VerifyMe, Inc. Provides Revenue Guidance for the Second Quarter and Full Year of 2022
May 11, 2022 at 07:00 am
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VerifyMe, Inc. provided revenue guidance for the second quarter and full year of 2022. For the quarter, the company expects revenue to have significant organic and acquisition growth.
For the full year, the company expects revenue will see organic year over year triple digit growth.
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.