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.
The VERB (Verb Technology Company, Inc.) news feed on Stock Titan aggregates company announcements, earnings communications, transaction updates, and regulatory disclosures that explain both its legacy operations and its transition toward a TON-focused digital asset treasury strategy. Recent press releases describe how Verb plans to rebrand as TON Strategy Company and change its Nasdaq ticker symbol to TONX, reflecting a strategic emphasis on accumulating and staking Toncoin (TON), the native cryptocurrency of The Open Network blockchain integrated with the Telegram platform.
News items highlight several major themes. First, capital markets activity, including a large private placement and related financing arrangements, is covered in detail, along with the company’s stated intention to deploy most of the proceeds into Toncoin as a primary treasury reserve asset. Second, operational updates from its MARKET.live and LyveCom social commerce platforms appear frequently, featuring livestream shopping partnerships, production of branded events, and the use of AI-driven tools for video commerce.
Additional coverage focuses on Verb’s telehealth portals, VANITYPrescribed.com and GoodGirlRx.com, and on the GO FUND YOURSELF TV Show, which the company presents as an interactive social crowdfunding and commerce format. Investors can also find information about quarterly financial results, Form 10-Q filings, management commentary, and board and leadership changes tied to the TON treasury strategy.
By following VERB news, readers can track how the company balances its Toncoin treasury objectives with growth in social commerce, telehealth, and crowdfunding media. Bookmark this page to review new press releases, earnings call details, and SEC-related announcements as they are released.
VERB Technology Company (NASDAQ: VERB) announced preliminary operating results for Q2 2020, showing significant growth in revenue. The company reported SaaS recurring subscription revenue of approximately $1,264,000, an increase from $1,057,000 in Q1 2020. Total digital revenue reached approximately $1,668,000, up from $1,457,000, contributing to a combined revenue of about $2,609,000, compared to $2,354,000 in the previous quarter. The number of user downloads also rose to 1,459,000, highlighting robust demand for its interactive video-based sales enablement applications.
VERB Technology Company (NASDAQ: VERB) has announced the successful integration of its verbLIVE live stream ecommerce application with Salesforce. This integration responds to demand from enterprise clients who want to enhance lead generation capabilities using verbLIVE in conjunction with their Salesforce databases. The pilot program for two enterprise clients begins this week, with plans to expand to more Salesforce users soon. CEO Rory J. Cutaia emphasized that this milestone showcases verbLIVE's potential in driving sales conversions, aided by interactive video technology.
VERB Technology Company (NASDAQ: VERB) announced its inclusion in the Russell Microcap Index as part of the 2020 annual reconstitution. This recognition is expected to enhance the company's visibility in the investment community and potentially broaden its shareholder base. Membership in the Russell Microcap Index leads to automatic inclusion in style indexes, impacting approximately $9 trillion in assets. CEO Rory J. Cutaia expressed optimism about the future, suggesting that this could attract more investments and support their growth initiatives.
VERB Technology Company (NASDAQ: VERB) will hold a conference call on May 18, 2020, at 5:00 PM ET to discuss its financial results for the fourth quarter and full year of 2019, along with Q1 2020 results. The company plans to file its Forms 10-K and 10-Q on May 14 and May 15, 2020, respectively. CEO Rory J. Cutaia and CFO Jeff Clayborne will lead the call, which includes a Q&A session. Interested parties can access the call via U.S. dial-in number 877-407-4018 or international number 201-689-8471.