Verimatrix : Q3 sales beat forecasts, a significant improvement in profitability anticipated for 2020
>Growth of 11% in Q3, after a negative H1 - Verimatrix has reported Q3 2020 sales of $ 26.3m, up 11% vs the Q3 2019 performance (pro forma). This figure even beat our forecast of $ 24m. Recurring revenues, derived from royalties, maintenance contracts and subscriptions came in at $ 12m, i.e. 48% of total sales. ARR (annual recurring revenue) came in at $ 8.8m at end Q3 2020. Revenues at the software and services activity were $ 13.7m, +53% y-o-y. The group notably ga...Inside Secure designs, develops and sells software, silicon IP, tools and know-how to be integrated into mobile and connected devices to protect its customers' transactions, content, applications, and communications. Co. is serving markets such as: network security; IoT security; content & application protection; and mobile payment & banking. Co.'s technology protects solutions for a broad range of customers including: service providers; digital content distributors; security system integrators; device vendors; and semiconductor manufacturers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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