AUTH AuthenTec, Inc., featured news, full reports, and detailed AUTH.O charts.
AuthenTec, Inc. (AUTH) Wrap Up:
We are a leading mixed-signal semiconductor company providing fingerprint authentication sensors and solutions to the high-volume PC, wireless device, access control and other markets. The fingerprint sensor market is experiencing rapid growth driven by the proliferation of mobile computing and wireless communication devices. These devices store an increasing amount of sensitive and valuable personal and corporate data, yet are highly vulnerable to loss, theft, intrusion and fraud. In light of these vulnerabilities, the enhanced security features provided by our solutions have become increasingly important. We believe our products, which are based on our patented TruePrint technology, are the most accurate, reliable, cost-effective, easy to use and versatile products commercially available today. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f29%2f0001193125-08-043853.html#FIS_BUSINESS"
AuthenTec, Inc. (AUTH:NASDAQ)
Snapshot of AuthenTec, Inc. (AUTH)
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OPEN
$2.32
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PREVIOUS CLOSE
$2.34
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DAY HIGH
$2.38
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DAY LOW
$2.30
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52 WEEK HIGH
09/8/09 - $3.45
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52 WEEK LOW
02/27/09 - $1.26
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MARKET CAP
68.2M
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AVERAGE VOLUME 3 mo
173.0K
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DILUTED EPS TTM
$-0.55
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SHARES OUTSTANDING
28.7M
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AUTH Does Not Pay Dividends
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P/E TTM
NM
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AUTH Details
AuthenTec, Inc., a mixed-signal semiconductor company, provides fingerprint authentication sensors and solutions to personal computer and wireless device markets. It offers a range of fingerprint sensors that enable users to access and control multiple functions on an electronic device by touching or sliding their finger across the sensor. The companys fingerprint sensors utilize unique information in fingerprints to verify the identity of the individual, as well as the unique, individual fingers on the same person. AuthenTecs sensors are used in various applications related to security, password replacement, financial transaction authentication, and personalization applications. The companys products are used in a range of PC products and related peripherals, including laptops, desktops, memory keys, hard drives, keyboards, and mice. Its products also integrate into various wireless devices, such as mobile phones, and personal digital assistants and personal navigation device, as well as access control devices comprising door locks, time and attendance devices, and remote wireless entry keys. AuthenTec primarily offers its products to original equipment manufacturers, original design manufacturers, and contract manufacturers. It sells its products through direct sales force, a network of independent sales representatives, and distributors. The company was founded in 1998 and is headquartered in Melbourne, Florida.
AUTH Top Compensated Officers
Executives, Board Directors
Key developments for AuthenTec, Inc. (AUTH)
AuthenTec, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended October 2, 2009. For the quarter, the company reported revenue of $10.3 million compared to the guidance of $9.2 million to $9.8 million previously provided by the company. Revenue increased approximately 22% from the $8.4 million reported in the second quarter of 2009 and was lower compared to the $18.4 million in the third quarter of 2008. The sequential increase in third quarter revenue was due to improved buying patterns by PC customers and growth in wireless product sales. Operating loss was $4.2 million compared to $8,000 for the same period of last year. GAAP net loss was $4.2 million, or $0.14 per diluted share, which included a charge of $1.7 million, or $0.06 per diluted share, associated with the Atrua transaction finalized during the quarter. This compares to a GAAP net loss of $5.8 million, or $0.20 per diluted share, in the second quarter of 2009 and GAAP net income of $550,000, or $0.02 per diluted share, in the third quarter of 2008. On a non-GAAP basis, net loss was $1.5 million, or $0.05 per diluted share, which excluded the acquisition-related charge and other expenses related to stock-based compensation, a reduction in workforce, amortization of certain intangible assets and an impairment of assets. This compares to a non-GAAP net loss of $2.2 million, or $0.08 per diluted share, in the second quarter of 2009 and non-GAAP net income of $1.4 million, or $0.05 per diluted share, in the third quarter of 2008. For the nine months, the company reported net loss $14.4 million or $0.50 per diluted share on revenue of $25.8 million compared to net income $1.4 million or $0.05 per diluted share on revenue of $52.3 million for the same period of last year. Operating loss was $14.7 million compared to $0.5 million for the same period of last year. On a non-GAAP basis, net loss was $7.3 million or $0.25 per diluted share compared to net income $3.2 million or $0.11 per diluted share for the same period of last year. The company expect revenue to range between $7.5 million and $8.0 million for the fourth quarter of 2009, primarily due to anticipated reductions in channel inventories ahead of the previously disclosed transition to certain Intel Calpella-based notebooks that do not integrate an AuthenTec fingerprint sensor. The revenue decrease will be partially offset by lower operating expenses, which are expected to be approximately $5.8 million in the fourth quarter, resulting in a non-GAAP net loss per diluted share of between $0.07 and $0.09.
AuthenTec, Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on November 4, 2009).
AuthenTec, Inc. reported capital expenditures for the third quarter of 2009. Capital expenditures for the third quarter were $213,000.
AUTH Competitors
| Company | Last | Change |
| Bio-key International Inc | $0.28 USD | 0.00 |
| ImageWare Systems Inc | $0.78 USD | +0.06 |
| LaserCard Corp | $6.60 USD | -0.22 |
| Precise Biometrics AB | kr2.65 SEK | -0.03 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AUTH | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.5x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.2x |
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AUTH |
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AUTH transactions
| Type Date |
Target |
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Merger/Acquisition
July 8, 2009 |
Atrua Technologies, Inc. |
More Recent News About AuthenTec, Inc.
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