IDENTIX REPORTS 14%, 19% 3rd-QUARTER INCREASES FROM 2000
LOS GATOS, Calif.
Identix Inc. reports revenue for its fiscal third-quarter and nine months ended March 31 increased 14 percent and 19 percent, respectively, when compared to similar periods in 2000. For the 2001 fiscal third quarter, revenue increased to $20 million, vs. revenue of $17.6 million in the fiscal 2000 third quarter. The net loss for the third quarter was $5.8 million, or 17 cents loss per share, before write-downs and expected noncash charges related to option expenses.
For the first nine months, revenue increased 19 percent to $62.6 million, with a net loss of $13.8 million, or 41 cents loss per share, before expected noncash charges of $2.1 million related to preferred stock, warrant and stock option expenses and the two write-downs described above of $2.3 million. This compares to revenue of $52.6 million, with a net loss of $10.3 million, or 33 cents loss per share, in the year-earlier period.
Identix is a provider of biometric authentication, security and identification solutions.
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.
A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!
Recommended For You
Cloud security can present a paradox: companies love the flexibility and versatility of cloud security management, but are unsure if the cloud itself is secure enough to house their vitally important systems.
From processing power to lens selection to proper positioning, here are 13 tips to help shed light on proper installation of cameras in low-light conditions.