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AuthenTec (NASDAQ: AUTH), the world’s leading provider of fingerprint sensors and solutions to the PC, Wireless and Access Control markets, released their Q4/2008 and full year 2008 earnings and held their analyst conference call Tuesday after the market closed. While the 4th quarter earnings and sales were below expectations, it’s the outlook that came in light, as I had <a[More...]

AuthenTec, Inc. (NASD: AUTH), the world leader in providing fingerprint authentication sensors and solutions to the high-volume PC, wireless device and access control markets, recently reported its financial results for the third fiscal quarter ended October 3, 2008. Quarterly revenue posted a 22 percent increase to $18.4 million when compared to the corresponding period one-year earlier and was in line with the company’s updated guidance range of $18.2 million to $18.5 million for the third quarter. On a non-GAAP basis, the company reported record net income for the third quarter of $1.4 million, or $0.05 per diluted share. This reflects a year-over-year improvement of 62 percent compared to net income of $859,000, or $0.03 per diluted share, in the third quarter of 2007 and beat third quarter estimates of $0.03 per share. AuthenTec, Inc. expects revenue in the fourth quarter to range from $12.5 million to $13.5 million. F. Scott[More...]

AuthenTec ( NASDAQ: AUTH), the world’s leading provider of fingerprint sensors and solutions to the PC, Wireless and Access Control markets, released their Q2/2008 earnings and held their analyst conference call Monday, July 28th after the market closed. AuthenTec’s ability to consistently deliver results and beat analyst’s expectations both on [...]