Aware Q2 revenue falls on lower software license sales - AWRE News | RalliesAware Q2 revenue falls on lower software license sales
A
AWRE• Outlook
- Aware expects second-half revenue to increase compared to the first half
- Company expects expenses to be lower in the second half as cost reductions take effect
Overview
- U.S. biometric orchestration firm's Q2 revenue fell yr/yr due to lower software license sales
- Company's Q2 net loss widened as operating expenses rose from prior-year hires
Key details
| | | |
|---|
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Revenue | | $3.25 mln | |
| Q2 Net Loss | | $2.57 mln | |
| Q2 Loss Per Basic Share | | $0.12 | |
| Q2 Operating Income | | -$2.74 mln | |
Result drivers
- Software license weakness - Co said lower perpetual software license revenue drove Q2 revenue decline
- Investment in platform - Co cited continued softness in standalone product offerings as it invests to bring the Awareness Platform to market
- - Q2 expenses rose due to hires made in 2025, partly offset by cost reductions in early 2026
Higher operating expenses