AuthID offers a favorable peek at Q4

AuthID has published some non-GAAP financial data that paint its fourth quarter in a positive light. Complete GAAP information for the quarter ended December 31 will wait. Specifically, the biometric ID verification and authentication firm says it signed new customer contracts with gross booked annual recurring revenue valued at $1.7 million in the quarter. That is a 64 percent increase over the third quarter of the same year.

Many caveats come with the news. Comparing consecutive quarters can be misleading …

authentication authid biometric biometrics biometrics news biometrics stocks contracts customer data december financial financial data financial results fourth quarter identity verification id verification information non revenue stocks trade notes verification