ImageWare has set a date for the publication of its Q1 results, announcing that it will file its Form 10-Q after market close on May 10th. The company will also host a conference call on the results starting at 4:30 ET on the same day.
In announcing the fiscal update, the company offered few details on what it will entail, saying only, “Management’s discussion will include the Company’s direct sales efforts as well as partner sales efforts.” But earlier this month, the company disclosed new sales activity for the quarter including a $730,000 expansion of a licensing arrangement with a major government client, and substantial efforts on the part of its partners.
As CEO Jim Miller explained in the company’s Q4 update, ImageWare’s leadership is aiming to transition to a business model based on recurring revenues, with the recent sales activity suggesting it is making headway in the effort. Its Q1 update will, of course, offer much more clarity on the matter.
The company is inviting stakeholders to dial into its conference call at 1-631-891-4304, and will also broadcast the call online, with a recording to be available for 90 days thenceforward.
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