Veritone (VERI) Misses Q1 EPS by 4c

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Go back to Veritone (VERI) Misses Q1 EPS by 4c

Veritone Reports First Quarter 2022 Results

May 3, 2022 4:05 PM EDT

- Q1 Revenue of $34.4 Million Increased 88% for GAAP and 45% for Pro Forma Year over Year -

- Q1 Software Revenue of $18.2 Million Grew 288% for GAAP and 78% for Pro Forma Year over Year -

- Q1 SaaS Customers Increased to 559, Up 45% on a Pro Forma Basis Year over Year -

- Q1 New Bookings of $9.6 Million, Up 292% Year over Year -

- Held $237.6 Million Cash and Cash Equivalents at March 31, 2022 (1)-

DENVER--(BUSINESS... More