Verimatrix : Stabilised accounts in 2023 amid transition to SaaS model
>Q4/FY revenues a tad ahead of expectations thanks to recurring revenue growth and good performance from perpetual licence sales - Verimatrix reported Q4 and FY 2023 results slightly ahead of our expectations. FY 2023 revenues come in at $ 61.6m (vs ODDO BHF $ 60m), up just 1% vs 2022. This implies $ 17.0m in Q4 revenues, up 6% YoY. This relatively good performance is attributable to 1/ 7% growth in non-recurring revenues, including $ 3.7m in subscriptions (+32%) and ...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.