BIO-key hosting Q1 2016 conference call May 16
Biometric software and hardware solutions provider BIO-key International will host a conference call to review its Q1 2016 results on May 16, 2016 at 10:00 a.m. EDT.
Results will be issued pre-market that day. Management will review BIO-key’s progress and outlook for 2016 and beyond. CEO Mike DePasquale and CFO Cecilia Welch will be participating on the call.
Back in March, BIO-key estimated that its full year 2016 revenues will grow to a targeted range of $7M – $9.5M, a growth rate of 35% to 83% versus 2015. At the time, BIO-key Chairman and CEO, Michael DePasquale, commented, “We believe we are well positioned to execute on our ambitious growth strategy and achieve record revenue and profitability in 2016.”
Last month the company established a relationship with Moroccan technology provider Arthur & Co. to provide the company’s portfolio of biometric identity and multi-factor authentication solutions to enterprise and government customers throughout the Middle East and North Africa regions.