VerifyMe Q1 EPS $(0.05) Compared To $(0.17) Per Share YoY, Sales $5.76M Beat $5.50M Estimate

5/14/24 8:05:33 AM ET

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VerifyMe (NASDAQ:VRME) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.14) by 64.29 percent. This is a 54.55 percent increase over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $5.76 million which beat the analyst consensus estimate of $5.50 million by 4.71 percent. This is a 1.73 percent increase over sales of $5.66 million the same period last year.

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VerifyMe Reports Third Quarter 2024 Financial Results
Quarterly revenue of $5.4 million in Q3 2024, compared to $5.6 million in Q3 2023Gross Profit of $1.9 million or 35% in Q3 2024, compared to $2.0 million or 37% in Q3 2023Net loss of ($2.4) million in Q3 2024, including $1.8M of one-time adjustments, compared to a net loss of ($0.9) million in Q3 2023Adjusted EBITDA1 of $0.2 million in Q3 2024, compared to Adjusted EBITDA of $0.2 million in Q3 2023LAKE MARY, Fla., Nov. 12, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature
11/12/24 8:00:00 AM ET
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VerifyMe to Report Third Quarter 2024 Financial Results on November 12, 2024
LAKE MARY, Fla., Nov. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the third quarter ended September 30, 2024 on November 12, 2024. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared rem
11/7/24 8:00:00 AM ET
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VerifyMe Reports Second Quarter 2024 Financial Results
Quarterly revenue of $5.4 million in Q2 2024, compared to $5.3 million in Q2 2023Gross Profit of $2.1 million or 39% in Q2 2024, compared to $1.6 million or 30% in Q2 2023, an increase of 32%Net loss of ($0.3) million in Q2 2024, compared to a net loss of ($0.9) million in Q2 2023Adjusted EBITDA(1) of $0.2 million in Q2 2024, compared to Adjusted EBITDA loss of ($0.4) million in Q2 2023LAKE MARY, Fla., Aug. 13, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive lo
8/13/24 8:00:00 AM ET
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VerifyMe Reports Third Quarter 2024 Financial Results
Quarterly revenue of $5.4 million in Q3 2024, compared to $5.6 million in Q3 2023Gross Profit of $1.9 million or 35% in Q3 2024, compared to $2.0 million or 37% in Q3 2023Net loss of ($2.4) million in Q3 2024, including $1.8M of one-time adjustments, compared to a net loss of ($0.9) million in Q3 2023Adjusted EBITDA1 of $0.2 million in Q3 2024, compared to Adjusted EBITDA of $0.2 million in Q3 2023LAKE MARY, Fla., Nov. 12, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature
11/12/24 8:00:00 AM ET
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VerifyMe to Report Third Quarter 2024 Financial Results on November 12, 2024
LAKE MARY, Fla., Nov. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the third quarter ended September 30, 2024 on November 12, 2024. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared rem
11/7/24 8:00:00 AM ET
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VerifyMe Reports Second Quarter 2024 Financial Results
Quarterly revenue of $5.4 million in Q2 2024, compared to $5.3 million in Q2 2023Gross Profit of $2.1 million or 39% in Q2 2024, compared to $1.6 million or 30% in Q2 2023, an increase of 32%Net loss of ($0.3) million in Q2 2024, compared to a net loss of ($0.9) million in Q2 2023Adjusted EBITDA(1) of $0.2 million in Q2 2024, compared to Adjusted EBITDA loss of ($0.4) million in Q2 2023LAKE MARY, Fla., Aug. 13, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive lo
8/13/24 8:00:00 AM ET
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VerifyMe Appoints new Chief Executive Officer
LAKE MARY, Fla., May 31, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability and monitoring, authentication, anti-counterfeiting, and data-rich consumer engagement services, announced today that Adam Stedham has been appointed Chief Executive Officer. Mr. Stedham, who joined the Board of VerifyMe in April 2022 ha
5/31/23 8:00:00 AM ET
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VerifyMe Announces Leadership Change
LAKE MARY, Fla., March 16, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability and monitoring, authentication, and data-rich consumer engagement services, announced today that Patrick White has agreed to leave the Company to pursue other opportunities. Scott Greenberg, Executive Chairman will perform the duties of Chief Executive Officer to provide seamless leadership continuity until the Board appoints the new Chief Executive
3/16/23 8:00:00 AM ET
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VerifyMe Announces Retirement of Chairman Norman Gardner and Appoints Scott Greenberg as Chairman of the Board
ROCHESTER, NY / ACCESSWIRE / April 22, 2021 / VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company"), a provider of comprehensive brand protection and customer engagement solutions that combine ultra-secure product authentication, track and trace, and customized engagement strategies with industry-leading online retail monitoring capabilities, today announced the appointment of existing Board member Scott Greenberg becoming Chairman of the Board. Founder and Chairman Norman Gardner is retiring from the VerifyMe Board of Directors for health reasons, effective April 21, 2021.Norman is the founder of the Company as well as the inventor of the Company's core anti-counterfeitin
4/22/21 8:30:00 AM ET
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12 Information Technology Stocks Moving In Monday's Pre-Market Session
Gainers Ostin Technology Group (NASDAQ:OST) shares increased by 10.1% to $0.46 during Monday's pre-market session. The market value of their outstanding shares is at $6.8 million. Airgain (NASDAQ:AIRG) stock increased by 8.93% to $5.61. The market value of their outstanding shares is at $60.4 million. VerifyMe (NASDAQ:VRME) stock increased by 8.72% to $1.62. The market value of their outstanding shares is at $16.4 million. Sobr Safe (NASDAQ:SOBR) shares rose 8.32% to $0.24. The market value of their outstanding shares is at $4.7 million. SEALSQ (NASDAQ:LAES) shares increased by 7.7% to $1.08. The market value of their outstanding shares is at $26.1 million. Syntec Optics Holdings (NASD
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Barrington Research Maintains Outperform on VerifyMe, Lowers Price Target to $1.7
Barrington Research analyst Michael Petusky maintains VerifyMe (NASDAQ:VRME) with a Outperform and lowers the price target from $2 to $1.7.
5/24/24 9:18:53 AM ET
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12 Information Technology Stocks Moving In Friday's Pre-Market Session
Gainers Ostin Technology Group (NASDAQ:OST) shares moved upwards by 9.6% to $0.46 during Friday's pre-market session. The company's market cap stands at $6.8 million. Sobr Safe (NASDAQ:SOBR) stock increased by 7.73% to $0.24. The market value of their outstanding shares is at $4.7 million. The9 (NASDAQ:NCTY) stock moved upwards by 7.63% to $9.31. The market value of their outstanding shares is at $61.8 million. Syntec Optics Holdings (NASDAQ:OPTX) shares rose 7.53% to $3.21. The market value of their outstanding shares is at $117.7 million. VerifyMe (NASDAQ:VRME) stock moved upwards by 7.38% to $1.6. The market value of their outstanding shares is at $16.2 million. VNET Gr (NASDAQ:VNET
5/24/24 8:07:06 AM ET
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VerifyMe Q1 EPS $(0.05) Compared To $(0.17) Per Share YoY, Sales $5.76M Beat $5.50M Estimate

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Recent Analyst Ratings for $VRME

$VRME Insider Purchases

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CEO and President Stedham Adam H bought $1,900 worth of shares (2,000 units at $0.95), increasing direct ownership by 0.96% to 210,004 units (SEC Form 4)

Laffer Arthur B bought $15,100 worth of shares (11,095 units at $1.36), increasing direct ownership by 3% to 279,911 units (SEC Form 4)

Stedham Adam H bought $15,019 worth of shares (14,441 units at $1.04), increasing direct ownership by 9% to 169,909 units (SEC Form 4)

$VRME Insider Trading

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CEO and President Stedham Adam H bought $1,900 worth of shares (2,000 units at $0.95), increasing direct ownership by 0.96% to 210,004 units (SEC Form 4)

SVP, Technology and CIO Wang Jack converted options into 13,333 shares and covered exercise/tax liability with 2,133 shares, increasing direct ownership by 43% to 37,027 units (SEC Form 4)

VP-Ops, PeriShip Global LLC Volk Fred Iii converted options into 13,333 shares and covered exercise/tax liability with 3,073 shares, increasing direct ownership by 24% to 52,630 units (SEC Form 4)

$VRME Large Ownership Changes

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SEC Form SC 13D/A filed by VerifyMe Inc. (Amendment)

SEC Form SC 13D filed by VerifyMe Inc.

$VRME Press Releases

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VerifyMe Reports Third Quarter 2024 Financial Results

VerifyMe to Report Third Quarter 2024 Financial Results on November 12, 2024

VerifyMe Reports Second Quarter 2024 Financial Results

$VRME SEC Filings

$VRME Financials

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$VRME Leadership Updates

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SEC Form 10-Q filed by VerifyMe Inc.

VerifyMe Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Costs Associated with Exit or Disposal Activities, Material Impairments, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by VerifyMe Inc.

VerifyMe Reports Third Quarter 2024 Financial Results

VerifyMe to Report Third Quarter 2024 Financial Results on November 12, 2024

VerifyMe Reports Second Quarter 2024 Financial Results

VerifyMe Appoints new Chief Executive Officer

VerifyMe Announces Leadership Change

VerifyMe Announces Retirement of Chairman Norman Gardner and Appoints Scott Greenberg as Chairman of the Board

$VRME Market Insights

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12 Information Technology Stocks Moving In Monday's Pre-Market Session

Barrington Research Maintains Outperform on VerifyMe, Lowers Price Target to $1.7

12 Information Technology Stocks Moving In Friday's Pre-Market Session

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