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authID Inc - AUID STOCK NEWS

Welcome to our dedicated news page for authID (Ticker: AUID), a resource for investors and traders seeking the latest updates and insights on authID.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect authID's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of authID's position in the market.

News
authID Continues Growth Momentum with Strong Q4 Sales
Rhea-AI Summary
authID (Nasdaq: AUID) signs new customer contracts with $1.7 million gross Booked Annual Recurring Revenue in Q4 2023, representing a 64% increase over the third quarter. The company's biometric lifecycle identity platform is gaining traction, catering to various industries including digital wallet providers, entertainment business software, mobile application providers, and service providers of verified identities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
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News
Supply Wisdom Fortifies Leadership to Accelerate Innovation and Growth
Rhea-AI Summary
Supply Wisdom (ticker symbol: SW) has appointed Tom Thimot as CEO, with Atul Vashistha remaining as Chairperson of the Board. The company also promoted Jenna Wells to Chief Customer & Product Officer and Sowmya Krishnaswamy to Chief Technology Officer. In 2023, Supply Wisdom grew its ARR by at least 75% and expanded its client portfolio, adding new clients in the technology and financial services sectors. Thimot brings 30+ years of experience scaling SaaS-based tech companies and deep experience in data, analytics, and identity technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.37%
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none
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News
authID Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Rhea-AI Summary
authID Inc. (Nasdaq: AUID) grants 10,000 non-qualified options to a new employee at an exercise price of $9.85 per share, vesting annually over three years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Entertainment Social Commerce Platform, PickleJar, Selects authID to Deliver Trusted Identity
Rhea-AI Summary
authID (Nasdaq: AUID) and PickleJar Entertainment Group (OTC: NREG) have announced a partnership to deploy authID’s identity life-cycle platform, combining PickleJar’s industry-leading artists payments, social commerce, performance ticketing, and crowdfunding services with authID’s world-class enterprise delivery and next-gen fraud mitigation technology services. The partnership aims to strengthen digital engagement and payments between creative artists and followers, delivering a seamless, social user experience that maintains high trust-levels between artists and their fans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
authID INC. Announces Closing of $9.4 Million Registered Direct Offering
Rhea-AI Summary
authID Inc. (AUID) closed a Registered Direct Offering, selling 1,574,990 shares of common stock at $6.00 per share, resulting in approximately $9.4 million in gross proceeds. The Company plans to use the net proceeds for working capital and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
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offering
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News
authID Inc. Announces Pricing of Approximately $9.4 Million Registered Direct Offering
Rhea-AI Summary
authID Inc. (NASDAQ: AUID) Announces $9.4 Million Registered Direct Offering of Common Stock at $6.00 per Share, Expects Sales Growth and $9M in bARR for 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.5%
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offering
News
authID Inc. Reports Financial and Operating Results for the Third Quarter Ended September 30, 2023
Rhea-AI Summary
authID Inc. (Nasdaq: AUID) reports a 300% increase in sales from the previous quarter, with contracts valued at $1 million. The company's biometric identity verification and authentication solutions are gaining traction in financial services, healthcare, and the digital economy, resulting in significant customer wins and industry recognition. Financial results show a decline in operating expenses and improved net loss per share, with a focus on cost-saving measures and revenue optimization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.11%
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earnings
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News
Bieases, an International Fintech Provider, Selects authID to Secure Digital Wallet
Rhea-AI Summary
authID Inc. and Bieases announced the launch of authID's biometric authentication platform to prevent identity fraud and account takeover. Bieases, an international fintech, will use the platform to offer secure identity verification and authentication for its digital payment wallet. authID's solution provides strong identity verification, document authentication, and biometric authentication in a frictionless and convenient manner. The platform authenticates the identity of the true account owner with a quick selfie, delivering fast and precise user identity authentication.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.74%
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none
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News
authID Continues to Innovate its Patented Identity Verification Platform with the Launch of Verified 3.8
Rhea-AI Summary
authID Inc. announces the launch of Verified™ 3.8, its next-generation platform that protects digital enterprises against identity fraud. The release includes additional fraudulent document detection, improved user interface, and faster biometric identity verification. authID's platform performs backend processing in 700 milliseconds, 5 to 10 times faster than competitors. Aris Green joins as Senior Staff Engineer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.75%
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none
News
authID to Report Third Quarter 2023 Financial Results on November 8, 2023
Rhea-AI Summary
authID will report financial results for Q3 2023 on November 8 after market close. CEO and CFO will host a webcast at 5:30 p.m. EDT to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
Tags
conferences earnings
Stock AUID logo
authID Inc

Nasdaq:AUID

AUID Rankings

#4515 Ranked by Market Cap
#4211 Ranked by Stock Gains
N/A Ranked by Dividends

AUID Stock Data

73.24M
7.67M
21.86%
7.35%
2.79%
Software Publishers
Information
Link
United States
Long Beach

About AUID

ipsidy, inc. ____________________________________ ipsidy, inc. is a public company trading under the symbol ("idty"​). the company was founded in 2009 to pioneer key innovative approaches for the development, integration, and delivery of advanced digital identification solutions. ipisdy is headquartered in long beach, new york, usa. the company’s footprint includes offices and public and private sector customers in north america, emea, south america, and africa. ipsidy’s security solutions is comprised of identity verification solutions for financial services organizations (idcomplete) and governments (idsolutions). idcomplete provides a secure method enabling the ability to approve or decline transactions in real-time. idcomplete can be deployed on open payment networks, closed payment networks, and in for applications to out of band transaction security. the company’s idsolutions portfolio provides civilian centric software and hardware products for national id, voter registration, e