Verb Technology (NASDAQ:VERB) Posts Quarterly Earnings Results, Beats Expectations By $0.32 EPS

Verb Technology (NASDAQ:VERB) announced its quarterly earnings data on Tuesday. The company reported ($2.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.52) by $0.32, Zacks reports. Verb Technology had a negative return on equity of 88.37% and a negative net margin of 5,002.98%. The firm had revenue of $0.72 million for the quarter, compared to analysts’ expectations of $0.20 million.

Verb Technology Price Performance

Verb Technology stock opened at $5.47 on Wednesday. Verb Technology has a 1 year low of $4.36 and a 1 year high of $80.76. The firm’s 50-day moving average is $5.43 and its 200-day moving average is $7.78. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 4.05.

Verb Technology Company Profile

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.