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08.05.25 - 22:18
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Veritone Reports First Quarter 2025 Results (Business Wire)
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– Q1 Total Revenue of $22.5 Million, in line with outlook from preliminary results –
– Total ARR (SaaS and Consumption) of $58.7 Million from 3,156 Total Software Products & Services Customers, including ARR (SaaS) of $47.5 Million or 81% from Subscription-based Customers –
– Q1 Total New Bookings of $15.8 Million, up 22% Year over Year –
– Veritone Data Refinery “VDR” exited the quarter with a qualified and near-term pipeline of over $10.0 Million, up from $5.0 Million in March 2025 –
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced results for the first quarter ended March 31, 2025.
President and Chief Executive Officer Ryan Steelberg commented, "Veritone delivered solid topline performance in the first quarter of 2025, and continues with strong momentum into Q2, highlighting the (i) stabilization of our business, (ii) our improved financial condition following the completion of previously announ...
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25.04.25 - 22:45
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Veritone to Hold First Quarter 2025 Results Conference Call on May 8th (Business Wire)
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DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the details of its first quarter 2025 financial results conference call.
Veritone will hold a conference call on Thursday, May 8, 2025, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time), to discuss its results for the first quarter 2025, provide an update on the business and conduct a question-and-answer session. To participate, please join the conference call or live audio webcast links or use the following dial-in numbers and ask to be connected to the Veritone earnings conference call. To avoid any delays, please join at least fifteen minutes prior to the start of the call.
Conference Call
Live Audio Webcast
Domestic Call Number: (800) 830-9649
International Call Number: (213) 992-4624
About Veritone
Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Verito...
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22.04.25 - 22:42
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Veritone Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) (Business Wire)
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DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced that the Compensation Committee of its Board of Directors granted an equity award on April 2, 2025 under its Inducement Grant Plan to one new employee, as an inducement material to her entering into employment with Veritone in accordance with Nasdaq Listing Rule 5635(c)(4).
This equity award consists of restricted stock units representing the right to receive upon vesting an aggregate of 60,000 shares of Veritone's common stock.
The restricted stock units granted vest over a four-year period, in equal tranches on the anniversaries of the grant date, in each case subject to the employee's continuous service with Veritone through the relevant vesting date. The new employee is not an executive officer of Veritone.
About Veritone
Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquis...
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13.03.25 - 21:42
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Veritone Announces Appointment of Francisco Morales to Board of Directors (Business Wire)
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Executive Chairman of 5.11 Tactical brings Public Sector and global business operations expertise to Veritone
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the appointment of Francisco J. Morales to its Board of Directors, to be effective March 20, 2025.
Francisco J. Morales is the Co-founder and Executive Chairman of 5.11 Tactical and its former CEO. Founded in 2003, 5.11 Tactical is widely recognized as a global market leader in tactical apparel, footwear, and gear for law enforcement, military, and first responders, serving thousands of agencies and institutions worldwide.
“I am pleased to welcome our new board member, Francisco J. Morales, to Veritone,” said Ryan Steelberg, Chairman & CEO. “We are confident that Francisco's wealth of operating and marketing expertise will be instrumental as we build on Veritone's momentum and further extend the reach of our transformative AI-driven platform, applications, an...
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13.03.25 - 21:27
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Veritone Reports Fourth Quarter and Fiscal Year 2024 Results (Business Wire)
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Fiscal Year 2024 Revenue of $92.6 million, in line with outlook
Q4 Software and Managed Services Revenue of $15.5 million and $6.9 million, respectively
ARR of $58.8 million from 3,237 Total Software Products & Services Customers, including $47.5 million or 81% from subscription-based customers
Completed divestiture of media agency in October 2024 for total consideration of up to $104 million, including $59.1 million of cash at closing and up to $18 million in earnout subject to the media agency's revenue performance in calendar year 2025
Completed a $20.3 million common stock registered direct offering in January 2025 and entered into a $35.0 million ATM (at-the-market) facility in November 2024, from which Veritone raised $4.7 million in gross proceeds in 2024
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ:VERI), a leader in designing human-centered AI solutions, today reported results for the fourth quarter and fiscal year ended December 31, 2024.
“Veritone delivered solid topline performance in th...
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26.02.25 - 23:21
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Veritone to Hold Fourth Quarter and Full Year 2024 Results Conference Call on March 13th (Business Wire)
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DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the details of its fourth quarter and full year 2024 financial results conference call.
Veritone will hold a conference call on March 13, 2025, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time), to discuss its results for the fourth quarter and full year 2024, provide an update on the business and conduct a question-and-answer session. To participate, please join the audio webcast or dial in and ask to be connected to the Veritone earnings conference call. To avoid a delay in dialing in, please pre-register or join the live audio webcast.
Pre-Registration*
Live Audio Webcast
Domestic Call Number: (844) 750-4897
International Call Number: (412) 317-5293
* Please note that pre-registered participants will receive their dial-in number and unique PIN upon registration.
About Veritone
Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the...
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28.01.25 - 13:03
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Veritone Releases Analysis of Q4 2024 and Annual 2024 U.S. Bureau of Labor Statistics Jobs Data and AI Job Growth (Business Wire)
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AI remains a shining beacon in the U.S. jobs economy with faster growth and higher salaries than the national jobs aggregateDENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today released its analysis of Q4 2024 and annual 2024 aggregated U.S. Bureau of Labor Statistics (BLS) Jobs Reports, which provide insights into the latest employment trends and market dynamics shaping the U.S. labor market. Leveraging data from Aspen Technology Labs, Inc., a global leader in web data management services and recruitment technology, Veritone also analyzed Q4 and annual 2024 AI job growth.
According to BLS data, total nonfarm payroll employment increased by 495,000 in Q4, marking a decrease of 2.94% from the 510,000 jobs added in Q3. The U.S. unemployment rate held steady at 4.1%, a 2½ year high. In Q4, average hourly earnings increased a modest .65% from $35.46 to $35.69. In 2024, average hourly earnings increased by 3.9%, the slowest pace in three ye...
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02.01.25 - 13:36
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Veritone Announces Pricing of $20.3 Million Registered Direct Offering (Business Wire)
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DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI) (“Veritone” or the “Company”), a leader in building human-centered enterprise AI solutions, today announced that it has entered into a definitive agreement providing for the purchase and sale of an aggregate of 8,023,716 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.53 per share (or $2.52 for each pre-funded warrant) in a registered direct offering to Esousa Group Holdings, LLC, a New York based family office. The pre-funded warrants have an exercise price of $0.01, are immediately exercisable, subject to certain limitations, and will have a term of five years from the original issue date. The closing of the offering is expected to occur on or about January 3, 2025, subject to the satisfaction of customary closing conditions.
The aggregate gross proceeds to the Company from the offering are expected to be approximately $20.3 million, before deducting offering expenses payable by the Company. The Comp...
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