Verb Technology (NASDAQ:VERB) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Verb Technology (NASDAQ:VERB) announced its quarterly earnings results on Wednesday. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01, Zacks reports. Verb Technology had a negative return on equity of 632.48% and a negative net margin of 29,301.47%. The business had revenue of $0.04 million for the quarter.

Verb Technology Stock Performance

VERB remained flat at $0.07 during trading on Friday. The company’s stock had a trading volume of 4,150,352 shares, compared to its average volume of 15,905,656. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.35 and a current ratio of 2.35. The business has a fifty day simple moving average of $0.11 and a 200 day simple moving average of $0.15. Verb Technology has a 52 week low of $0.06 and a 52 week high of $3.30.

About Verb Technology

Verb Technology Company, Inc, through its subsidiaries, develops Software-as-a-Service applications platform. It offers MARKET.live, a livestream social shopping platform, that allows brands, retailers, and creators to broadcast shopping events on various social media channels, as well as services that range from production of livestream events to host and event consulting, and drop ship and creator programs.