Veritone Inc reports results for the quarter ended March 31 - Earnings Summary
09/05/2025 24:18
Veritone Inc VERI.OQ reported a quarterly adjusted loss of 25 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of four analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -25 cents to -18 cents per share. Revenue fell 29% to $22.46 million from a year ago; analysts expected $23.78 million. Veritone Inc's reported EPS for the quarter was a loss of 44 cents. The company reported a quarterly loss of $19.88 million. Veritone Inc shares had fallen by 20.0% this quarter and lost 43.3% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 70.7% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS 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 average consensus recommendation for the it services & consulting peer group is also "buy" Wall Street's median 12-month price target for Veritone Inc is $5.25 This summary was machine generated from LSEG data May 8 at 11:18 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | -0.21 | -0.25 | Missed |
| Dec. 31 2024 | -0.22 | -0.20 | Beat |
| -0.19 | |||
| -0.59 |
Recent news on Veritone
See all newsUS STOCKS ON THE MOVE-Cardinal Health, nVent, Acuity
U.S. STOCKS ON THE MOVE-Cardinal Health, Fervo Energy, Rocket Lab
U.S. STOCKS ON THE MOVE-Progress Software, Vicor Corp, Accenture
Veritone plunges on deep-discounted direct stock deal
Brief: Veritone - Now Estimates $3.90 Million-$4.50 Million In Employee Transition Costs And $0.70 Million-$0.80 Million In Exit Costs