Aware Q3 EPS $(0.06) Down From $0.05 YoY, Sales $3.85M Down From $6.38M YoY
Portfolio Pulse from Benzinga Newsdesk
Aware Inc. (NASDAQ:AWRE) reported a significant decline in its Q3 financial performance, with EPS dropping from $0.05 to $(0.06) and sales falling from $6.38M to $3.85M year-over-year.
October 30, 2024 | 8:39 pm
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NEGATIVE IMPACT
Aware Inc. reported a 220% decrease in EPS and a 39.68% drop in sales for Q3 compared to the previous year, indicating a significant decline in financial performance.
The substantial decrease in both EPS and sales suggests a negative impact on Aware's financial health, likely leading to a short-term decline in stock price as investors react to the poor performance.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100