Recap: Veritone Q4 Earnings

Veritone VERI reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Veritone missed estimated earnings by -7.000000000000001%, reporting an EPS of $-0.16 versus an estimate of $-0.15.

Revenue was down $9.69 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 11.0% drop in the share price the next day.

Here's a look at Veritone's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.18 -0.25 -0.24 0.07
EPS Actual -0.21 -0.35 -0.26 0.05
Revenue Estimate 35.86M 29.07M 29.79M 44.76M
Revenue Actual 35.13M 27.97M 30.26M 43.89M

To track all earnings releases for Veritone visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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