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Verb Technology Company, Inc. - VERBW STOCK NEWS

Welcome to our dedicated page for Verb Technology Company news (Ticker: VERBW), a resource for investors and traders seeking the latest updates and insights on Verb Technology Company stock.

Verb Technology Company, Inc. (Nasdaq: VERB) is a market leader in interactive video-based sales applications. The company's MARKET.live platform is a multi-vendor, multi-presenter, livestream social shopping destination that merges ecommerce and entertainment. With a focus on enhancing sales performance through digitizing offline sales and holistic consulting, VERB offers expertise in b2b telesales, sales promotion, field force, event marketing, and door2door campaigns. Recent achievements include a surge in retailers joining MARKET.live, excess cash on the balance sheet, debt reduction, and restructuring completion.

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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.

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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.

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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.

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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.

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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.

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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.

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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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Verb Technology Company (Nasdaq: VERB) announced its participation in the Benzinga Global Small Cap Conference on May 14, 2021. CEO Rory J. Cutaia will discuss the company's strategies, market opportunities, and the upcoming integration of interactive video sales technology into Microsoft Outlook. Verb's SaaS offerings, which include verbCRM, verbLIVE, verbTEAMS, and verbLEARN, cater to businesses worldwide, providing sales enablement tools in over 60 countries. The conference aims to connect small-cap companies with a diverse investor audience.

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Verb Technology Company (Nasdaq: VERB) reported significant growth in its Q1 2021 results, showcasing over 30% year-over-year SaaS recurring revenue growth and an impressive 82% growth from 2020. The company integrated its interactive video sales technology with Microsoft Outlook, now in public beta, and launched verbTEAMS for small businesses. Furthermore, the acquisition of SoloFire opens doors to the healthcare market, while verbLIVE has fully integrated with Salesforce. The company boasts a healthy balance sheet with $15M raised in a recent offering and nearly 1.93 million total user downloads.

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VERB Technology Company reported its 2020 financial results, showing a remarkable 82% increase in SaaS recurring revenue, totaling approximately $5.1 million. The total digital revenue reached $6.5 million, a 53% increase from the previous year. The company completed the acquisition of SoloFire, enhancing its market presence. Notably, user downloads surged to 1.93 million, up from 550,000 the previous year. Projected results for Q1 2021 indicate over 30% SaaS recurring revenue growth compared to Q1 2020. A conference call is scheduled for March 31, 2021, to discuss these results.

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FAQ

What is the market cap of Verb Technology Company (VERBW)?

The market cap of Verb Technology Company (VERBW) is approximately 259.2K.

What is Verb Technology Company, Inc. known for?

Verb Technology Company, Inc. is recognized for its interactive video-based sales applications and the MARKET.live platform that combines ecommerce and entertainment.

What services does Verb Technology Company, Inc. offer?

Verb Technology Company, Inc. provides sales as a service with a comprehensive consulting approach, digitizes offline sales, and excels in b2b telesales, sales promotion, field force, and event marketing.

What recent achievements has Verb Technology Company, Inc. made?

Recent accomplishments include a surge in retailers joining MARKET.live, excess cash on the balance sheet, debt reduction, and the completion of restructuring efforts.

Where is Verb Technology Company, Inc. headquartered?

Verb Technology Company, Inc. is headquartered in Las Vegas, NV, with creator studios in Los Alamitos, California, and Philadelphia, PA.

How can one stay updated with Verb Technology Company, Inc. news?

You can follow Verb Technology Company, Inc. on various social media platforms like Facebook, TikTok, Instagram, LinkedIn, and YouTube for the latest updates.

Verb Technology Company, Inc.

Nasdaq:VERBW

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VERBW Stock Data

259.19k
78.31M
Software - Application
Technology
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United States
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