Verb Technology - VERBW STOCK NEWS

Verb Technology Company, Inc. (Nasdaq: VERB) announced it has filed a prospectus supplement with the SEC to sell up to $30 million of its common stock through an at-the-market (ATM) offering program. CEO Rory J. Cutaia emphasized the importance of minimizing shareholder dilution while pursuing new capital to support growth initiatives. Proceeds from the offering will be used for general corporate purposes, including prospective acquisitions and enhancing the company's eCommerce platforms. The firm aims to execute these plans while maintaining financial flexibility.

Verb Technology Company (Nasdaq: VERB) announced record Q3 2021 results, including a 30% increase in total digital revenue to $2.4 million, representing 81% of total revenue. SaaS recurring revenue rose by 25% year-over-year, while non-SaaS digital revenue surged 144% over Q2. The company secured 16 new client contracts worth $1.1 million, its highest in a single quarter. Upcoming launches for Marketplace and verbTV aim to enhance revenue streams further, leveraging interactive video for ecommerce.

Verb Technology Company (Nasdaq: VERB) announced impressive financial results for Q3 2021, achieving the highest base contract revenue for a single quarter in its history with 16 new client contracts worth $1.1 million. Total digital revenue rose by 30% from Q2 and now comprises 81% of total revenue, up from 64% year-over-year. SaaS recurring revenue grew by 25% year-over-year and 15% over Q2. The company also launched a professional sports vertical with the Pittsburgh Penguins and reported a total combined revenue increase of 21% over Q2.

Verb Technology Company (Nasdaq: VERB) announced its Third Quarter 2021 earnings conference call on November 15, 2021, at 5 p.m. ET. CEO Rory J. Cutaia will also participate in two upcoming technology conferences to showcase VERB’s shoppable video technology. Notable events include the Roth Capital Partners' 10th Annual Technology Event on November 17 and the Ladenburg Thalmann Virtual Technology Expo on November 18, where VERB will present its advancements in livestream eCommerce.

Verb Technology Company, Inc. (NASDAQ: VERB) will host a conference call on November 15, 2021, at 5:00 p.m. Eastern time to discuss its Q3 2021 financial results. The call will feature CEO Rory J. Cutaia and CFO Jeff Clayborne, followed by a Q&A session. Investors can join the call by phone or via webcast, with a replay available until November 29, 2021. Verb specializes in interactive video-based sales enablement applications and operates globally with its SaaS platform, which includes various applications tailored for entrepreneurs and enterprises.

Verb Technology Company (Nasdaq: VERB) has showcased its innovative shoppable video technology during the verbLIT symposium held on October 7, 2021. This event enables clients and investors to explore VERB's interactive video applications, designed to enhance e-commerce experiences. CEO Rory J. Cutaia emphasized the unique features of verbLIVE, which allows seamless live shopping integration. The company's SaaS platform, with offerings including verbCRM and verbLEARN, serves businesses globally, providing effective tools for customer engagement.

Verb Technology Company, Inc. (Nasdaq: VERB) announced that CEO Rory J. Cutaia will present at the Virtual LD Micro Main Event XIV on October 12, 2021, at 10:30 a.m. ET. The presentation will cover the company's interactive sales tools for livestream eCommerce and its initiatives for hypergrowth. The conference will feature around 150 companies, making it a premier event for small-cap investors.

VERB specializes in interactive video-based sales applications, offering products in over 60 countries. Its software serves large enterprises and small businesses seeking effective sales tools.

VERB Technology Company (Nasdaq: VERB) has partnered with the NHL's Pittsburgh Penguins to enhance ticket and merchandise sales using its interactive video sales software. This collaboration aims to boost fan engagement and business growth through innovative technology. The Penguins' Chief Revenue Officer expressed enthusiasm for implementing VERB's solutions in a rapidly evolving environment. CEO Rory J. Cutaia highlighted this partnership as a testament to VERB's potential in the sports industry, anticipating it as a stepping stone for future collaborations.

Verb Technology Company (Nasdaq: VERB) announced an agreement with David Meltzer to serve as an executive producer for verbTV, an interactive ecommerce channel. This channel allows viewers to shop directly from videos.

Mr. Meltzer, known for his extensive experience in sports marketing, will develop content, beginning with a shoppable version of his reality competition show, 2 Minute Drill. VERB aims to combine entertainment with ecommerce, enhancing viewer engagement and potentially driving revenue growth.