VerifyMe Beats Q2 Loss Revenue Drops 16%

VerifyMe (NASDAQ:VRME), a provider of logistics technology and authentication solutions for high-value and sensitive shipments, reported second quarter results on August 13, 2025. The company posted GAAP revenue of $4.52 million and a GAAP loss per share of ($0.02), both GAAP EPS and revenue results came in better than market expectations. GAAP revenue was still 16.7% below the prior year's level, while GAAP earnings per share improved from a ($0.03) loss in Q2 2024. The company also delivered stronger operating profitability with increased adjusted EBITDA (non-GAAP) and a jump in cash levels. Despite surpassing estimates, the period showed clear signs of pressure on revenue and gross margins due to lost customer contracts. Operational efficiency improvements and higher cash generation partly offset these challenges.

Source: Analyst estimates for the quarter provided by FactSet.

VerifyMe delivers technological and data solutions for precision logistics with a core focus on managing time- and temperature-sensitive shipments, vital for industries like healthcare and food. It also operates in authentication and brand protection, helping clients secure their products against counterfeiting.

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Source Fool.com