... often allows researchers to discover molecules with interesting biological ...
    Cached Biology News:How to share a bat 2U of MN researchers discover noninvasive diagnostic tool for brain diseases 2Natural insecticide re-created in the lab 2
    (Date:4/1/2015)... 1, 2015  EMD Serono, the U.S. biopharmaceuticals subsidiary ... announced today the appointment of Frederick E. Munschauer ... Immunology. In this capacity, he will lead the medical ... and collaborations for Rebif ® (interferon beta-1a) as ... Dr. Munschauer joins EMD Serono from Biogen, ...
    (Date:4/1/2015)... , April 1, 2015  Organovo Holdings, ... company focused on delivering breakthrough 3D bioprinting technology, ... kidney tissue at the 2015 Experimental Biology conference ... "Kidney represents an ideal extension of ... can be tremendously useful in pharmaceutical research," said ...
    (Date:4/1/2015)... 2015  Spherix Incorporated (Nasdaq: SPEX ) -- an ... and monetization of intellectual property, today announced that ... service global investment bank specializing in micro, small, ... featuring Spherix. The report, authored by ... at Chardan, was published on March 31, 2015. ...
    (Date:4/1/2015)... OXFORD, England , April 1, 2015 /PRNewswire/ ... world-leading biotechnology company developing novel biological drugs to ... today pleased to announce the appointment of ... Coughlin will be responsible for providing medical and ... for the Company. Dr. Coughlin has ...
    Breaking Biology Technology:EMD Serono Appoints Frederick E. Munschauer M.D., FAAN to Vice President of Medical Affairs, Neurology and Immunology 2EMD Serono Appoints Frederick E. Munschauer M.D., FAAN to Vice President of Medical Affairs, Neurology and Immunology 3EMD Serono Appoints Frederick E. Munschauer M.D., FAAN to Vice President of Medical Affairs, Neurology and Immunology 4EMD Serono Appoints Frederick E. Munschauer M.D., FAAN to Vice President of Medical Affairs, Neurology and Immunology 5Organovo Describes First Fully Cellular 3D Bioprinted Kidney Tissue 2Organovo Describes First Fully Cellular 3D Bioprinted Kidney Tissue 3Organovo Describes First Fully Cellular 3D Bioprinted Kidney Tissue 4Chardan Capital Issues Industry Note Covering Spherix 2Chardan Capital Issues Industry Note Covering Spherix 3Immunocore Appoints Dr. Christina Coughlin as Chief Medical Officer 2Immunocore Appoints Dr. Christina Coughlin as Chief Medical Officer 3Immunocore Appoints Dr. Christina Coughlin as Chief Medical Officer 4
    ... growing empty particles derived from a plant virus and have ... of these nano containers could be decorated with molecules that ... before the chemical load is discharged to exert its effect ... mosaic virus, which is ideally suited for designing biomaterial at ...
    ... ... ... ... ...
    ... ... ... ... ...
    Cached Biology Technology:Designer nano luggage to carry drugs to diseased cells 2Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 2Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 3Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 4Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 5Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 6Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 7Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 8Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 9Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech 10PharmAthene to Present at the 2010 Roth Capital Markets Growth Stock Conference on Monday, March 15, 2010 2PharmAthene to Present at the 2010 Roth Capital Markets Growth Stock Conference on Monday, March 15, 2010 3
    ... He biolistic system enables 7-10 times more cells ... fits into the shocking chamber of the PDS-1000 ... wave over 7 microcarriers. By uniformly spreading the ... area, the system maximizes the number of cells ...
    ... BioLogic LP system, 220-240 V, is ... fraction collection. The system includes the ... kit with MV-6 injection valve, proportioning ... cell, tubing and fittings kit, column ...
    Lyophilized solid. Suitable for evaluating functional activity of human complement components and for other research requiring a high level of hemolytic activity. ...
    ... with colony-picking capabilities, 110-120 V, uses floating ... oligonucleotides, carbohydrates, lipids, and other biomolecules onto ... This system can also be used for ... in diameter and for inoculating 96- or ...
    Biology Products: