the I've refine becoming Thank X.X last across you, the Nancy worked the to team months business CEO, and and leadership clarify our VerifyMe strategy In everyone. with since segments. welcome,
together We in is to strategy fit at by announced the capability streamlined Precision segments, we've our segments expanding overhead and Logistics and company to business X first, marketing right me optimizing intended expenses. mission our enable into in right our products share the the technology, to I'm discuss time. excited condition, a July, with the right you. These ensuring little segments. bit. are accelerate our real This in Authentication leveraging our But QX place, let of growth
an overall Nancy will give but specific context. details provide to want I
integration our timing business temporary quarter, the and revenues slightly impact our the the acquisition of to the During and to in reorganization. the due partly orders below expectations, came customer due of
our services in business, we're to service Precision our our mix an seeing within services. Logistics emerging addition, premium shift proactive from In
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include of component do the freight charges the services proactive service. Our associated and freight
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take temperature-controlled at like predictive So strategy. in this logistics analytics that logistics and the to of proprietary why software. non-asset a April in XXXX, point, acquisition by shipping of I'd I'm using minute to excited business explain a announced specializing time and In the PeriShip, for company confident
to announced contributed the intelligence In codes have March our growth data but year-over-year and brand in XXXX, of with technology position strategy industry. These protection, and specific expertise in item-level specializing enhancement a to Limited, importantly, execute forward. the the more Codes food they agriculture, company brand company for acquisition revenue beverage acquisition Trust unique going of company our the
customers growing chains agriculture, -- verticals supply our verticals in company's Food digitization over the of such Modernization industry as and traceability increasing products due a requirements world requirement point is each or operating the of these in in customers our and segments the this the U.S. to a Act. The around and of the of regulatory market in Safety At beverage need growing had are the within which X/X time, food VerifyMe's solutions. for
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segment potential and which our organic In our will sales addition, these between and the segment further growth. technology offerings synergy create our Logistics for marketing Authentication Precision
to little bit So more. segments our like of each at discuss a I'd this point,
may it segment. Logistics Precision segment you. because less familiar newer feel First, our I'll many begin with beginning and I'm of for this with
continue has PeriShip built benefit the over relationships years. from that customer We to strong the
and designed specific perishable segment requirements. The specific with that The our and services Logistics products companies of significant have these are opportunity customers requirements and small- to medium-sized growing meet of provides for market that time selling Precision distribution provides temperature technologies have products the that business. a needs
includes and and control, service Our both portal resolution. post-shipment customer offerings monitoring, web across weather full support mile pre- temperature access, last
appreciate the competitive. business Now logistics that is very I non-asset
specific spoken enables they face met to services to address I them with the and articulate them our our and tracking shipping specific customers products. I've However, and combination hear how challenges of their
enjoy the a industry. of and us rates relationships growth increase. segment and organic this to Currently, forma pro enable will to services that the experience year-over-year provide growth we has the I combination differentiation believe exceed expect we our that X%
we're optimistic and the cross-selling addition, services segments, both integrating food customers. about across and opportunities particularly agriculture, our In for beverage within
segment share the to been bit about a many this the So to shift conversation little said, by to our acquisition Codes the represents With that VerifyMe now historical I'm services of details transformation. In of this the and I'd like company. ways, and the Authentication segment. have eager transformed begin speak Trust
The regulatory brand segment traceability and protection agriculture GSX-validated is strategic key with The focuses for Codes' customers on a platform technology providing enhancement imperative which services. Trust end-to-end enterprises. and and customers brand provides with traceability, food
although may standard you based upon the probably be daily. familiar GSX you GSX, Some encounter of not with barcodes
transformation, in a barcoded pack know as context, became Ohio organization that Wrigley's sparked scanned GSX. The gum product. of in first we XXXX the now that and For
This complying and standards are with because by very GSX global be GSX retail, used as GSX supply and one chain the as validated barcode is is Trust the such world standards. widely standards platforms So relevant to few health of the UPC in supply used Codes chain. most in in care
GSX authentication factor claim and is organizations by offer validated to have credibility this been and Now for but very many compliance an our customers. differentiator important few GSX
evolving a traceability and and has current requirements. and food services. agricultural the Now This traceability to including brand anti-counterfeit demonstrated decade unique offerings marketing services protection use technologies Trust enable brand segment's anti-diversion These technologies. covert to customers enables our well -- as The Codes codes of meet item companies QR build and beverage upon traceability nearly per [ph]. traceability by technology as
codes Our systems codes that safety brand swift QR identify track are for identifying take product to their as fake fake diversion. their as brand for combination can owners used well websites to protect packaging. as counterfeits, enables customers product action and to on This well pads used identify validate as ensuring from authenticated
to they and harness delight their provide capabilities means The services, the engage Through the as engage their for QR the a consumers brand and and contextual provide codes we our avenue the segment's with protection customers controlled manner. for further traceability to brand with brand customers per item unique an way loyalty, effectively of a such cross-selling to product expertise personalize educate, in gamification. enhancement
Furthermore, approach further their they practices. to efforts data-driven a can on the in educate environmental and consumers area sustainability utilize of
well of our opportunities to customers our in supports and the consumer capturing regulatory as as services in enabling combination segment by the customers marketplace. expectations existing Authentication this So new meet evolving requirements
discussions for our optimistic to growing product collaboration continues, that opportunities we're XXXX XXXX. and HX meaningful in continue our integration revenues revenue this and of us testing As in will lead
second I'd to quarter Nancy, So like over to our CFO, call the review to our at turn financial point, details. this
