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home / news releases / VRME - VerifyMe Q4 revenue expected to exceed consensus

VRME - VerifyMe Q4 revenue expected to exceed consensus

VerifyMe Inc.

  • VerifyMe ( NASDAQ: VRME ) said its Q4 revenue is expected to be about ~$9.7M, compared to $0.3M last year and $5.2M in Q3.
  • The Q4 consensus revenue stands at $6.75M.
  • The Q4'21 revenue did not include PeriShip Global acquisition. Q4 is traditionally the highest revenue quarter for PeriShip segment, primarily due to the holiday season, the software-driven logistics company said.
  • VRME expects cash of $3.3M as of Dec. 31, 2022.
  • The company expects to achieve positive EBITDA in Q4, with adjustments consistent with Q3.
  • VRME shares were trading +0.01% pre-market.
  • Source: Press Release

For further details see:

VerifyMe Q4 revenue expected to exceed consensus
Stock Information
Company Name: VerifyMe Inc.
Stock Symbol: VRME
Market: OTC
Website: verifyme.com
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