BIO-key Announces Conference Call to Discuss Fiscal Results

BIO-key Announces Conference Call to Discuss Fiscal ResultsBiometric identification solutions company BIO-key has announced a release date for its Q1 2015 financial report. The results will be released on Wednesday, May 13, and the company will host a conference call at 10:00 a.m. that day.

Shareholders and other interested parties will be keen to get an update from the company, which posted losses for both Q4 2014 and 2014 as a whole, but with some notable positive trends. For one thing, its Q4 revenues were 191 percent higher against a year earlier; and its licensing partnerships were starting to have major payoffs as well. Plus its losses were down significantly.

And this year seems to have been going pretty well. The company was showing off its latest mobile authentication solutions at the Mobile World Congress in March, and it’s quite possible that more major partnerships or integrations are in the works. Presumably we’ll learn about any new such developments next Wednesday.