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Posted On: 07/14/2020 1:31:19 PM
Post# of 32689
This may "help" explain the drop in pps.
This is the Headline that the market reads:
VERB reports preliminary Q2 revenue below consensus
Jul. 13, 2020 10:11 AM ET|About: Verb Technology Company... (VERB)|By: Niloofer Shaikh, SA News Editor
VERB Technology (VERB -0.7%) expects Q2 total revenue of ~$2.61M vs. consensus of $2.69M.
Software as a Service (SaaS) recurring subscription revenue rose 47.3% Y/Y to ~$1.264M and total user downloads for the quarter grew 118.3% Y/Y to ~1.459M.
The company expects final reported results will demonstrate the addition of more than $800K of annual recurring SaaS revenue in Q2, representing largest quarterly SaaS revenue increase ever.
https://seekingalpha.com/news/3590602-verb-re...ent=link-4
This is the Headline that the market reads:
VERB reports preliminary Q2 revenue below consensus
Jul. 13, 2020 10:11 AM ET|About: Verb Technology Company... (VERB)|By: Niloofer Shaikh, SA News Editor
VERB Technology (VERB -0.7%) expects Q2 total revenue of ~$2.61M vs. consensus of $2.69M.
Software as a Service (SaaS) recurring subscription revenue rose 47.3% Y/Y to ~$1.264M and total user downloads for the quarter grew 118.3% Y/Y to ~1.459M.
The company expects final reported results will demonstrate the addition of more than $800K of annual recurring SaaS revenue in Q2, representing largest quarterly SaaS revenue increase ever.
https://seekingalpha.com/news/3590602-verb-re...ent=link-4
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