Verb Technology (VERB) to Release Earnings on Monday

Verb Technology (NASDAQ:VERBGet Rating) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, May 16th.

Verb Technology (NASDAQ:VERBGet Rating) last released its quarterly earnings results on Thursday, March 31st. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $2.71 million for the quarter. Verb Technology had a negative return on equity of 214.48% and a negative net margin of 345.55%. During the same quarter in the prior year, the company earned ($0.29) earnings per share. On average, analysts expect Verb Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NASDAQ VERB opened at $0.56 on Tuesday. The company has a 50-day simple moving average of $0.85 and a 200-day simple moving average of $1.25. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market cap of $48.43 million, a PE ratio of -1.01 and a beta of 1.21. Verb Technology has a 12 month low of $0.56 and a 12 month high of $3.97.

Large investors have recently modified their holdings of the business. Millennium Management LLC purchased a new stake in Verb Technology in the 2nd quarter valued at about $561,000. Bank of New York Mellon Corp acquired a new stake in shares of Verb Technology in the third quarter worth approximately $274,000. Morgan Stanley grew its holdings in Verb Technology by 102.1% in the third quarter. Morgan Stanley now owns 65,999 shares of the company’s stock valued at $127,000 after purchasing an additional 33,336 shares during the period. Virtu Financial LLC acquired a new position in Verb Technology during the fourth quarter worth approximately $81,000. Finally, Citadel Advisors LLC purchased a new position in Verb Technology during the second quarter worth approximately $57,000. 7.29% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research raised shares of Verb Technology from a “hold” rating to a “buy” rating and set a $0.75 target price for the company in a research note on Thursday, April 21st.

About Verb Technology (Get Rating)

Verb Technology Company, Inc develops Software-as-a-Service applications platform in the United States, Japan, and internationally. It offers verbCRM, a customer relationship management (CRM) application; verbTEAMS, a CRM application for small and medium-sized businesses and solopreneurs; verbLEARN, a learning management system application that incorporates clickable in-video technology featured in its verbCRM application; and verbLIVE, a live eCommerce application.

See Also

Earnings History for Verb Technology (NASDAQ:VERB)

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