VerifyMe (NASDAQ: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.
