Earnings News and Notes

August 2010
TR2: Terror Response Technology Report;8/4/2010, Vol. 6 Issue 16, p5
Trade Publication
This article reports that L-1 Identity Solutions has widened its losses during the second quarter of 2010 in relation to its pursuit of a sale of the firm as sales declined by two percent due to lower than expected volume in the U.S. The firm also attributes its weak sales performance to a delay in the receipt of an Automated Biometric Identification System licensing revenue from a U.S. government agency and a delay in the start of a credentialing program for a client in Africa. Particular focus is given to the firm's earnings outlook for 2010.


Related Articles

  • Northrop Grumman [NOC]: Hewlett-Packard [HPQ]: Earnings News and Notes.  // TR2: Terror Response Technology Report;5/12/2010, Vol. 6 Issue 10, p4 

    This article reports on the 44% decline in the earnings of Cogent Systems during the first quarter of 2010. The decline is attributed to delays in revenues from the U.S. Department of Homeland Security (DHS) and some sales that were pulled into the fourth quarter of 2009. It cites a 7.5 million...

  • Earnings News and Notes.  // TR2: Terror Response Technology Report;11/10/2010, Vol. 6 Issue 23, p5 

    The article offers information on the financial performances of L-1 Identity Solutions and OSI Systems. L-1 reported an almost 2% decline in sales due to increased sales of capacity license, higher volume in enrollment services, and growth in state drivers licenses contracts, as well as a loss...

  • L-1 Identity Solutions [ID]: L-1 Receives $30M in International, U.S. Orders.  // TR2: Terror Response Technology Report;9/29/2010, Vol. 6 Issue 20, p17 

    The article reports on purchase orders worth 24.5 million U.S. dollars received by L-1 Identity Solutions for finger and iris biometric capture devices for the initial phase of India's Unique Identification Number (UID) program called AADHAAR.

  • Earnings News and Notes.  // TR2: Terror Response Technology Report;5/25/2011, Vol. 7 Issue 11, p5 

    The article reports on the increase in sales of L-1 Identity Solutions in the first quarter of 2011 due to gains in its service business and its solutions business.

  • L-1 Completes Purchase of ComnetiX.  // Defense Daily International;2/23/2007, Vol. 8 Issue 8, p5 

    The article reports on the acquisition of Canada-based ComnetiX Inc. by L-1 Identity Solutions. The deal gives L-1 Identity Solutions a foothold in the Canadian biometric market and expanding its customer and geographic base for fingerprint services in the U.S. The deal was first proposed last...

  • L-1 To Acquire Biometric Access Control Firm Bioscrypt. Biesecker, Calvin // Defense Daily;1/8/2008, Vol. 237 Issue 4, p7 

    This article reports on the decision of L-1 Identity Solutions to acquire Bioscrypt Inc. in 2008. The deal would give L-1 a position in both the biometric physical and logical access control space as well as far more exposure to the commercial market than it currently has. Robert LaPenta,...

  • India Selects Three Firms To Provide Unique ID System. Biesecker, Calvin // Defense Daily;8/13/2010, Vol. 247 Issue 31, p5 

    The article offers information on the biometric identification project of India and selection of service providers for unique identification system. It states that India has selected the company Accenture, L-1 Identity Solutions Inc. and the company Mahindra Satyam for the project. The companies...

  • L-1 To Acquire Biometric Access Control Firm Bioscrypt.  // Defense Daily International;1/11/2008, Vol. 9 Issue 2, p5 

    The article reports on the decision of L-1 Identity Solutions to acquire Bioscrypt Inc., a Canadian-based firm specializing in biometric access control primarily for commercial customers. The transaction is valued at about $44 million in a stock-for-stock transaction. The deal, which is expected...

  • Mission impossible: L-1 to debut at top? Soule, Alexander // Fairfield County Business Journal;7/31/2006, Vol. 45 Issue 31, p4 

    The article reports that Westport, Connecticut resident Bob LaPenta is organizing the Stamford, Connecticut-based biometrics firm L-1 Identity Solutions through several acquisitions. Its latest acquisition is New Jersey iris-scanning pioneer Iridian Technologies. The company, which has been...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics