BIO-key reports Q3 EPS (15c) vs (39c) last year

Reports Q3 revenue $1.55M vs $2.14M last year. BIO-key (BKYI) CEO, Mike DePasquale commented, “We had particular strength in the year-ago quarter which made for tough Q3 comparison this year. We reported total revenues of $1.55M in Q3’25, compared to $2.14M a year ago. Q3’24 benefitted from two large orders one from a long-time banking customer, which was more of a catch-up for the repaid expansion of their deployment, and one from a long-time defense industry customer. In aggregate, revenue from these two customers was approximately $665,000 higher in Q3 last year, resulting in the year-over year revenue variance. Another $134,000 order was received from the defense industry customer in October.”