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Aware Inc. - AWRE STOCK NEWS

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

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 Aware'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 Aware's position in the market.

News
Aware Sets First Quarter 2024 Webcast for Thursday, May 2, 2024 at 5:00 p.m. Eastern Time
Rhea-AI Summary
Aware, Inc. (AWRE) has announced a webcast on May 2, 2024, at 5:00 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2024. The company utilizes biometrics, data science, machine learning, and AI to address business and identity challenges. Interested parties can submit questions in advance via email.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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earnings
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News
Aware Reports Fourth Quarter Financial Results
Rhea-AI Summary
Aware, Inc. (AWRE) reported a 14% increase in total revenue to $18.2 million for the full year 2023, with Annual Recurring Revenue (ARR) reaching a record $12 million, up by 23%. The company saw a significant growth in recurring revenue and cash reserves, while facing a negative impact on net income due to a write-off related to an investment. Aware also highlighted operational achievements, partnerships, and product enhancements in the biometric identity market. CEO Robert Eckel expressed optimism for future growth based on the strong financial foundation and increasing opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.5%
Tags
earnings
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News
Aware Sets Fourth Quarter and Full Year 2023 Webcast for Tuesday, March 12, 2024 at 5:00 p.m. Eastern Time
Rhea-AI Summary
Aware, Inc. (AWRE) will hold a webcast on March 12, 2024, to discuss its financial results for the fourth quarter and fiscal year ended December 31, 2023. The company uses biometrics, data science, machine learning, and AI to address business and identity challenges. Interested parties can submit questions in advance and access the presentation for replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
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none
News
Aware Adds Product Strategy Innovator to Executive Team to Further Align Biometric Platform and Vision with Market Growth
Rhea-AI Summary
Aware, Inc. (NASDAQ: AWRE) appoints AJ Naddell as Chief Product Officer to advance the company’s product-market-fit and capitalize on the $15.2 billion multi-factor authentication market. Naddell brings over 10 years of leadership experience and aims to drive revenue growth and predictability by integrating product strategy and optimizing the user experience. His role will focus on aligning product strategy with overall business objectives, overseeing the entire product development lifecycle, and conducting thorough market research to identify emerging trends, customer preferences, and competitive landscapes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
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none
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News
PeopleCert chooses Aware's Knomi® to Prevent Proxy Testing
Rhea-AI Summary
PeopleCert (PCT) integrates Aware, Inc.'s Knomi® solution to prevent fraudulent test-taking and enhance security in its language certification exams. The biometric authentication framework is part of PeopleCert's Know Your Customer (KYC) identity verification process, aimed at eliminating fraud and ensuring test validity. With millions of exams delivered annually in over 200 countries and territories, PeopleCert's use of biometrics is crucial to maintaining the integrity and credibility of its high-stakes certification tests.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
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none
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News
Unlocking the Future: Aware Partners with Avanza Solutions to Extend World Class Biometric Authentication Across Middle East, Asia and Africa
Rhea-AI Summary
Aware, Inc. (NASDAQ: AWRE) and Avanza Solutions Collaborate to Bring Biometric Authentication Integration to Financial Services in the Middle East, Asia, and Africa
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.79%
Tags
partnership
News
Aware and Serban Group Team Up To Create Biometric Authentication Powerhouse Serving Latin American and European Markets
Rhea-AI Summary
Aware, Inc. (NASDAQ: AWRE) has announced a partnership with Serban Group to deliver advanced biometric authentication solutions to financial services firms, governments, and commercial enterprises in Latin America (LATAM) and Europe. This collaboration aims to leverage Aware's industry-leading biometric solutions to improve security, fight fraud, and streamline operations in these high-growth regional markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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News
Aware® Reports Third Quarter and Nine Month 2023 Financial Results
Rhea-AI Summary
Aware, Inc. (NASDAQ: AWRE) reported financial results for Q3 2023. Total revenue increased 112% to $6.4 million compared to Q3 2022. Operating cashflow was $2.5 million, the highest since Q4 2018. Net income was $1.1 million. The company reiterates its full-year guidance for total revenue and annual recurring revenue (ARR) growth of 15% and to exit the year with neutral operating cashflow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
45.71%
Tags
earnings
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News
Aware and PeopleCert Align to Prevent Proxy Testing
Rhea-AI Summary
Aware Inc. and PeopleCert have partnered to address the issue of fraudulent test-taking by incorporating biometric authorization. Aware's Knomi® solution enhances the security and credibility of certification procedures, resolving the challenge faced by many institutions. Biometric authentication prevents proxy testing and ensures the validity of exams. PeopleCert has integrated Knomi as part of their eKYC identity verification process for online exams and certifications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
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none
News
Aware Sets Third Quarter 2023 Webcast for Wednesday, November 1, 2023 at 5:00 p.m. Eastern Time
Rhea-AI Summary
Aware, Inc. to hold webcast to discuss financial results for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.06%
Tags
earnings
Stock AWRE logo
Aware Inc.

Nasdaq:AWRE

AWRE Rankings

#4913 Ranked by Market Cap
#4019 Ranked by Stock Gains
N/A Ranked by Dividends

AWRE Stock Data

36.27M
14.94M
43.72%
24.54%
0.21%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Burlington

About AWRE

aware is a leading global provider of biometrics software products, services, and solutions. our modular software products include sdks and subsystems that enable fingerprint, face, and iris recognition and mobile authentication solutions: sdks, controls and applets; user interface applications for biometric enrollment and forensic analysis; sdks for fingerprint, face, and iris recognition and authentication; a name matching and identity resolution sdk; a biometric services platform; and an automated biometric identification system (abis). these products fulfill critical biometric functionality for applications including border management, law enforcement, defense, intelligence, citizen id, banking, and payments. aware is a publicly held company (nasdaq: awre) based in bedford, massachusetts. aware has provided cots biometrics software products since 1993, when it helped the fbi to design and optimize the “wsq” fingerprint image compression algorithm for the first large-scale fingerpri