VerifyMe, Inc. (VRME) Reports Q3 Loss, Lags Revenue Estimates
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VerifyMe, Inc. (VRME) reported a Q3 loss of $0.06 per share, which was better than the Zacks Consensus Estimate of a $0.09 loss. However, the company lagged in revenue estimates.
November 12, 2024 | 3:45 pm
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VerifyMe, Inc. reported a Q3 loss of $0.06 per share, better than the expected $0.09 loss, but missed revenue estimates.
The company's EPS was better than expected, which is positive, but missing revenue estimates could offset this. The mixed results create uncertainty in short-term stock movement.
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