Verizon to cut 15,000 jobs amid growing competition pressures - WSJ
VerifyMe, Inc. (NASDAQ:VRME) reported that Dr. Arthur Laffer resigned as a director of the company on Wednesday, effective immediately. According to a statement included in a press release and SEC filing, Dr. Laffer’s resignation was not due to any disagreement with the company regarding its operations, policies, or practices.
In connection with this change, the company’s board of directors appointed David Edmonds to serve as a member of the audit committee, effective Friday.
VerifyMe, Inc. is incorporated in Nevada and is headquartered in Lake Mary, Florida. The company’s common stock is listed on the Nasdaq Capital Market under the ticker symbol VRME.
This information is based on a company press release statement and a filing with the Securities and Exchange Commission.
In other recent news, VerifyMe Inc. announced its second-quarter earnings for 2025, revealing a better-than-anticipated performance in earnings per share (EPS). The company reported an EPS of -$0.02, which exceeded the analysts’ forecast of -$0.07. However, VerifyMe’s revenue for the quarter was $4.5 million, falling short of the expected $4.81 million. Despite the revenue miss, the company’s stock saw a notable increase in pre-market trading, indicating positive investor sentiment. These developments highlight the mixed financial results for VerifyMe, showcasing a successful earnings beat alongside a revenue shortfall.
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