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BIO-key Q3 software license fees jump 39%, boosting margins and narrowing net loss.

Company Fundamentals
13 Nov 2026, 14:59 WIB
GlobeNewsWire
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Bullish
BIO-key Q3 software license fees jump 39%, boosting margins and narrowing net loss.

BIO-key International reported a 39% increase in Q3 2026 software license fees to $1.3M, marking its third consecutive quarter of double-digit growth driven by gains in the Middle East and Europe. Total Q3 revenue was $1.48M, slightly down from last year due to lower hardware and service sales, but gross margin improved significantly to 90% from 77%. The company narrowed its net loss by 8% to $886K and improved its nine-month net loss by 42%, supported by strong recurring software revenue and debt retirement. BIO-key expects continued growth in 2027, fueled by new government contracts, expanded partnerships, and opportunities in AI-related biometric authentication.

BIO-key's Q3 software license growth provides context for technology sector performance on Pluang. As of Nov 13, 2026 19:42 WIB, 80 of 150 US tech stocks rose while 63 fell. Notable movers include GoPro Inc (GPRO) at USD 0.69 with a 3.19% gain and Core Scientific Inc (CORZ) at USD 13.99 down 2.71%.

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