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Virnetx Holding Corp  (NYSE: VHC)
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Virnetx Holding Corp

VHC's Financial Statements and Analysis



Virnetx Holding Corp narrowed second quarter of 2024 net loss per share of $-1.07 compare to net loss per share of $-3.20 recorded in the same quarter a year ago and improved compare to net loss per share of $-1.19 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -1.07 $  0 Mill
$+2.13     Unch.     -50 %



Virnetx Holding's Revenue fell by -50 % in second quarter of 2024 (Jun 30 2024) year on year, to $0 million and declined by -50 % sequentially.


Virnetx Holding is

More on VHC's Income Statement



Virnetx Holding in the second quarter of 2024 recorded net loss of $-3.830 million, an improvement compare to net loss of $-11.379 million in II. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-4.291 million realized in previous quarter.

More on VHC's Growth

Virnetx Holding Inventories
In Jun 30 2024 company's net cash and cash equivalents decreased by $-1 million

More on VHC's Cash flow Statement


Virnetx Holding Corp payed out dividend of $19.98 per share in last 52 weeks

In trailing twelve-month period Virnetx Holding Corp payed $ -4.70 cash per share, on a free-cash flow basis .

Book value fell by -5.87 % sequentially to $13.58 per share, -2.87% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 13.58 per share from $ 14.43.

Company repurchased 0.02 million shares or 0.64 % in Jun 30 2024.


More on VHC's Dividends

 Market Capitalization (Millions) 33
 Shares Outstanding (Millions) 4
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -20
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 19.98 $
 Dividend Yield TTM (%) 215.3 %
 Employees (TTM) $ 13




Virnetx Holding Corp payed out dividend of $19.98 per share in the last 52 weeks

In trailing twelve-month period Virnetx Holding Corp had negative $ -4.70 cash flow per share, on a free-cash flow basis .

Book value fell by -5.87 % sequentially to $13.58 per share, -2.87% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 13.58 per share from $ 14.43.

Company repurchased 0.02 million shares or 0.64 % in Jun 30 2024.


More on VHC's Balance Sheets

 Market Capitalization (Millions) 33
 Shares Outstanding (Millions) 4
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -20
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 19.98 $
 Dividend Yield TTM (%) 215.3 %
 Employees (TTM) $ 13
   


  News about Virnetx Holding Corp Earnings

Virnetx Holding Corp Struggles to Reverse Fortunes in First Quarter of 2024



As we delve into the financial results of Virnetx Holding Corp for the fiscal first quarter of 2024, it becomes evident that the company continues to face significant hurdles. With a continued trajectory of losses, stagnant revenues, and a declining stock performance, Virnetx Holding Corp finds itself under pressure to reverse its fortunes. Here, we analyze the latest financial results and provide insights into the company's current standing.
Financial Performance:
In the fiscal first quarter of 2024, Virnetx Holding Corp sustained a loss of $-1.19 per share compared to $-1.20 in the same reporting season a year ago. While this indicates a marginal improvement, it is somewhat overshadowed b...

Virnetx Holding Corp Thrives Amid Market Challenges with Improved Financial Numbers

The stock market is a constantly evolving and unp...

Virnetx Holding Corp Shatters Expectations: Revenue Surge in Third Quarter of 2023



Virnetx Holding Corp, a technology company specializing in secure communications and networking solutions, recently released its third-quarter financial report for 2023. The results highlighted a rise in losses, primarily attributed to weak demand. This article aims to interpret these financial results and explore their potential impact on the company's future prospects.
Rise in Losses and Declining Revenue:
In the third quarter of 2023, Virnetx Holding Corp experienced a significant increase in net loss per share. The figure rose from $-0.06 to $-1.36, reflecting a challenging operating environment. The company's revenue also plummeted, falling to $0.00 million compared to the same period ...

VHC Reports Soaring Losses In April-June 2023 Fiscal Period\Virnetx Holding Corp's Stock Sees Slight Recovery but Year-to-Date Plunges by 67%

Over the course of the last five trading days, the stock of Virnetx Holding Corp has shown a slight improvement of 0.36%. However, when looking at the year-to-date performance, the stock has experienced a signifi...

VHC Plummets: Revenue Falls to Zero Million, Net Loss Widens by 90% in Q1 2023

Virnetx Holding Corp (VHC) has been experiencing a downwards trend late...


Date modified: 2024-09-05T20:54:06+00:00





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