* VerifyMe Inc reported a quarterly adjusted loss of 23 cents per share for the quarter , lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of two analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -12 cents to -9 cents per share.
* Revenue fell 3% to $5.44 million from a year ago; analysts expected $5.23 million.
* VerifyMe Inc's reported EPS for the quarter was a loss of 23 cents.
* The company reported a quarterly loss of $2.42 million.
* VerifyMe Inc shares had fallen by 12.6% this quarter and gained 11.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 10.5% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for VerifyMe Inc is 1.50 This summary was machine generated from LSEG data November 12 at 03:37 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.10 -0.23 Missed
Jun. 30 2024 -0.09 -0.03 Beat
Mar. 31 2024 -0.10 -0.05 Beat
Dec. 31 2023 -0.03 0.00 Beat
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