Veritone Reports Financial Results for the Fourth Quarter and Full Year 2019

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Go back to Veritone Reports Financial Results for the Fourth Quarter and Full Year 2019

Veritone One (VERI) Tops Q4 EPS by 5c

March 4, 2020 4:06 PM EST

Veritone One (NASDAQ: VERI) reported Q4 EPS of ($0.33), $0.05 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $12.4 million versus the consensus estimate of $12.14 million.

The Veritone team delivered better than expected results in the fourth quarter of 2019, with strength in aiWARE SaaS and Advertising offsetting the normal seasonal softness in content licensing, said Chad Steelberg, CEO and Chairman of Veritone. The business realignment we implemented in November is already yielding streamlined product... More