BIO-key Revenue Jumps 49 Percent in Q2
BIO-key International (NASDAQ:BKYI), a provider of biometric authentication and identity management solutions, reported earnings for Q2 2025 on August 13, 2025. The company delivered strong GAAP revenue growth, increasing 49% compared to the same period last year, reaching $1.7 million (GAAP). However, its GAAP loss per share of ($0.20) came in below expectations and was worse than the GAAP consensus estimate of ($0.15). Despite this, the company saw improvement in its GAAP net loss, gross profit, and operating efficiency. Results highlight the impact of a growing customer base in Europe, the Middle East, and Africa (EMEA), but also reflect continued challenges in achieving sustained profitability. The quarter overall showed progress in revenue and cost controls, yet ongoing margin pressure and reliance on large contracts remain notable concerns.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
BIO-key International is known for its Identity-Bound Biometrics, which use a person's unique physical traits for security, rather than traditional passwords or devices. This technology supports secure authentication for industries like defense, banking, education, and government.
Source Fool.com
