Veritone Inc expected to post a loss of 19 cents a share - Earnings Preview

Veritone

06/05/2025 22:34

Veritone Inc VERI.OQ VERI.O is expected to show a fall in quarterly revenue when it reports  results on May 8 for the period ending March 31 2025

The Denver Colorado-based  company is expected to report a 23.8% decrease in revenue to $24.116 million from $31.64 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on March 13 2025, for the period ended March 31, was for revenue between $23.00 million and $24.00 million.

‚ÄčLSEG's mean analyst estimate for Veritone Inc is for a loss of 19 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 0.7% in the last three months. ‚Äč

Wall Street's median 12-month price target for Veritone Inc is $5.25‚Äč, above‚Äč its last closing price of $1.98. ‚Äč‚Äč‚Äč

The company's guidance on March 13 2025 for the period ended March 31 was for gross profit margin of USD71%.

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.22
-0.22
-0.20
Beat
10.4
2024
-0.19
-0.59
‚Äč
Mar. 31 2024
-0.20
-0.20
-0.20
Met
0
‚Äč‚ÄčDec. 31 2023
-0.15
-0.16
Missed
-8.5
Sep. 30 2023
-0.18
-0.18
-0.21
Missed
-16.7‚Äč
Jun. 30 2023
-0.26
-0.25
-0.35
Missed
-42.3
Mar. 31 2023
-0.24
-0.24
-0.26
Missed
-8.6

This summary was machine generated May 6 at 21:34 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)