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 October 27, 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 October 25 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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