VerifyMe, Inc. Provides Earnings Guidance for the Fourth Quarter Ended December 31, 2022
February 21, 2023 at 08:18 am EST
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VerifyMe, Inc. provided earnings guidance for the fourth quarter ended December 31, 2022. The company expects to report revenue for the fourth quarter of fiscal 2022 of approximately $9.7 million, compared to $0.3 million in fourth quarter of 2021.
VerifyMe, Inc. together with its subsidiaries, PeriShip Global, LLC (PeriShip Global) and Trust Codes Global Limited (Trust Codes Global), is a traceability and customer support services provider using specialized software and process technology. Its segments include Precision Logistics and Authentication. The Precision Logistics and Authentication segments provide specialized logistics for time-and-temperature sensitive products, as well as item level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. The Precision Logistics segment specializes in predictive analytics for optimizing delivery of time and temperature- sensitive perishable products. The Precision Logistics segment includes bundled services, such as PeriTrack, Service Center, Pre-Transit Service, Post-Delivery, and Weather/Traffic Service. The Authentication segment specializes in traceability to connect brands with consumers through their products.
VERIFYME, INC. 
