AuthID Inc. (AUID) Q3 2024 Earnings Call Transcript Summary
AuthID Inc. (AUID) Q3 2024 Earnings Call Transcript Summary
The net loss from continuing operations for the quarter was $3.4 million, showing an improvement from $3.7 million a year ago.The following is a summary of the AuthID Inc. (AUID) Q3 2024 Earnings Call Transcript:
以下是AuthID Inc.（AUID）2024年第三季度業績會議的摘要：
Financial Performance:
財務表現：
AuthID reported Q3 revenue of $249,000, a significant increase from $43,000 in the previous year's quarter.
Operating expenses for Q3 remained flat at $3.8 million.
The net loss from continuing operations for the quarter was $3.4 million, showing an improvement from $3.7 million a year ago.
AuthID報告第三季度營業收入爲$249,000，較上一年同期的$43,000有顯著增長。
第三季度的營業費用保持在$380萬的水平。
本季度持續經營的淨虧損爲$340萬，較一年前的$370萬有所改善。
Business Progress:
業務進展:
New leadership appointments including Erick Soto as Chief Product Officer and the signing of a $10 million agreement with an AI firm in India for biometric authentication across various industries.
Reported successful customer Go-Lives, with specific advancements in biometric and identity verification technologies.
Announced receipt of a significant contract from an Indian partner, set to bolster operations within the Asian market.
新任人員包括Erick Soto擔任首席產品官，並與印度的一家人工智能公司簽署了價值$1000萬的協議，用於各行業的生物識別認證。
報告了Go-Lives的成功客戶，具體在生物識別和身份驗證技術方面取得了進展。
宣佈獲得一份重要合同，來自一家印度合作伙伴，旨在加強亞洲市場業務。
Opportunities:
機會：
Expansion into the Indian market with a $10 million deal for biometric authentication, targeting exponential growth over the next decade in transaction volumes.
通過一筆價值1000萬美元的生物識別認證交易，進軍印度市場，旨在在未來十年中實現交易量的指數增長。
Risks:
風險：
Delayed customer Go-Lives and volume adjustments have pushed anticipated revenue from 2024 to 2025, impacting short-term financial projections.
由於客戶Go-Lives推遲和成交量調整，預期的2024年收入推遲至2025年，影響了短期的財務預測。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
