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

VerifyMe

11/05/2022 14:39

* VerifyMe Inc  VRME.OQ  reported a quarterly adjusted loss
of 19
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 14 cents per
share.
    * Revenue fell 14.4% to $161.00 thousand from a year ago; 
analysts expected $200.00 thousand. 
    * VerifyMe Inc's reported EPS for the quarter was a loss
of 19
cents​.
    * The mean earnings estimate of analysts had risen by
about 22.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * VerifyMe Inc shares had fallen by 24.0% this quarter and
lost 19.4% so far this year.
    * The company reported a quarterly loss of $1.39 million.
    * Wall Street's median 12-month price target for VerifyMe
Inc is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 11 at 01:39 p.m.  ​All
figures in US dollars unless otherwise stated