AI
Sunday, September 06, 2020 3:32:59 AM
Verb Reports it's Fifth Consecutive Quarter of SaaS Revenue Growth
VERB Beats SaaS Revenue Forecast and Reports Record Breaking 2020 Second Quarter Financial Results
(SAAS revenue is now the "largest and fastest" growing component of our total revenue.)
Filed GAAP:
2019 Q2 was $858,000.
Q3 was $953,000.
Q4 was $995,000.
2020 Q1 was $1,057,000,
and Q2, our currently reported quarter was $1,274,000.
The monthly recurring subscription component of the digital revenue, our SAAS revenue, is very high-margin business, with gross margins above 80% and now it’s the largest and fastest growing component of our total revenue.
It aint rocket science!
Five Catalysts for Hyper-Growth
Definition of stupid: Knowing the truth, seeing evidence of the truth, but still believing the lie.
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