Veritone

Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. It operates through the following segments: Advertising, aiWARE SaaS Solutions, and aiWARE Content Licensing and Media Services. The Advertising segment places advertisements for clients, primarily with radio broadcasters, podcasters and digital media producers. The aiWARE SaaS Solutions segment offers solutions through a combination of its direct sales force and indirect channel partners, such as value-added resellers (VARs), distributors, system integrators, managed services providers, and referral partners. The aiWARE Content Licensing and Media Services segment sells and markets activities relating to its digital content licensing services business through its direct sales force. The company was founded by Chad Edward Steelberg and Ryan S. Steelberg on June 13, 2014 and is headquartered in Denver, CO.

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Veritone reports robust Q4 earnings, eyes growth in AI markets

Veritone's strong financial performance, strategic investments, and partnerships position the company for continued growth
Challenges include segment growth concerns, pricing model differentiation, and strategic cash utilization decisions
Opportunities in expanding partnerships, targeting growth sectors, and leveraging AI solutions for market expansion

Veritone reports robust Q1 growth, focuses on profitability in 2023

Veritone's Q1 2023 performance reflects strong growth in total revenue, new bookings, and software customers, driven by AI focus.
While facing challenges in operational losses and declining commercial enterprise revenues, Veritone is leveraging opportunities in GRI and cost savings.
With a solid balance sheet, tightened revenue outlook, and focus on profitability, Veritone is poised for improved financial performance in 2023.

Veritone reports Q2 revenue decline, eyes growth through AI disruption

Veritone faced revenue decline in Q2 but achieved cost savings and aims for growth
Strategic focus on AI-driven disruption and operational excellence remains strong
Challenges include macroeconomic impacts and ongoing net losses
Opportunities lie in market disruption, acquisitions, and cost-saving measures

Veritone reports Q3 revenue of $35.1 million, anticipates growth

Veritone focused on operational excellence and fiscal responsibility in Q3
Strategic initiatives led to $24 million in annualized savings year-to-date
Q4 revenue guidance between $33-34.5 million with a net loss projected
CEO expresses gratitude towards team and highlights customer commitment

Veritone progresses towards profitability in 2024 amidst revenue growth

Veritone's Q4 2023 earnings call highlighted progress towards profitability, growth in key segments, and a strategic focus on cost-saving initiatives.
Despite revenue decline in 2023, the company aims for growth in 2024 with a conservative revenue outlook, targeting profitability by Q4 2024 and positive cash flow in fiscal year 2025.
Veritone's leadership in AI solutions, market adaptability, and commitment to safe AI present strengths amidst financial challenges and growth opportunities.
The company's agility, innovation, and cost-saving measures position them for sustained profitability and market competitiveness in the AI industry.

Veritone targets profitability by Q4 2024 amidst revenue growth

Veritone's Q1 2024 performance showed revenue growth but with an operating loss, aiming for profitability by Q4 2024.
The company's strengths lie in technological advancements, new service offerings, and growth in key sectors.
Challenges include cost management for profitability, while opportunities exist in expanding services and the public sector.

Veritone reports revenue growth and strategic advancements in Q2

Veritone's Q2 2024 performance showed revenue growth, strong sector demand, and improved operational efficiency.
While facing challenges in restructuring and profitability optimization, the company's strengths lie in securing major contracts and advancing its AI technology.
Opportunities for future growth include leveraging market demand, enhancing financial health, and exploring strategic investments.

Veritone divests legacy business, eyes AI growth in fiscal 2025

Veritone's divestiture of its legacy media agency business aims to strengthen its financial position and focus on AI solutions.
Despite financial challenges in Q3 2024, the company is implementing cost-saving measures to drive efficiency and return to growth.
With a strategic focus on AI applications and a projected breakout year in fiscal 2025, Veritone is poised for future success.

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Veritone Inc (NASDAQ: VERI) expanded the availability of the aiWARE Government for all components of the U.S. Department of Justice (DOJ).  Initially sponsored by the Executive Office for U.S. Attorneys (EOUSA) within the DOJ, Veritone has obtained an expanded, enterprise-wide Authority to Operate (ATO) from the FedRAMP authorization board for its aiWARE Government platform.

Veritone Shares Pop On Becoming US' Sole DOJ Approved Multi Cloud AI Platform Provider

DENVER--(BUSINESS WIRE)--Veritone Becomes First Multi Cloud AI Platform Provider Approved for Use Across the Entire US Department of Justice

Veritone Becomes First Multi Cloud AI Platform Provider Approved for Use Across the Entire US Department of Justice

DENVER--(BUSINESS WIRE)--Bauer Media UK Signs With Veritone to Supercharge Audio and Video Campaigns

Bauer Media UK Signs With Veritone to Supercharge Audio and Video Campaigns

DENVER--(BUSINESS WIRE)---- $VERI #AI--Veritone, Inc. announced today the details of its third quarter 2021 financial results conference call.

Veritone to Hold Third Quarter 2021 Results Conference Call on November 9th

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive Enterprise AI platform, announced today that MediaWorks has licensed Veritone Attribute, a leading AI-driven application providing real-time insights into data-driven advertising performance. As New Zealand's leading radio and outdoor media company, MediaWorks' network reaches more than 2.5 million weekly listeners and has more than 5,000 outdoor touchpoints nationwide. Veritone Attribute is a turnkey a

Veritone Signs Exclusive Deal with MediaWorks to Provide AI-Driven Insights Into Advertising Performance

DENVER--(BUSINESS WIRE)--Veritone Law Enforcement Transparency and Trust Report Finds Americans Mostly Aligned on Policing

Veritone Law Enforcement Transparency and Trust Report Finds Americans Mostly Aligned on Policing

Veritone, Inc. (VERI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Veritone, Inc. (VERI) Stock Jumps 16%: Will It Continue to Soar?

Veritone Inc (NASDAQ: VERI) is trading higher Thursday after the company announced a new exclusive international licensing agreement with CBS News. The three-year exclusive international agreement is expected to increase access to millions of hours of archival and breaking news content.

Why Is Veritone's Stock Trading Higher Today?

PAVmed

In a rising market, these companies looked especially impressive.

These 2 Nasdaq Small Caps Just Got Big Boosts

Cloud-based cognitive software company Veritone Inc (NASDAQ: VERI) forged an exclusive international content licensing agreement with CBS News, owned by ViacomCBS (NASDAQ: VIAC) The new three-year contract will enhance the search and discoverability of content and provide additional licensing opportunities to the international creative community.

Veritone Scoops Content Licensing Contract With CBS News

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive Enterprise AI platform, today announced an exclusive international content licensing agreement with CBS News. Together for the last 11 years, CBS News and Veritone have served television producers, filmmakers, podcasters and content creators by providing unprecedented access to the CBS News archives with search and discovery powered by aiWARETM. With this new three-year exclusive international agreement

Veritone Announces New Exclusive International Licensing Agreement with CBS News

The buyout is expected to help Veritone (VERI) accelerate its push into the human resources and talent acquisition market.

Veritone (VERI) Announces Completion of PandoLogic Buyout

DENVER--(BUSINESS WIRE)-- #VERI--Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive enterprise AI operating system, announced today it has closed the acquisition of PandoLogic, Inc., a leading provider of intelligent hiring solutions. Total consideration to be paid, on a cash and debt-free basis, is $150 million, payable in Veritone cash and stock, with performance earnouts through fiscal 2022. The acquisition is expected to be immediately accretive, with PandoLogic generating over $50

Veritone Closes Acquisition of PandoLogic

DENVER--(BUSINESS WIRE)--Top Digital Media Studio Mythical Entertainment to Develop Synthetic Voices with Veritone MARVEL.ai

Top Digital Media Studio Mythical Entertainment to Develop Synthetic Voices with Veritone MARVEL.ai

DENVER--(BUSINESS WIRE)--Veritone “AI Object Notation” Media Type Simplifies the Storage and Transmission of Cognitive AI Data

Veritone “AI Object Notation” Media Type Simplifies the Storage and Transmission of Cognitive AI Data

Veritone, Inc. (VERI) CEO Chad Steelberg on Q2 2021 Results - Earnings Call Transcript

DENVER--(BUSINESS WIRE)---- $VERI #earnings--Veritone Reports Record Q2 Results, Raises Guidance for Fiscal 2021

Veritone Reports Record Q2 Results, Raises Guidance for Fiscal 2021

Crocs

Some big wins are coming from unexpected places.

These 2 Nasdaq Gainers Are Worth a Closer Look

Veritone Inc (NASDAQ:VERI) has agreed to acquire intelligent hiring solutions provider PandoLogic, Inc for $150 million in cash and stock. The purchase price includes $50 million in cash and $35 million in Veritone stock.

Veritone To Acquire Intelligent Hiring Platform PandoLogic For $150M

DENVER--(BUSINESS WIRE)---- $VERI #AI--Veritone, Inc. (Nasdaq: VERI), the creator of the world's first operating system for artificial intelligence, announced it signed a definitive agreement to acquire PandoLogic, Inc, a leading provider of intelligent hiring solutions. Total consideration of $150 million on a cash and debt free basis, payable in Veritone cash and stock, with performance earnouts through fiscal 2022. This values the transaction at approximately three times PandoLogic's expected 2021 GAAP re

Veritone to Acquire PandoLogic, Expanding AI Platform for Intelligent Recruitment

DENVER--(BUSINESS WIRE)--Veritone to Provide Six Months of Video Redaction Software to Law Enforcement Agencies in Receipt of BOJ Grant for Body-Worn Cameras

Veritone to Provide Six Months of Video Redaction Software to Law Enforcement Agencies in Receipt of Bureau of Justice Assistance (BJA) Grant for Body-Worn Cameras

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), the creator of the world's first operating system for artificial intelligence, aiWARE™, is scheduled to participate in the following conferences: D.A. Davidson Bison Select Virtual Conference Wednesday, August 4 Virtual 1x1 meetings Oppenheimer 24th Annual Technology, Internet & Communications Conference Wednesday, August 11 Presentation at 10:15 am Pacific Time/1:15 pm Eastern Time. Virtual 1x1 meetings Presentations and webcast are a

Veritone, Inc. to Participate at the Oppenheimer and D.A. Davidson Conferences in August

DENVER--(BUSINESS WIRE)---- $VERI #AI--Veritone, Inc. (NASDAQ: VERI), the creator of the world's first operating system for artificial intelligence, aiWARE™, today announced the details of its second quarter 2021 financial results conference call. Veritone will hold a conference call on Tuesday, August 3, 2021, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its results for the second quarter 2021, provide an update on the business, and conduct a question and answer session. To listen, please j

Veritone to Hold Second Quarter 2021 Results Conference Call on August 3rd

DENVER--(BUSINESS WIRE)-- #AI--Veritone releases new version of its aiWARE operating system for AI

Veritone Releases New Version of Its aiWARE Operating System for AI

DENVER--(BUSINESS WIRE)-- #artificialintelligence--Veritone Announces Device Learning Model for SMA Sunny Central Solar Inverters, Driving Grid Reliability in the Global Transition to Green Energy

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