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SAFLINK Reports Third Quarter 2003 Financial Results

Tuesday 4 November 2003 08:46 CET | News

SAFLINK has reported its financial results for its third quarter ended September 30, 2003. Revenue for the third quarter of 2003 was $763,000, compared to $167,000 for the second quarter of 2003 and $366,000 for the third quarter of 2002.

The Company reported a net loss attributable to common stockholders of $2.5 million, or $0.09 per share, in the third quarter of 2003, compared to a net loss attributable to common stockholders of $3.4 million, or $0.13 per share, in the second quarter of 2003, and a net loss attributable to common stockholders of $1.5 million, or $0.08 per share, in the third quarter of 2002. For the nine months ended September 30, 2003, revenue was $1.5 million compared to $926,000 for the first nine months of 2002, an increase of 65%. The Company reported a net loss attributable to common stockholders of $7.9 million, or $0.31 per share, for the nine months ended September 30, 2003, compared to a net loss attributable to common stockholders of $9.5 million, or $0.69 per share, for the first nine months of 2002.


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Categories: Payments & Commerce | Payments General
Countries: World
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