Post by Mike on Jun 16, 2020 15:20:39 GMT -5
Progress Report - Verb Technology Co. Inc. (NASDAQ: VERB) (formerly nFusz Inc.)
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SEC Filings - Short Interest - Latest News - CHART - Analyst Reports - Verb - PRs - CEO Reports
Jobs Openings - Management - Demos - Testimonials - Enterprise Clients - Partnerships - DD Home
verbGO - taggEDU - VERB Live - verbMED - taggNGO - MYtagg - VERB Direct - All Markets
Q2, 2020 Progress Report
NEWPORT BEACH, Calif. and SALT LAKE CITY, Sept. 10, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream eCommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it has completed the acquisition of SoloFire (dba for Ascend Certification, LLC), provider of a powerful sales enablement platform for the healthcare industry. FORM 8-K
NEWPORT BEACH, Calif. and SALT LAKE CITY, Aug. 14, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced that its new livestream ecommerce application verbLIVE has been added to the Salesforce Partner Program AppExchange marketplace.
VERB has completed the Salesforce integration as well as the compliance and security review processes to list verbLIVE on the Salesforce AppExchange, the leading enterprise cloud marketplace, which allows independent software vendors to make their products available to Salesforce customers. verbLIVE will become available to Salesforce users through the AppExchange on Monday, August 17, 2020.
With verbLIVE’s inclusion in the AppExchange ecosystem, Salesforce users will be able to launch verbLIVE from their Salesforce dash board to promote their products and services more effectively through livestream broadcasts and webinars where viewers can simply click right in the video to purchase products, sign up for services, download tickets or brochures, and even schedule appointments, among many other features, right in and through the live broadcast when viewers’ interest levels are piqued.
The verbLIVE service is offered to Salesforce users on a subscription basis at an introductory rate of $24.95 per user, per month. VERB expects to release new features for verbLIVE users periodically and has several already in the pipeline.
“Deploying our interactive livestream ecommerce solution in AppExchange is a major step in executing VERB’s go-to-market strategy,” said VERB CEO Rory J. Cutaia. “By listing verbLIVE on AppExchange and making it available to all Salesforce users, we expect to attract and engage new customers faster, expanding our user base as well as our revenue base, and delivering on our value-creating commitments to all our shareholders.”
In July, VERB announced that it completed the integration of verbLIVE with the Salesforce platform, and began the pilot launch for two enterprise clients that have existing Salesforce implementations.
VERB to Host Second Quarter 2020 Earnings Call on Friday, August 14, 2020 at 4:30 PM ET
NEWPORT BEACH, Calif. and SALT LAKE CITY, Aug. 06, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced that it will host a conference call to discuss its financial results for the second quarter ended June 30, 2020 on Friday, August 14, 2020 at 4:30 PM Eastern time (1:30 PM Pacific time). Financial results will be issued in a press release prior to the call.
VERB CEO Rory J. Cutaia and CFO Jeff Clayborne will host the conference call, followed by a question and answer period.
Date: Friday, August 14, 2020
Time: 4:30 PM Eastern time (1:30 PM Pacific time)
U.S. dial-in number: 877-407-4018
International number: 201-689-8471
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization.
A telephonic replay of the conference call will be available after 7:30 PM Eastern time on the same day through Friday, August 28, 2020.
Toll-free replay number: 844-512-2921
International replay number: 412-317-6671
Replay ID: 13708170
About VERB
VERB Technology Company, Inc. (Nasdaq: VERB) transforms how businesses attract and engage customers. The Company’s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology, and comprises a suite of sales enablement business software products offered on a subscription basis. Its software applications are available in over 60 countries and in more than 48 languages to large enterprise and small business sales teams that need affordable, easy-to-use, and quick-to-get-results sales tools. Available in both mobile and desktop versions, the applications are offered as a fully integrated suite, as well as on a standalone basis, and include verbCRM (Customer Relationship Management application), verbLEARN (Learning Management System application), and verbLIVE (Interactive Livestream eCommerce and Video Webinar application). The Company has offices in California and Utah. For more information, please visit: www.verb.tech.
Investor Relations Contact:
888.504.9929
investors@verb.tech
Media Contact:
855.250.2300, ext.107
info@verb.tech
VERB Completes Salesforce Integration and Begins Pilot Launch For Joint Clients
NEWPORT BEACH, Calif. and SALT LAKE CITY, July 14, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced that it has successfully completed the integration of its highly anticipated new live stream ecommerce application verbLIVE, with the platform of enterprise CRM giant Salesforce. Many of the Company’s large enterprise clients are also clients of Salesforce and have requested integration of verbLIVE with their existing Salesforce implementation.
In particular, these clients want to provide their sales reps with the compelling interactive live stream capabilities of verbLIVE for lead generation, combined with their existing Salesforce database of customers and prospects and ensure that the data generated by verbLIVE is effectively and efficiently captured and shared between the two platforms. The Company has begun onboarding two of its enterprise clients this week for the pilot program with more to follow. The Company contemplates expanding availability of the program to all Salesforce users in the coming weeks. Integrations into other CRM and ERP platforms is underway and will be announced when complete.
VERB CEO Rory J. Cutaia stated, “Our initial integration of verbLIVE with Salesforce is a major milestone for our organization. We believe this pilot program is the perfect use case to showcase the power and effectiveness of verbLIVE’s live stream ecommerce capabilities integrated into Salesforce, among other forthcoming popular CRM and ERP platform integrations, as we continue to aggressively expand our user base.”
NEWPORT BEACH, Calif. and SALT LAKE CITY, July 13, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced selected preliminary unaudited operating results for the three months ended June 30, 2020.
For the three months ended June 30, 2020, the Company reports preliminary Software as a Service (SaaS) recurring subscription revenue of approximately $1,264,000, up from $1,057,000 reported in first quarter 2020; total digital revenue of approximately $1,668,000, up from $1,457,000 reported in first quarter 2020; total non-digital revenue of approximately $941,000, up from $897,000 reported in first quarter 2020; and total combined revenue of approximately $2,609,000, up from $2,354,000 reported in first quarter 2020. Digital revenue as a percentage of total combined revenue was approximately 64% up from 62% reported in first quarter 2020, and up from 39% for the same period last year. Total user downloads for the quarter was approximately 1,459,000, up from 1,313,467 reported in first quarter 2020, and up from 668,272 for the same period last year.
- - - - - - - - - - {- - - - - - - - - - - - NASDAQ - - - - - - - - - - - -} - - - - - - -- - - - - - - - { - - - - Verb Technology - - - - }
SEC Filings - Short Interest - Latest News - CHART - Analyst Reports - Verb - PRs - CEO Reports
Jobs Openings - Management - Demos - Testimonials - Enterprise Clients - Partnerships - DD Home
verbGO - taggEDU - VERB Live - verbMED - taggNGO - MYtagg - VERB Direct - All Markets
Verb Reports Record Quarter Performance and Fifth Consecutive Quarter of SaaS Revenue Growth
Filed GAAP: 2019 Q2 was $858,000. Q3 was $953,000. Q4 was $995,000. 2020 Q1 was $1,057,000, and Q2, our currently reported quarter was $1,274,000. The monthly recurring subscription component of the digital revenue, our SAAS revenue, is very high-margin business, with gross margins above 80% and now it’s the largest and fastest growing component of our total revenue.
Q2, 2020 Progress Report
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Latest Updates - Q3, 2020
Join us in welcoming Market America to the growing roster of Verb clients.
Join us in welcoming Gamerz Arena to the growing roster of Verb clients.
NEWPORT BEACH, Calif. and SALT LAKE CITY, Sept. 10, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream eCommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it has completed the acquisition of SoloFire (dba for Ascend Certification, LLC), provider of a powerful sales enablement platform for the healthcare industry. FORM 8-K
Join us in welcoming Tranont to the growing roster of Verb clients
Important take-aways: Funded thru 2021 with the possibility of no future financing needed.
Integrations with acquisition have already begun with a potential announcement coming next week.
Internal Salesforce campaign to start Oct 1st
Integrations with acquisition have already begun with a potential announcement coming next week.
Internal Salesforce campaign to start Oct 1st
Aug 17, 2020
VERB Beats SaaS Revenue Forecast and Reports Record Breaking 2020 Second Quarter Financial Results
SaaS revenue of approx. $1.3M - up almost 21% over Q1 and reflects growth of almost 49% over the same period last year.
Total Digital revenue of approx. $1.7M - up almost 16% over Q1.
Total Non-Digital revenue of approx. $1M was up almost 9% over Q1.
Total Combined revenue of approx. $2.7M was up almost 13% over Q1.
20 new client contracts executed in Q2 – almost double the 11 signed in Q1 – and 5 times the number signed in the same period last year.
The base guaranteed contract value of new contracts is $983,000 – represents growth of 65% over last quarter and 245% growth over the same period last year.
SaaS revenue of approx. $1.3M - up almost 21% over Q1 and reflects growth of almost 49% over the same period last year.
Total Digital revenue of approx. $1.7M - up almost 16% over Q1.
Total Non-Digital revenue of approx. $1M was up almost 9% over Q1.
Total Combined revenue of approx. $2.7M was up almost 13% over Q1.
20 new client contracts executed in Q2 – almost double the 11 signed in Q1 – and 5 times the number signed in the same period last year.
The base guaranteed contract value of new contracts is $983,000 – represents growth of 65% over last quarter and 245% growth over the same period last year.
NEWPORT BEACH, Calif. and SALT LAKE CITY, Aug. 14, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced that its new livestream ecommerce application verbLIVE has been added to the Salesforce Partner Program AppExchange marketplace.
VERB has completed the Salesforce integration as well as the compliance and security review processes to list verbLIVE on the Salesforce AppExchange, the leading enterprise cloud marketplace, which allows independent software vendors to make their products available to Salesforce customers. verbLIVE will become available to Salesforce users through the AppExchange on Monday, August 17, 2020.
With verbLIVE’s inclusion in the AppExchange ecosystem, Salesforce users will be able to launch verbLIVE from their Salesforce dash board to promote their products and services more effectively through livestream broadcasts and webinars where viewers can simply click right in the video to purchase products, sign up for services, download tickets or brochures, and even schedule appointments, among many other features, right in and through the live broadcast when viewers’ interest levels are piqued.
The verbLIVE service is offered to Salesforce users on a subscription basis at an introductory rate of $24.95 per user, per month. VERB expects to release new features for verbLIVE users periodically and has several already in the pipeline.
“Deploying our interactive livestream ecommerce solution in AppExchange is a major step in executing VERB’s go-to-market strategy,” said VERB CEO Rory J. Cutaia. “By listing verbLIVE on AppExchange and making it available to all Salesforce users, we expect to attract and engage new customers faster, expanding our user base as well as our revenue base, and delivering on our value-creating commitments to all our shareholders.”
In July, VERB announced that it completed the integration of verbLIVE with the Salesforce platform, and began the pilot launch for two enterprise clients that have existing Salesforce implementations.
VERB to Host Second Quarter 2020 Earnings Call on Friday, August 14, 2020 at 4:30 PM ET
NEWPORT BEACH, Calif. and SALT LAKE CITY, Aug. 06, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced that it will host a conference call to discuss its financial results for the second quarter ended June 30, 2020 on Friday, August 14, 2020 at 4:30 PM Eastern time (1:30 PM Pacific time). Financial results will be issued in a press release prior to the call.
VERB CEO Rory J. Cutaia and CFO Jeff Clayborne will host the conference call, followed by a question and answer period.
Date: Friday, August 14, 2020
Time: 4:30 PM Eastern time (1:30 PM Pacific time)
U.S. dial-in number: 877-407-4018
International number: 201-689-8471
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization.
A telephonic replay of the conference call will be available after 7:30 PM Eastern time on the same day through Friday, August 28, 2020.
Toll-free replay number: 844-512-2921
International replay number: 412-317-6671
Replay ID: 13708170
About VERB
VERB Technology Company, Inc. (Nasdaq: VERB) transforms how businesses attract and engage customers. The Company’s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology, and comprises a suite of sales enablement business software products offered on a subscription basis. Its software applications are available in over 60 countries and in more than 48 languages to large enterprise and small business sales teams that need affordable, easy-to-use, and quick-to-get-results sales tools. Available in both mobile and desktop versions, the applications are offered as a fully integrated suite, as well as on a standalone basis, and include verbCRM (Customer Relationship Management application), verbLEARN (Learning Management System application), and verbLIVE (Interactive Livestream eCommerce and Video Webinar application). The Company has offices in California and Utah. For more information, please visit: www.verb.tech.
Investor Relations Contact:
888.504.9929
investors@verb.tech
Media Contact:
855.250.2300, ext.107
info@verb.tech
July 21, 2020
VERB Completes Salesforce Integration and Begins Pilot Launch For Joint Clients
NEWPORT BEACH, Calif. and SALT LAKE CITY, July 14, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced that it has successfully completed the integration of its highly anticipated new live stream ecommerce application verbLIVE, with the platform of enterprise CRM giant Salesforce. Many of the Company’s large enterprise clients are also clients of Salesforce and have requested integration of verbLIVE with their existing Salesforce implementation.
In particular, these clients want to provide their sales reps with the compelling interactive live stream capabilities of verbLIVE for lead generation, combined with their existing Salesforce database of customers and prospects and ensure that the data generated by verbLIVE is effectively and efficiently captured and shared between the two platforms. The Company has begun onboarding two of its enterprise clients this week for the pilot program with more to follow. The Company contemplates expanding availability of the program to all Salesforce users in the coming weeks. Integrations into other CRM and ERP platforms is underway and will be announced when complete.
VERB CEO Rory J. Cutaia stated, “Our initial integration of verbLIVE with Salesforce is a major milestone for our organization. We believe this pilot program is the perfect use case to showcase the power and effectiveness of verbLIVE’s live stream ecommerce capabilities integrated into Salesforce, among other forthcoming popular CRM and ERP platform integrations, as we continue to aggressively expand our user base.”
July 13, 2020 - Salesforce Integration to Launch this week!
NEWPORT BEACH, Calif. and SALT LAKE CITY, July 13, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM, and marketing applications for entrepreneurs and enterprises, today announced selected preliminary unaudited operating results for the three months ended June 30, 2020.
For the three months ended June 30, 2020, the Company reports preliminary Software as a Service (SaaS) recurring subscription revenue of approximately $1,264,000, up from $1,057,000 reported in first quarter 2020; total digital revenue of approximately $1,668,000, up from $1,457,000 reported in first quarter 2020; total non-digital revenue of approximately $941,000, up from $897,000 reported in first quarter 2020; and total combined revenue of approximately $2,609,000, up from $2,354,000 reported in first quarter 2020. Digital revenue as a percentage of total combined revenue was approximately 64% up from 62% reported in first quarter 2020, and up from 39% for the same period last year. Total user downloads for the quarter was approximately 1,459,000, up from 1,313,467 reported in first quarter 2020, and up from 668,272 for the same period last year.