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

Verb Technology (NASDAQ:VERB) announced its quarterly earnings results on Tuesday. The company reported ($2.20) earnings per share for the quarter, topping the consensus estimate of ($2.52) by $0.32, Zacks reports. Verb Technology had a negative net margin of 5,002.98% and a negative return on equity of 88.37%.

Verb Technology Price Performance

Verb Technology stock traded up $0.21 during mid-day trading on Tuesday, reaching $5.93. 139,061 shares of the company were exchanged, compared to its average volume of 303,467. Verb Technology has a 12-month low of $4.36 and a 12-month high of $80.76. The business has a fifty day moving average of $5.44 and a 200 day moving average of $7.84. The company has a quick ratio of 4.05, a current ratio of 4.05 and a debt-to-equity ratio of 0.01.

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.