Veritone(VERI) - 2023 Q4 - Annual Results

Exhibit 99.1 Veritone Reports Fourth Quarter and Fiscal Year 2023 Results – Fiscal Year 2023 Revenue of $127.6 Million, in line with previously stated guidance – – Q4 Total Revenue and Software Revenue of$34.2 and $19.8 million – – ARR(1) of$82.1 million from 3,460 Total Software Products & Services Customers(1) , including $48 million or 58% from subscription-based customers(1)demonstrating diversified & stable revenue streams – – Announced restructuring in Q1 2024 resulting in forecasted annualized savi ...