VerifyMe Inc reports results for the quarter ended in December - Earnings Summary

VerifyMe

28/03/2023 14:31

* VerifyMe Inc  VRME.OQ  reported quarterly adjusted
earnings of 1
cent​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 4
cents per share.
    * Revenue rose 3,705.1% to $9.70 million from a year ago;
analysts
expected $8.35 million. 
    * VerifyMe Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had risen by
about 41.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * VerifyMe Inc shares had risen by 34.5% this quarter.
    * The company reported quarterly net income of $108
thousand.
    * Wall Street's median 12-month price target for VerifyMe
Inc is
$3.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 28 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.03          0.01           Beat
 Sep. 30 2022      -0.15          -0.06          Beat
 Jun. 30 2022      -0.34          -1.53          Missed
 Mar. 31 2022      -0.14          -0.19          Missed