VerifyMe VRME reported its Q3 earnings results on Wednesday, November 8, 2023 at 08:10 AM.
Here's what investors need to know about the announcement.
Earnings
VerifyMe beat estimated earnings by 40.0%, reporting an EPS of $-0.06 versus an estimate of $-0.1.
Revenue was up $389 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 6.09% drop in the share price the next day.
Here's a look at VerifyMe's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.09 | -0.03 | -0.15 |
| EPS Actual | -0.11 | -0.11 | 0.01 | -0.06 |
| Revenue Estimate | 6.00M | 5.50M | 8.35M | 5.25M |
| Revenue Actual | 5.33M | 5.66M | 9.70M | 5.21M |
To track all earnings releases for VerifyMe visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
