Business UpdateJun 4, 2026, 07:59 AM
BIO-key Expects 1H'26 Revenue to Rise 50% to $5M; Achieves Profitability
AI Summary
BIO-key International announced that Chairman and CEO Michael DePasquale will present at the RedChip Future Tech Investor Conference on June 10, 2026. During the presentation, he will highlight the company's growing success in high-value sectors. BIO-key expects first-half 2026 revenues to increase by 50% to approximately $5 million, up from $3.3 million in 1H'25. The company also anticipates achieving profitability in 1H'26 compared to a $1.9 million net loss in 1H'25, supporting full-year 2026 growth.
Key Highlights
- BIO-key expects 1H'26 revenues to rise 50% to approximately $5M.
- 1H'26 revenues compare to $3.3M in 1H'25.
- Company anticipates 1H'26 profitability vs. $(1.9M) net loss in 1H'25.
- Chairman and CEO Michael DePasquale to present at RedChip conference on June 10, 2026.
- Presentation will highlight success in Military & Defense, Finance, Government, and Higher Education sectors.
Price Impact
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