Brief: Verimatrix Upgrades Its 2021 EBITDA Margin Objective To 26.5% Of Revenue

Verimatrix SA

29/07/2019 06:10

July 29 (Reuters) - VERIMATRIX SA  VMX.PA :
    * VERIMATRIX ANNOUNCES STRONG FIRST-HALF 2019 RESULTS
    * H1 CONSOLIDATED REVENUE (IFRS) $ 52.9 MILLION VERSUS $
22.5
MILLION YEAR AGO
    * VERIMATRIX UPGRADED ITS 2021 EBITDA MARGIN OBJECTIVE(6) TO
26.5%
OF REVENUE (COMPARED WITH 25% INITIALLY), WITH AN UNCHANGED
REVENUE TARGET OF $150 MILLION IN 2021
    * H1 PRO FORMA EBITDA $ 10.0 MILLION VERSUS $ 6.0 MILLION
YEAR AGO

Source text for Eikon:  ID:nBw6hrBf2a 
Further company coverage:  VMX.PA 

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