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OpenWorld — Third Quarter 2026 Earnings Summary

OpenWorld, Inc. announced preliminary estimated financial results for the third quarter of 2026, projecting revenue between $6.9 million and $7.2 million with a gross margin of 80% to 82%. The company reported an estimated net loss of approximately $10.0 million, which includes non-recurring stock-based compensation and merger-related transaction fees, while achieving an adjusted EBITDA range of $1.7 million to $2.0 million. These results reflect the company's operations following its reverse takeover transaction with VerifyMe, Inc., which closed on September 30, 2026. Concurrently, OpenWorld appointed Gerard Hernandez as its new Chief Financial Officer, effective October 23, 2026, to oversee finance and investor relations functions.

Company
OPENWORLD INC
Sector
Technology
Industry
Information Technology Services