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Veritone (VERI)
:VERI
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.18Last Year’s EPS
-0.18Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -29.65%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive developments, including strong new business agreements, growth in the Veritone Data Refinery, and public sector expansion. However, these were offset by revenue declines and challenges in managed services and Veritone Hire due to the macroeconomic environment.Company Guidance
In the first quarter of 2025, Veritone Inc. provided guidance highlighting several key metrics and strategic focuses. The company's revenue was reported at $22.5 million, a decrease from the previous year, primarily due to declines in managed services and software products. Despite this, Veritone secured over 100 new business and renewal software agreements. The public sector pipeline has expanded to exceed $110 million, indicating robust demand for AI applications and services. The Veritone Data Refinery (VDR) is expected to generate significant revenue, with the near-term pipeline doubling to over $10 million. The company's annual revenue guidance for 2025 is set between $104 million and $115 million, with expectations of a 100% to 150% growth in the public sector. Non-GAAP gross margins are projected to range between 65% to 70% throughout the year. Veritone remains optimistic about its strategic positioning and growth potential across various sectors, including media, entertainment, and public safety.Record New Business Agreements
Veritone secured over 100 new business and renewal software agreements during the first quarter, including major clients such as Fremantle, Odyssey, and Cox Media Group.
Strong Growth in Veritone Data Refinery (VDR)
VDR is expected to generate significant revenue for the remainder of the year with a pipeline of over $10 million, up from $5 million just a few weeks ago.
Public Sector Expansion
Veritone's public sector pipeline now exceeds $110 million, with new contracts and expansions in various law enforcement and federal agencies.
Partnerships and Collaborations
Veritone Hire expanded its network, partnering with Workday as a Certified Platinum Partner, generating numerous new opportunities and clients.
AI Solutions Empowering Media and Entertainment
Veritone's AI solutions provided significant efficiencies and growth in media and entertainment, as demonstrated by the successful execution at the Masters Golf Tournament.
VERI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VERI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $1.99 | $1.81 | -9.05% |
Mar 13, 2025 | $2.34 | $2.61 | +11.54% |
Nov 12, 2024 | $3.74 | $2.84 | -24.06% |
Aug 08, 2024 | $2.69 | $2.36 | -12.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Veritone (VERI) report earnings?
Veritone (VERI) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Veritone (VERI) earnings time?
Veritone (VERI) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VERI EPS forecast?
VERI EPS forecast for the fiscal quarter 2025 (Q2) is -0.18.