Veritone(VERI)
Search documents
Veritone Statement on Q3 Results
Businesswire· 2025-11-10 12:30
Nov 10, 2025 7:30 AM Eastern Standard Time Veritone Statement on Q3 Results Share IRVINE, Calif.--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI) ("Veritone†or the "Company†), a leader in enterprise AI and data solutions, released the following statement today surrounding recent market and trading activity: Today, the Company is clarifying its third-quarter commentary and providing context on certain non-cash and non-operational expenses that affected the third quarter of 2025 because of certain published ...
Veritone(VERI) - 2025 Q3 - Quarterly Report
2025-11-07 21:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to ____________________ Commission File Number: 001-38093 Veritone, Inc. (Exact name of registrant as specified in its charter) (888) ...
Wall Street Analysts Think Veritone (VERI) Could Surge 65.88%: Read This Before Placing a Bet
ZACKS· 2025-11-07 15:56
Shares of Veritone, Inc. (VERI) have gained 21.7% over the past four weeks to close the last trading session at $6.39, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $10.6 indicates a potential upside of 65.9%.The average comprises five short-term price targets ranging from a low of $3.00 to a high of $25.00, with a standard deviation of $8.5. While the lowest estimate indicate ...
Veritone outlines Q4 revenue target of up to $39.4M driven by VDR expansion and major debt reduction (NASDAQ:VERI)
Seeking Alpha· 2025-11-07 01:36
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
Veritone, Inc. (VERI) Reports Q3 Loss, Beats Revenue Estimates
ZACKS· 2025-11-07 01:06
Core Insights - Veritone, Inc. reported a quarterly loss of $0.08 per share, better than the Zacks Consensus Estimate of a loss of $0.11, and improved from a loss of $0.19 per share a year ago, resulting in an earnings surprise of +27.27% [1] - The company achieved revenues of $29.12 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.81% and showing a year-over-year increase from $21.99 million [2] - Veritone shares have increased approximately 104% year-to-date, significantly outperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The future performance of Veritone's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $33.32 million, and for the current fiscal year, it is -$0.54 on revenues of $108.39 million [7] Industry Context - The Technology Services industry, to which Veritone belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]
Veritone(VERI) - 2025 Q3 - Earnings Call Transcript
2025-11-06 23:00
Financial Data and Key Metrics Changes - Veritone reported Q3 2025 revenue of over $29 million, representing a 32% year-over-year increase [10][20] - The annual debt service burden has decreased from over $14 million to approximately $800,000, significantly improving the financial foundation [5][30] - Non-GAAP net loss from continuing operations improved by 48% year-over-year, from $11.1 million in Q3 2024 to $5.8 million in Q3 2025 [25] Business Line Data and Key Metrics Changes - Revenue from software products and services grew by 55% during the quarter, with a more than 200% increase when excluding Veritone Hire [10][20] - The Veritone Data Refinery (VDR) business saw a 100% growth in its qualified pipeline and bookings, now exceeding $40 million [11][12] - Managed services revenue declined by $1 million, primarily due to a decrease in representation services [21] Market Data and Key Metrics Changes - The public sector pipeline has grown to approximately $218 million in qualified opportunities, up from $110 million earlier this year [15] - International pipeline now exceeds $28 million, reflecting strong demand for AI solutions in global markets [16] - The global tokenized asset market is projected to reach $13.5 trillion by 2030, indicating significant market potential for Veritone [9] Company Strategy and Development Direction - Veritone is focused on its AIware-first mission and aims to achieve operating profitability in late 2026 [6][7] - The company is positioned as a leading semantic token factory for video and audio, with plans to roll out major monetization initiatives starting in Q1 2026 [8][10] - The strategy includes expanding partnerships and securing contracts with major hyperscalers to enhance its market position [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's future, highlighting the successful transformation and strategic positioning for growth [4][18] - The company anticipates continued growth in both public sector and commercial enterprise segments, despite challenges from the federal government shutdown [40][42] - Management remains optimistic about the potential for a strong recovery in the public sector once the government reopens [44] Other Important Information - Veritone completed an underwritten equity offering, raising a total of $103.8 million in September and October 2025 [28][29] - The company has agreed to pay off 100% of its term debt and buy back 50% of its convertible notes, significantly improving liquidity [30] Q&A Session Summary Question: What factors could drive revenue to the high end of Q4 guidance? - Management indicated that timing and velocity of larger VDR deals would influence revenue expectations [35][36] Question: What is being done to drive VDR pipeline growth? - Management noted that they are expanding go-to-market efforts and have a mature pipeline to support growth [36][39] Question: How is the federal government shutdown affecting public sector revenue? - Management acknowledged some delays but remains optimistic about growth in the public sector [42][44] Question: What is the strategy for Veritone Hire? - Management described Veritone Hire as stable and a meaningful contributor to cash flow, despite being flat or slightly down [46][47]
Veritone(VERI) - 2025 Q3 - Earnings Call Presentation
2025-11-06 22:00
Investor Presentation November 2025 Copyright © 2025 Veritone, Inc. All rights reserved. Copyright © 2025 Veritone, Inc. All rights reserved. Trademarks are the property of their respective owners. Forward-Looking Statements & Disclaimers Copyright © 2025 Veritone, Inc. All rights reserved. This presentation of Veritone, Inc. (the "Company") contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. Without ...
Veritone Reports Strong Third Quarter 2025 Results
Businesswire· 2025-11-06 21:45
Core Insights - Veritone, Inc. reported a significant growth in core AI software revenue, exceeding 200% in the third quarter of 2025 [1] - The company has strengthened its liquidity position through two equity offerings [1] - Veritone remains on track to achieve profitability by the latter part of 2026 [1]
Veritone Gears Up to Post Q3 Earnings: What's in the Cards?
Yahoo Finance· 2025-11-05 15:48
Veritone VERI is set to report its third-quarter 2025 earnings on Nov. 6, after the bell. The Zacks Consensus Estimate for VERI’s loss for the soon-to-be-reported quarter is pegged at 11 cents per share, indicating an increase of 42.1% year over year. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $28.6 million, which indicates a rise of 30.1% year over year. Veritone, Inc. Price and EPS Surprise Veritone, Inc. Price and EPS Surprise Veritone, Inc. price-eps-surprise | Veritone, Inc. ...
Needham Initiates ‘Buy’ Rating on Veritone Inc. (VERI) with a $10 Price Target
Yahoo Finance· 2025-10-28 14:06
Core Viewpoint - Veritone Inc. (NASDAQ:VERI) is highlighted as a promising AI stock under $20, with a recent 'Buy' rating initiated by Needham and a price target of $10, following a significant stock rally of 180% over the past six months [1][2]. Company Overview - Veritone Inc. is an enterprise AI company that specializes in developing software and services aimed at transforming unstructured data, such as audio and video, into actionable intelligence [4]. - The company's core platform, aiWARE, functions as an AI operating system that integrates various AI models to automate tasks and enhance efficiency across multiple industries, including media and entertainment, public sector, legal, and talent acquisition [4]. Market Opportunities - Needham anticipates that Veritone will continue to outperform the market, driven by growth in several segments as the company targets specific market opportunities [2]. - The expected momentum is attributed to advancements in the aiWARE platform, which allows customers to convert unstructured data into structured business outcomes [2]. - Additionally, Veritone is projected to benefit from growth in the AI data training market, public sector application sales, and aiWARE platform sales across diverse end markets [3].