BIO-key International (NASDAQ:BKYI) Issues Earnings Results, Misses Expectations By $0.46 EPS

BIO-key International (NASDAQ:BKYI) announced its earnings results on Wednesday. The technology company reported ($1.00) EPS for the quarter, missing analysts’ consensus estimates of ($0.54) by ($0.46), Zacks reports. The firm had revenue of $1.14 million during the quarter. BIO-key International had a negative return on equity of 340.45% and a negative net margin of 96.03%.

BIO-key International Price Performance

NASDAQ:BKYI traded down $0.15 during trading hours on Thursday, hitting $1.25. 30,529 shares of the company were exchanged, compared to its average volume of 70,046. The company has a quick ratio of 0.55, a current ratio of 0.68 and a debt-to-equity ratio of 0.28. BIO-key International has a 52-week low of $1.23 and a 52-week high of $12.42. The company’s 50 day moving average price is $1.59 and its 200-day moving average price is $1.77.

BIO-key International Company Profile

BIO-key International, Inc develops and markets fingerprint identification biometric technology and software solutions, and enterprise-ready identity access management solutions for commercial, government, and education customers in the United States and internationally. The company offers BIO-key PortalGuard and PortalGuard IDaaS solutions, a customer-controlled and neutral-by-design cloud-based identity platform that allows customers to integrate with any cloud or on-premises SaaS application, as well as windows device authentication through IAM platform.