Brief: Verimatrix Q1 Revenue Down At $12.7 Mln

Verimatrix SA

28/04/2022 17:25

April 28 (Reuters) - Verimatrix SA  VMX.PA :
    * NEAR-STABILIZATION OF MAINTENANCE REVENUE VERSUS. PREVIOUS
QUARTERS
    * RECORDED TOTAL REVENUE OF $12.7 MILLION (VERSUS. $20.1
MILLION
THE YEAR BEFORE) IN Q1
    * IN Q1, NON-RECURRING REVENUE FELL 51% TO $6.5 MILLION,
DRIVEN
MAINLY BY A DECREASE IN PERPETUAL LICENSES SALES
    * ANNUAL OBJECTIVE MAINTAINED
    * MOST INDICATORS ARE ENCOURAGING SIGNS THAT VERIMATRIX CAN
SUCCESSFULLY COMPLETE ITS TRANSITION AND ACHIEVE ITS OBJECTIVE
FOR 2022 AND BEYOND - CEO

Source text for Eikon:  ID:nBw4JVpVVa 
Further company coverage:  VMX.PA 

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