Welcome to our dedicated page for Verb Technology Co news (Ticker: VERB), a resource for investors and traders seeking the latest updates and insights on Verb Technology Co stock.
Verb Technology Company, Inc. (Nasdaq: VERB) is a pioneer in interactive video-based sales applications, revolutionizing how businesses attract and engage customers. With a global reach extending to over 60 countries, VERB's Software-as-a-Service (SaaS) platform delivers a comprehensive suite of subscription-based sales enablement software. Key products include:
- verbLIVE: An interactive livestream ecommerce, shoppable video, and webinar solution.
- verbCRM: A customer relationship management tool.
- verbTEAMS: A self-onboarding version of verbCRM, optimized for small businesses with salesforce synchronization.
- verbLEARN: A learning management system designed for corporate training and education.
Headquartered in Las Vegas, NV, Verb Technology operates creator studios in Los Alamitos, CA, and Philadelphia, PA, making it a central hub for the convergence of ecommerce and entertainment. The company's flagship platform, MARKET.live, is a multi-vendor, multi-presenter, livestream social shopping destination. MARKET.live enables brands, retailers, creators, and influencers to monetize their fanbase across social media channels like TikTok, Facebook, and Instagram. Recently, VERB integrated a seamless native checkout process for Meta platforms, expanding MARKET.live's audience and enhancing value for its users.
In terms of financial health, VERB recently reported cash and cash equivalents of approximately $14.2 million with notes payable of around $1.2 million, marking a significant improvement from previous periods. This financial stability has solidified the company's ability to continue operations for at least the next 14 months, subject to revenue generation.
VERB's ongoing partnerships and technological innovations position it as a leader in interactive video-based sales. The company also offers a variety of services including B2B telesales, sales promotions, event marketing, and door-to-door campaigns. A recent surge in retailers joining MARKET.live, along with partnerships like the one with TikTok, underscores MASSIVE growth potential and strategic initiatives aimed at expanding and enhancing ecommerce capabilities.
For more detailed information, visit VERB.tech and MARKET.live or follow their social media channels.
SHOP LIVE, powered by verbLIVE, has been launched by Market America Worldwide and Verb Technology Company. This interactive livestream ecommerce platform allows UnFranchise Owners (UFOs) to broadcast live events to promote and sell products round the clock. The service enhances customer engagement through clickable links and real-time viewer analytics. It follows the recent global rollout of the UnFranchise Marketing App, offering essential tools for business growth. The initial deployment reached over 100,000 UFOs across North America, Europe, and Asia.
Verb Technology Company has launched verbMAIL, an interactive video tool integrated with Microsoft Outlook, now available to over one billion users via the Microsoft AppSource Store. Developed with Microsoft's U.S. Technical Team, this tool allows users to create and share interactive videos, featuring clickable buttons for purchasing and scheduling. The initial release is free for Outlook subscribers, with future enhanced versions planned for subscription. The company anticipates that verbMAIL will be a significant revenue driver, enhancing sales processes for businesses globally.
Verb Technology Company (NASDAQ: VERB) announced that CEO Rory J. Cutaia will present at the Access to Giving Virtual Investor Conference on July 14, 2021. The presentation will showcase verbMAIL, an interactive video sales technology integrated with Microsoft Outlook, which serves over one billion users. Cutaia will overview the company's products including verbCRM, verbLIVE, verbTEAMS, and verbLEARN. One-on-one meetings with management will also be available. The conference runs from July 13-15, 2021, focusing on charitable causes through investor donations.
RushNet, Inc (OTC PINK:RSHN) announces the launch of a National Sales Campaign in partnership with heliosDX using Verb Technology Company, Inc. (Nasdaq:VERB) platforms, verbTEAMS and verbLIVE. This campaign aims to enhance brand visibility and sales efficiency. The interactive technology facilitates virtual sales meetings and allows for accessibility to marketing materials during calls, potentially increasing revenues. HeliosDX has shown significant growth over the past two years and is contracted in 44 states, seeking further expansion.
The second season of David Meltzer's '2 Minute Drill' premieres on June 18, 2021, featuring entrepreneurs competing for over $50,000 in cash and prizes. The show, airing on Bloomberg TV and Amazon Prime, aims to empower entrepreneurs by enhancing their pitching skills. Each episode includes advice from business leaders and a special award recognizing impactful entrepreneurs. Meltzer, CEO of Verb Technologies (NASDAQ: VERB), hosts alongside notable guest judges, promising a mix of storytelling and competition to engage viewers.
Verb Technology Company (Nasdaq: VERB) is set to commercially release its interactive video sales technology integrated with Microsoft Outlook in mid-June, aiming to capture a wider audience among its billion-plus users. The Company reported a 38% year-over-year growth in SaaS recurring revenue for Q1 2021, highlighting a sequential growth of 12%. Additionally, a new affiliate marketing feature was added to verbLIVE, enhancing its livestream ecommerce capabilities. This strategic move positions VERB favorably to exploit growth opportunities in ecommerce.
Verb Technology Company (Nasdaq: VERB) reports significant growth and innovation, highlighted by a 38% increase in Q1 2021 SaaS recurring revenue year-over-year and a promising integration with Microsoft Outlook set to launch in mid-June. CEO Rory J. Cutaia is scheduled to present at the LD Micro Invitational XI from June 8-10, discussing the Company’s strategies and opportunities. Additionally, a new affiliate marketing feature, ATTRIBUTION, has been added to the verbLIVE app to enhance revenue generation.
Verb Technology Company (Nasdaq: VERB) announced its participation in the Sidoti & Company Virtual Microcap Conference, with CEO Rory J. Cutaia presenting today at 12:15 PM ET. The company recently reported a strong first quarter, exceeding management guidance, with a 38% increase in recurring revenue year-over-year. The demand for its verbLIVE products has contributed to the growth of its sales pipeline. Notably, user downloads surpassed 2 million as of May 11, 2021, and the integration with Microsoft Outlook is expected to drive further revenue.
Verb Technology Company (Nasdaq: VERB) reported its Q1 2021 results, showing strong growth in SaaS recurring revenue, up 38% year-over-year and 12% sequentially, totaling $1.5 million. Total digital revenue increased 24% year-over-year to approximately $1.8 million. The company raised $15 million through a direct offering in March 2021 and is nearing the commercial release of Microsoft Outlook integration. New product verbTEAMS was launched, and user downloads surpassed 2 million, reflecting a 47% increase year-over-year.
Verb Technology Company, Inc. (NASDAQ: VERB) will report its Q1 2021 financial results on May 13, 2021, hosting a conference call at 3:00 p.m. Eastern Time. CEO Rory J. Cutaia and CFO Jeff Clayborne will lead the call, followed by a Q&A session. Investors can join the call via phone or live webcast. The company, known for its interactive video-based sales enablement applications, offers a suite of SaaS products to businesses worldwide. To access the call, U.S. dial-in is 1-877-407-4018, and international is 1-201-689-8471.
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