MorphoTrust USA Jobs & Careers in Bloomington, MN

Hiring? Post a Job
1 job opening Back to all jobs

Show:  All Results Last 7 Days
30+ days ago

Principal Java Software Engineer

MorphoTrust USA Bloomington, MN

Responsible for integration of biometric technologies in software modules or applications. Plans and… Glassdoor


MorphoTrust USA Reviews

33 Reviews
2.4
33 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Robert Eckel
21 Ratings
  1. 2 people found this helpful  

    Anyone who thinks MorphoTrust is growing needs to do their homework.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant in Bloomington, MN
    Former Employee - Consultant in Bloomington, MN

    I worked at MorphoTrust USA as a contractor (more than an year)

    Pros

    According to Hoover's D&B Revenue & Financial, privately held MorphoTrust is EPS neutral, which means it is now just breaking even. See the cut&paste in the Cons section below. EPS neutral means NO profit & NO loss. Former publicly traded companies(L1-ID, Identix, Visionix, Digital Biometric) combined in this MorphoTrust amalgam were EPS negative, based on S&P reports that just about every stock broker provides these days. And EPS negative means quarterly losses and negative cash flow.

    In my experience, this meant low morale, as there was constant turn-over and lay-offs, and so unless you are well-connected with middle or higher management don't expect longevity out of this company that is not financially stable enough to provide longevity to most of its rank and file. As a new hire, you must expect to continually work at high levels of performance with no rewards financially or otherwise intangibly.

    Most of the MorphTrust marketing folks I knew constantly complained that the Federal and state customers had the leverage to force price concessions to the point where MorphoTrust could not generate enough income to cover its expenses. So until such time as this situation changes, don't expect a trend of consistently increasing EPS that characterizes a growth company to materialize.

    Because of the Federal and state price leverage, former high level management(Bob La Penta) took the strategy of consolidating all the former biometric companies into this amalgam with the ultimate intent of selling off the amalgam to some other company, and this is what happened when Safran SA of France acquired this amalgam.

    Cons

    MorphoTrust USA, Inc. Revenue and Financial Data

    MorphoTrust USA builds trust with its credentials and biometrics-based recognition systems. MorphoTrust provides driver's licenses, passports, voter, and other government and corporate-issued IDs, as well as related data verification systems. Its biometrics products include face, finger, and iris recognition scanners. The company, which operates in all 50 states, serves US federal, state, and local governments, and commercial entities; government contracts represent about 95% of revenues. In addition to its contract-based services, MorphoTrust operates a network of more than 1,200 ID service centers. It is a subsidiary of Paris-based aerospace components maker SAFRAN.

    Financials Information for MorphoTrust USA, Inc.

    Track this company’s financial condition.
    View Company Report
    Request Your Free Trial

        Income Statement
        Credit Rating

    Income Statement
    Revenue $106.2
    Gross Profit $0
    Operating Income $0
    Net Income $0
    Diluted EPS $0

    Advice to ManagementAdvice

    Make this company profitable - whatever it takes - and this means don't give the product away at a cost less than break-even - but at a price that generate a suitable profit margin.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

Work at MorphoTrust USA? Share Your Experiences

MorphoTrust USA

 
Click to Rate
or