VERIMATRIX Announces the Initiation of Coverage of Its Stock by Portzamparc

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AIX-EN-PROVENCE, France & SAN DIEGO–(BUSINESS WIRE)–Regulatory News:

VERIMATRIX (Euronext Paris: VMX, FR0010291245), the leader in powering the modern connected world with people-centered security, today is pleased to announce the initiation of coverage by Portzamparc.

Portzamparc initiates the coverage of VERIMATRIX with a study entitled: ยซTowards recurring and protected income ยป, giving a BUY recommendation and a Target Price of โ‚ฌ 0.55, compared to a closing price of โ‚ฌ 0.45 on May 31, 2024.

The research will be available on the VERIMATRIX website: https://investors.verimatrix.com/

VERIMATRIX will also participate to the MID & SMALL CAPS conference organized by Portzamparc, on June 11, 2024.

This coverage will improve the stock market visibility and enrich the consensus of financial analysts, with ODDO BHF, which already covers the stock.

Upcoming events:

Shareholdersโ€™ Meeting: 13 June

Publication of H2 2024 revenue and results: 25 July 2024 (after market)

About Verimatrix

Verimatrix (Euronext Paris: VMX) helps power the modern connected world with security made for people. We protect digital content, applications, and devices with intuitive, people-centered and frictionless security. Leading brands turn to Verimatrix to secure everything from premium movies and live streaming sports, to sensitive financial and healthcare data, to mission-critical mobile applications. We enable the trusted connections our customers depend on to deliver compelling content and experiences to millions of consumers around the world. Verimatrix helps partners get to market faster, scale easily, protect valuable revenue streams, and win new business. Visit https://www.verimatrix.com/.

Contacts

Verimatrix Investors Contacts:
Jean-Franรงois Labadie

Chief Financial Officer

[email protected]

SEITOSEI.ACTIFIN

Mathilde Guillemot-Costes

[email protected]

Verimatrix Media Contacts:
USA

Matthew Zintel, Zintel

Public Relations

[email protected]

Financial press
SEITOSEI.ACTIFIN

Michael Scholze

[email protected]

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