Verimatrix : Sharp downturn in Q1 2022, in the midst of a transformation
>$ 12.7m in Q1 2022 (-37%), falling short of expectations - Verimatrix’s Q1 2022 revenues dropped by 37% y-o-y to $ 12.7m, which is far lower than we expected ($ 15.8m, -21% y-o-y). This steep decline was partly the result of a high comparison base for license sales, which had enjoyed a catch-up effect in Q1 2021. Non-recurring revenue, which also includes royalties, therefore dropped by 51% y-o-y over the period to $ 6.5m. Setting base effects aside, this performance...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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