- 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