Investing.com - VerifyMe reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
VerifyMe announced earnings per share of $-0.060 on revenue of $5.22M. Analysts polled by Investing.com anticipated EPS of $-0.050 on revenue of $5.25M.
VerifyMe shares are down 4.96% from the beginning of the year and are trading at $1.190 , down-from-52-week-high.
VerifyMe shares lost 8.47% in intra-day trade the report.
VerifyMe follows other major Information Technology sector earnings this month
VerifyMe's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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