Verimatrix : The Big Reset
>An accelerated transition to SaaS which should pay off, but weigh on performance in the short term. Downgrade to Neutral - Yesterday, in addition to H1 2021 results, Verimatrix announced 1/ a downward revision to its $ 100m revenue target for 2021 to $ 75m excluding NFC licences ($ 90m with), 2/ a strategic decision to accelerate the transition to SaaS, to achieve its target of 70% of recurring revenue in 2024 (vs 33% currently), 3/ the signature of 4 NFC licences fo...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.