Welcome to our dedicated page for Verb Technology news (Ticker: VERB), a resource for investors and traders seeking the latest updates and insights on Verb Technology stock.
TON Strategy Company, formerly Verb Technology Company Inc., reports developments tied to its digital asset treasury strategy centered on Toncoin ($TON), the native cryptocurrency of The Open Network blockchain. News covers Toncoin accumulation, staking activity, treasury assets, capital raising, Nasdaq ticker and name changes, and leadership communications around the company’s TON blockchain strategy.
Earlier Verb Technology updates also documented MARKET.live and related social commerce businesses, including livestream shopping productions, creator studio activity, SaaS sales-enablement tools, social telehealth brands, and the GO FUND YOURSELF crowdfunding media platform.
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.