Verimatrix : Q2 above our forecasts thanks to Licences. Smooth transition at this stage
>Q2 2022 at $16.2m, up +4.3% y/y, above our expectations - In Q2 2022, Verimatrix's sales came out at $ 16.2m, up 4.3%, above our expectations (ODDO BHF $ 14.2m, -8.5%). This implies a sequential improvement compared to a Q1 which had suffered from an unfavourable comparison base, a drop in B2B investments and the transformation towards SaaS. This beat is therefore reassuring even if it is mainly explained by a return to growth in non-recurring revenues (+3% after -51...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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