Veritone (VERI) Tops Q3 EPS by 4c; Raises Outlook
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Veritone Beats Top and Bottom Line Guidance with Record Q3 Results, Raises Guidance for Fiscal 2021
November 9, 2021 4:14 PM EST- Q3 Software Product & Services Revenue Up 169% Year over Year -Â
Generated Record Revenue of $22.7 Million, Up 44% Year over Year Grew Software Products & Services Revenue to $9.0 Million, Up 169% Year over Year Increased Gross Profit to $16.8 Million, Up 50% Year over Year Reported GAAP Net Loss of $11.4 Million, Compared to $11.0 Million in Q3 2020 Posted Non-GAAP Net Loss of $2.3 Million, a 46% Improvement Year over Year Raised Full Year 2021 Guidance, Increasing Revenue Midpoint to $104.3 Million and Improving Non-GAAP Net Loss Midpoint to $0.8 Million Closed... More