Brief: Verimatrix End-Dec Cash And Cash Equivalents Down At $22.6 million

Verimatrix SA

14/03/2024 17:08

March 14 (Reuters) - Verimatrix SA  VMX.PA :
    * CASH AT END OF PERIOD OF $22.6M AT PERIOD-END
    * OUTLOOK FOR 2024: TRANSFORMATION OF OFFERS AND MARKETING
MODEL
OVER LAST THREE YEARS TO SHOW RESULTS
    * OUTLOOK FOR 2024: CONTINUED STRONG GROWTH IN NEW OFFERINGS
IN
EXTENDED THREAT DEFENSE BUSINESS (XTD)
    * OUTLOOK FOR 2024 : CONTINUOUS IMPROVEMENT EXPECTED IN
EBITDA
THANKS TO GROWTH IN RECURRING REVENUE IN GROUP'S TWO BUSINESS
ACTIVITIES
    * OUTLOOK 2024: ARR FROM SUBSCRIPTIONS UP MORE THAN 20%
    * FY ADJUSTED NET LOSS EUR 10.1 MILLION VERSUS LOSS EUR 9.6
MILLION YEAR AGO

Source text for Eikon:  ID:nBw4B7ryBa 
Further company coverage:  VMX.PA 

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