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Verimatrix Announces Q1 2021 Revenue


Verimatrix Announces Q1 2021 Revenue
Subscription revenue up 23% year-on-year, now representing 7% of total revenue
Annual Recurring Revenue
Strong license revenue (up 41% year-over-year) included a portion of delayed Q4 2020 orders
Company on track to achieve annual objectives
Regulatory News:
Verimatrix (Paris:VMX) (Euronext Paris: VMX), is today reporting its consolidated (IFRS) revenue for the first quarter period ended March 31, 2021.
(in US$ million)
Commenting on the first quarter, Amedeo D Angelo, Chairman and Chief Executive Officer of Verimatrix,
stated: In the first quarter of 2021, Verimatrix delivered stable revenue despite headwinds in royalties in the context of Covid-19 and the short-term impact of the transition to our subscription business including for SaaS implementations. During the quarter, we saw good momentum in signing new licenses in general and were able to regain part of the new licenses that had been delayed in ....

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Verimatrix Takes Home Two 2021 Gold Cybersecurity Excellence Awards


Verimatrix Takes Home Two 2021 Gold Cybersecurity Excellence Awards
Regulatory News:
Verimatrix, (Paris:VMX) (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced it won two gold awards in this year s Cybersecurity Excellence Awards program.
Verimatrix Multi-DRM won in the Digital Rights Management (North America) category while Verimatrix s Application Shielding suite of products were recognized in the Automotive Security IoT (North America) category. It marks the third straight year the company has received honors from the award program that pays tribute to a wide variety of cybersecurity companies spanning the world s largest vendors to the most recent startups. Verimatrix s code shielding and embedded security capabilities picked up kudos in previous years. ....

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