Wave Reports Q1 Revenues of $5.8 Million and Reviews Recent Developments
LEE, MA — (Marketwired) — 05/09/13 — Wave Systems Corp. (NASDAQ: WAVX), the Trusted Computing company, today reported financial results for its first quarter ended March 31, 2013 (Q1 -13) and updated investors on its business strategy and recent developments.In Q1 -13 Wave-s total net revenues declined to $5.8 million, compared to $7.0 million in Q1 -12 and $7.1 million in Q4 -12. The decrease was principally due to continued reductions in OEM software bundling revenue which declined by $1.4
