Biometrics company Ipsidy sees revenue more than triple in its second-quarter results
Ipsidy Inc (OTCQX:IDTY) announced its second-quarter earnings, seeing revenue more than triple compared with a year ago.
The biometrics company reported a net loss of US$0.01 per share on revenue of US$1.84mln compared with a net loss of US$0.01 on revenue of US$559,400 in the previous year’s second quarter.
READ: Ipsidy introduces biometric identity authentication app for iPhone, Android devices
The company, based in Long Beach, New York, provides multi-factor biometric identification tools for electronic transaction processing, recently introducing an Ipsidy app for iPhone and Android.
The tech company also announced US$9.6mln in common equity funding.
READ: Ipsidy teams up with Skypatrol to offer SkyGuru in Latin America
“The recent fund-raising will help us execute on the large number of physical and virtual use cases for our solutions, in different markets and countries around the world,” said CEO Philip Beck in a press release.
Ipsidy received an upgrade in May, uplisting to the OTCQX Best Market from the OTCQB Venture Market.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/202417/biometrics-company-ipsidy-sees-revenue-more-than-triple-in-its-second-quarter-results-202417.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,601,101,100 |
| Stories: | 8,143,229 |
Whistler Blowers, Insiders
