Veritone, Inc. (VERI) Reports Q3 Loss, Beats Revenue Estimates

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]