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VERB's MARKET.live Tapped to Produce Walmart Livestream for Popular Wellness Brand BelliWelli
Globenewswire· 2025-06-26 12:30
LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today announced its MARKET.live division will produce and host a high-profile Walmart livestream shopping event for gut-health brand BelliWelli. The exclusive livestream will air on Walmart.com on Tuesday, July 1, 2025, at 4 ...
VERB Publishes Management's Prepared Remarks From Its First Quarter 2025 Earnings Call
GlobeNewswire News Room· 2025-05-13 17:20
Core Viewpoint - Verb Technology Company, Inc. reported strong financial results for Q1 2025, showcasing significant revenue growth and successful acquisitions, while maintaining a robust cash position and zero debt [5][8][10]. Financial Performance - The company reported revenue of $1.3 million for Q1 2025, representing an 80% increase over Q4 2024 and approximately 46% growth compared to the total revenue of $895,000 for all of 2024 [8]. - The company has a clean balance sheet with zero debt and a strong cash position, allowing it to fund operations easily into 2028 and beyond [10][12]. Business Developments - Verb Technology completed an $8.5 million cash and stock acquisition of an AI social commerce technology company, integrating its technology into Verb's platform [9]. - The company signed numerous high-profile clients for its MARKET.live platform, which is now white-labeling its services for various brands [13]. Product and Service Growth - The telehealth platforms, VanityPrescribed and GoodGirlRx, are experiencing month-over-month growth, contributing to recurring subscription-based revenue [15]. - The "Go Fund Yourself" crowdfunding TV show is gaining popularity, leading to increased demand from issuers and the production of multiple episodes each month [15]. Technology and Innovation - MARKET.live has enhanced its technology to allow streaming directly from clients' websites, enabling brands to maintain customer relationships while broadcasting across social media [14]. - The company leverages advanced AI capabilities for user-generated content creation and automated video content repurposing, optimizing merchandising strategies and increasing conversion rates [20].
VERB Beats All Analysts Q1 2025 Financial Performance Estimates
GlobeNewswire News Room· 2025-05-13 12:30
Management Delivers Impressive 80% Revenue Growth Quarter-Over-Quarter Beats All Revenue and EPS Estimates By A Wide Margin Q1 2025 Revenue Exceeds Entire 2024 Annual Revenue Closed $8.5 Million Acquisition Of AI Social Commerce Technology Platform Lyvecom $5 Million Cash Added To Balance Sheet In Non-Dilutive, Non-Convertible, Preferred Stock Deal Zero Debt - Strong Cash Position – Expected To Fund Operations Into 2028 And Beyond Increased Growth Projected For Q2 2025 LAS VEGAS, May 13, 2025 (GLOBE NEWSWIR ...
VERB to Host First Quarter 2025 Earnings Call on Tuesday, May 13, 2025, at 1:00 p.m. ET
Globenewswire· 2025-05-09 17:16
Core Viewpoint - Verb Technology Company, Inc. is set to discuss its financial results for Q1 2025 on May 13, 2025, highlighting its innovative approach in social commerce, telehealth, and crowdfunding [1][2]. Company Overview - Verb Technology Company operates several business units focused on transforming social commerce, telehealth, and crowdfunding through platforms like MARKET.live, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show [1][3]. - The company leverages advanced AI technology to enhance user engagement and optimize content creation for brands, aiming to provide a seamless omnichannel shopping experience [3]. Upcoming Events - A conference call will be hosted by CEO Rory J. Cutaia on May 13, 2025, at 1:00 p.m. Eastern time to discuss the financial results, with a press release to be issued beforehand [1][2]. - A telephonic replay of the conference call will be available from May 13, 2025, at 5:00 p.m. Eastern time until May 27, 2025, at 11:59 p.m. Eastern time [2][3]. Product and Service Innovations - MARKET.live is a multi-vendor, livestream social shopping platform that integrates AI capabilities for real-time content creation and audience engagement [3]. - The GO FUND YOURSELF platform combines an interactive TV show with crowdfunding capabilities, allowing viewers to invest in real-time as they watch presentations [3]. - VANITYPrescribed and GoodGirlRx are telehealth portals designed to provide affordable healthcare solutions without hidden fees, aiming to disrupt traditional healthcare models [3].
VERB CEO Rory J. Cutaia Interview Live from the Floor of the NY Stock Exchange on Cheddar TV's Power Players
GlobeNewswire News Room· 2025-05-07 13:00
LAS VEGAS, May 07, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show, today announced that CEO Rory J. Cutaia was featured on Cheddar TV's Power Players live from the floor of the NY Stock Exchange on an episode that airs Friday, May 9, 2025, at 8PM ET. Hosted by J.D. Durkin, Power Players dive ...
VERB Closes Acquisition of AI Video Commerce Platform Lyvecom in a Deal Valued at Up to $8.5 Million
Newsfilter· 2025-04-17 12:30
LAS VEGAS and LOS ALAMITOS, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ:VERB) ("VERB" or the "Company"), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today announces that the Company, Lyvecom, Inc. ("Lyvecom") and the shareholders of Lyvecom entered into a definitive Stock Purchase Agreement dated April 11, 2025 (the "Purchase Agreement") to acqui ...
Verb(VERB) - 2024 Q4 - Earnings Call Transcript
2025-03-25 21:35
Financial Data and Key Metrics Changes - For the full year 2024, the company generated total revenue of $895,000, an increase of $832,000 compared to 2023, representing a growth of 1,321% [18] - In Q4 2024, revenue reached $723,000, an increase of $694,000 year-over-year, indicating a growth of almost 2,400% [19] - Quarter-over-quarter, Q4 revenue increased by $595,000, representing growth of almost 465% compared to Q3 2024 [19] - The company reported a positive shareholder equity of over $16 million as of December 2024, up from almost $2 million negative in June 2023 [13] Business Line Data and Key Metrics Changes - The company transitioned from a direct sales SaaS model to a focus on interactive social video commerce, leading to significant revenue growth [10][15] - The launch of the GO FUND YOURSELF crowdfunding platform generated $233,000 in revenue in Q4, up from $25,000 in Q3 [15] - The MARKET.live platform showed exponential revenue growth, with Q4 revenue of $490,000 compared to $103,000 in Q3 [17] Market Data and Key Metrics Changes - The company is entering the telehealth market with products like VANITY Prescribed and GoodGirlRX, anticipating significant growth due to the adoption of new weight-loss drugs [16] - The overall market conditions for small and micro-cap companies have been challenging, impacting previous business strategies [5][12] Company Strategy and Development Direction - The company has implemented a multi-pronged strategy to restructure and diversify its revenue streams, focusing on complementary business units [14] - A significant part of the strategy includes the acquisition of LyveCom to enhance AI capabilities and reduce operational costs by approximately $1 million per year [21][22] - The company aims to position itself as a leader in the social commerce space, leveraging its technology to provide solutions for brands [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's future, expecting Q1 2025 revenue to surpass Q4 2024 [19] - The CEO highlighted the importance of adapting to market conditions and the need for a robust AI strategy to remain competitive [20] Other Important Information - The company has successfully eliminated debt and has a cash position of over $13 million, providing a strong financial foundation for future growth [23][24] - The reverse stock split has resulted in a tight share float of less than 1 million shares, enhancing shareholder value [13] Q&A Session Summary - No specific questions or answers were recorded in the provided content, indicating the conclusion of the teleconference [26]