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Article: BIO-key Announces 1150% Year-Over-Year Revenue Growth; Reduces Sequential Quarterly Loss From 9 Cents to 6 Cents.
- Article from:
- PR Newswire
- Article date:
- May 16, 2005
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Projects More Than 30% Revenue Growth for Second Quarter
WALL, N.J., May 16 /PRNewswire-FirstCall/ -- BIO-key International Inc. (BULLETIN BOARD: BKYI) , a leader in finger-based biometric identification and wireless public safety solutions, today reported revenues for the first quarter ended March 31, 2005 were $3.9 million an increase of 1150 per cent from the $312,000 reported in the same period in 2004. Net loss for the quarter was $2.7 million, or $0.06 per share on a basic and fully diluted basis as compared to a net loss in the comparable 2004 period of $912,000 or $0.04 per share and $0.09 per share in the most recent quarter ended December 31,2004.
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