Went back and reread the Litchfield Hills Research
Post# of 32627
Theodore R. O’Neill, IRC, CEO
25+ years experience as a Sell-Side Analyst w/ Wells Fargo, A.G. Edwards, Needham & Co. Registered with Ascendiant Capital Markets, a full-service investment bank in Irvine, CA
Two-time winner The Wall Street Journal All-Star Analyst
Investor Relations Charter (IRC) Holder
Research focus on all sectors except banking
Member, IEEE, National Investor Relations Institute (NIRI), Penn Club NYC (our NYC office meeting venue)
NIRI Virtual Chapter – Board Member
Analyst Theodore R. O’Neill is initiating coverage of Verb Technology Company, Inc. (VERB)
• We are initiating coverage of Verb Technology Company, Inc. with a Buy rating and an $5.35 price
target. It’s Facebook (FB-NR) meets Instagram for the CRM and business world and growing rapidly
• CRM market is large but VERB has a chance to make it significantly larger. VERB products are intuitive
and easy to use. They can be used effectively by anyone from a crafter selling on Etsy (ETSY-NR) to a
large sales-based organization.
• Revenue recognition for subscription-based businesses may be loved by accountants, but orders are
the leading indicator and we would encourage management to continue providing aggregate order data
• Model near term subject to significant change. Subscription-based business models are difficult to
model at the early stage and VERB is in the early stage. We would be somewhat surprised if our estimates
didn’t change post the 3Q19 results expected this week.
• Shares appear to be priced significantly below absolute and comparative metrics
• 2018 results shown are pro-forma the merger with Sound Concepts
http://www.hillsresearch.com/wp-content/uploa...iation.pdf
Verb Technology Company, Inc (VERB) Stock Research Links
Rory J. Cutaia
Founder, Chairman & CEO