Identix Reports A3.8 Million Loss
by Security Electronics and Networks | @Access Control Articles | May 7, 2006, 7:00am AEST
The maker of biometric access control products says it had revenues of $20.8 million over the past three months, up slightly from the $20.3 million in revenue for the same quarter a year ago.
However, Identix says the net loss includes $1.1 million from the impending merger with fellow biometrics maker Viisage.
The merger is expected to close by the end of June, according to the two companies.