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

VerifyMe

11/11/2022 05:09

* VerifyMe Inc  VRME.OQ  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for a loss of 15
cents per share.
    * Revenue rose 1,638.3% to $5.22 million from a year ago;
analysts
expected $5.25 million. 
    * VerifyMe Inc's reported EPS for the quarter was a loss
of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 200%
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 risen by 1.6% this quarter and
lost 59.1% so far this year.
    * The company reported a quarterly loss of $557 thousand.
    * Wall Street's median 12-month price target for VerifyMe
Inc is
$7.50 
    * 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 Refinitiv data November
11 at 05:09 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.15          -0.06          Beat
 Jun. 30 2022      -0.34          -1.53          Missed
 Mar. 31 2022      -0.14          -0.19          Missed
 Dec. 31 2021      -0.20          -0.14          Beat