Intellicheck Mobilisa Announces Fourth Quarter and Year-End 2016 Financial Results
Summary
“ The events of recent months have given us great confidence that our technology solutions are the right ones to help companies, in market verticals ranging from retail to finance, address costly problems at a critical time. Widespread hacking and the compromising of personal data has had a dramatic impact on a wide variety of high profile financial institutions and iconic brands,” said Intellicheck CEO Dr. William Roof. The financial results reported today do not take into account any adjustments that may be required in connection with the completion of the Company’s review process and should be considered preliminary until Intellicheck Mobilisa files its Form 10-K for the fiscal year ended December 31, 2016. A reconciliation of GAAP net loss to Adjusted EBITDA follows: The Company will hold an earnings conference call today, March 30, 2017, at 1:00 p.m. EDT/10:00 a.m. PT to discuss operating results. Intellicheck Mobilisa is the industry leader in technology solutions that are the "antivirus" to the epidemic of counterfeit IDs providing virtual instant threat identification and identity credentials authentication.
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