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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 been recognized as the #1 direct selling app with the largest number of enterprise clients by Social Selling News. On February 4, 2021, CEO Rory J. Cutaia will meet with investors one-on-one at A.G.P.’s Virtual Emerging Growth Technology Conference. Cutaia will discuss VERB's SaaS product suite, including interactive video technology and its impact on the direct-selling landscape. The company offers a range of applications such as verbCRM and verbLIVE, available globally in over 60 countries.

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VERB Technology Company has been recognized as the #1 direct selling app with the most enterprise clients by Social Selling News. The company, a leader in interactive video-based sales enablement, will present at the MoneyShow Accredited Investors Virtual Expo from January 26-28, 2021. CEO Rory J. Cutaia will discuss the company's strategies and its latest SaaS product offerings on January 27, 2021, at 1:35 PM ET. VERB's innovative platform is available in over 60 countries, catering to both large enterprises and small businesses.

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VERB Technology Company announced its ranking as the top provider in direct selling applications by Social Selling News, with 103 direct selling clients, nearly double that of competitors. This recognition reflects VERB's strong sales enablement platform, which includes innovative solutions such as verbCRM, verbLIVE, verbTEAMS, and verbLEARN. The CEO expressed excitement over the platform's traction, particularly its ability to enhance remote client engagement and sales conversion rates.

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VERB Technology Company (Nasdaq: VERB) is set to showcase its verbLIVE platform at CES 2021, highlighting innovations in interactive video-based sales enablement applications. CEO Rory J. Cutaia is expected to discuss how verbLIVE is transforming remote selling through its user-friendly features, which include in-video clickable icons and real-time engagement analytics. The platform integrates seamlessly with Salesforce and plans to include Microsoft Outlook soon. The event marks a significant opportunity for VERB to connect with industry leaders during a period of increasing demand for virtual solutions.

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VERB Technology Company reported its sixth consecutive quarter of SaaS revenue growth and introduced new hypergrowth initiatives. The company will present at the 13th Annual LD Micro Main Event on December 15, 2020, at 11:00 AM EST / 8:00 AM PST, where CEO Rory J. Cutaia will discuss their strategy and recent financial performance. The event features a new format with 10-minute presentations followed by Q&A sessions involving investors and analysts. Keynote speakers include NBA legend Shaquille O’Neal and 2020 presidential candidate Brock Pierce.

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VERB Technology Company (NASDAQ: VERB) has reported six consecutive quarters of revenue growth from its Software-as-a-Service (SaaS) offerings. The company will present its strategies and innovative products at the Benzinga Global Small Cap Conference on December 9, 2020, at 12:30 PM ET. CEO Rory J. Cutaia will highlight recent record-breaking performance and new hypergrowth initiatives aimed at expanding market reach. VERB's SaaS platform, which utilizes interactive video technology, operates in over 60 countries, enhancing engagement for businesses of all sizes.

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VERB Technology Company, Inc. (NASDAQ: VERB) recently won Salesforce’s November AppExchange Demo Jam competition, showcasing its livestream ecommerce and webinar solution, verbLIVE. McKinley Oswald, President of Global Sales, demonstrated verbLIVE in a medical device sales context to a virtual audience, highlighting its interactive features. Since fully integrating verbLIVE with Salesforce in July, the company has seen significant traction among users, especially given that 75% of its medical sales clients are Salesforce users, indicating strong market potential.

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VERB Technology Company announced it will present at the MoneyShow Accredited Investors Virtual Expo from December 1-3, 2020. Rory J. Cutaia, CEO, will discuss VERB's innovative sales enablement SaaS products and its impressive sixth consecutive quarter of SaaS revenue growth. This virtual presentation is scheduled for December 1, 2020, at 12:25 PM ET. VERB’s SaaS platform, available in over 60 countries, offers interactive video-based applications for enterprises and entrepreneurs. Investors can register for the expo at the provided link to access the live stream.

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VERB Technology Company announced that Shaklee Corporation has adopted its verbCRM and verbLEARN platforms for improved direct selling and distributor training. The launch took place during Shaklee's first virtual conference in September 2020, serving its 1.2 million global distributors. The integration with Salesforce aims to streamline marketing tools and enhance customer relationship management. CEO Rory J. Cutaia expressed confidence that these tools will bolster Shaklee's market position. However, challenges remain, including uncertainties related to market competition and ongoing risks from the COVID-19 pandemic.

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VERB Technology Company reported third-quarter results highlighting a 16% sequential increase and 55% year-over-year growth in SaaS recurring revenue, reaching approximately $1.5 million. Total digital revenue also grew, up 9% sequentially and 28% year-over-year, amounting to $1.84 million. The company completed the acquisition of SoloFire, gaining entry to the medical and life sciences sales sector. User downloads rose to 1.65 million, and verbLIVE is now integrated with Salesforce, enhancing distribution. Financials reflect increased expenses, particularly in R&D and G&A.

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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

VERBW Rankings

VERBW Stock Data

259.19k
78.31M
Software - Application
Technology
Link
United States
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