Veritone One (VERI) Tops Q2 EPS by 5c, Revenues Beat; Offers 3Q Revenue Guidance Above Consensus

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Go back to Veritone One (VERI) Tops Q2 EPS by 5c, Revenues Beat; Offers 3Q Revenue Guidance Above Consensus

Veritone Beats Top- and Bottom-Line Guidance with Record Q3 2020 Financial Results

November 9, 2020 4:05 PM EST

Record Revenue of $15.7 Million, Up 18% Sequentially and 23% Year over Year Grew aiWARE SaaS Solutions Revenue to $3.4 Million, Up 43% Year over Year Recognized Revenue of $0.4 Million and Bookings of Over $1.0 Million from New Veritone Energy Solutions Increased Gross Profit to $11.2 Million, Up 30% Year over Year Improved GAAP Net Loss to $11.0 Million, a 22% Increase Year over Year Posted Non-GAAP Net Loss of $4.3 Million, an Improvement of 56% Year over Year Recorded First Time Non-GAAP Net Income from Core Operations of $0.4 Million, an Improvement of... More