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home / news releases / VRME - VerifyMe expects significant Q4 revenue growth above consensus estimates

VRME - VerifyMe expects significant Q4 revenue growth above consensus estimates

VerifyMe Inc.
  • VerifyMe ( NASDAQ: VRME ) estimates Q4 revenue to be ~$9.7M compared to $0.3M in prior year quarter and $5.2M in Q3; Q4 is highest revenue quarter for the company's PeriShip Global Solutions segment is mainly due to the holiday season.
  • Guidance for VerifyMe Solutions segment was at least 50% growth per annum and in 2022 prelim unaudited revenue is 60% growth compared to 2021.
  • As of Dec.31, 2022, cash is expected to be $3.3M.

For further details see:

VerifyMe expects significant Q4 revenue growth above consensus estimates
Stock Information
Company Name: VerifyMe Inc.
Stock Symbol: VRME
Market: OTC
Website: verifyme.com
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