Veritone Inc expected to post a loss of 20 cents a share - Earnings Preview

Veritone

04/05/2024 03:06

* Veritone Inc  VERI.OQ   VERI.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Denver Colorado-based  company is expected to report a
1.4% increase in revenue to $30.7 million from $30.26 million a
year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on March 12 2024, for the
period ended March 31, was for revenue between $30.50 million
and $31.50 million.
    * ​LSEG's mean analyst estimate for Veritone Inc is for a
loss
of 20 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Veritone
Inc is
$4.00​, above​ its last closing price of $3.36. ​​​

This summary was machine generated May 4 at 02:04 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)