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Veritone Inc

Veritone Inc (VERI)

4.57
-0.29
(-5.97%)
Closed April 15 4:00PM
4.50
-0.07
( -1.53% )
Pre Market: 7:02AM

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Key stats and details

Current Price
4.50
Bid
4.49
Ask
4.60
Volume
1,813
0.00 Day's Range 0.00
1.48 52 Week Range 7.76
Market Cap
Previous Close
4.57
Open
-
Last Trade
12
@
4.49
Last Trade Time
06:41:32
Financial Volume
-
VWAP
-
Average Volume (3m)
2,680,595
Shares Outstanding
37,052,309
Dividend Yield
-
PE Ratio
-2.89
Earnings Per Share (EPS)
-1.58
Revenue
127.56M
Net Profit
-58.63M

About Veritone Inc

Veritone Inc is a cloud-based cognitive software company. Its proprietary artificial intelligence platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable... Veritone Inc is a cloud-based cognitive software company. Its proprietary artificial intelligence platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence. The open platform integrates an ecosystem of a variety of cognitive engines. Its aiWARE platform offers capabilities that mimic human cognitive functions such as perception, prediction, and problem-solving, enabling users to quickly, efficiently, and cost-effectively transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. The company primarily generates revenue from the United States. Show more

Sector
Cmp Processing,data Prep Svc
Industry
Cmp Processing,data Prep Svc
Headquarters
Dover, Delaware, USA
Founded
1970
Veritone Inc is listed in the Cmp Processing,data Prep Svc sector of the NASDAQ with ticker VERI. The last closing price for Veritone was $4.57. Over the last year, Veritone shares have traded in a share price range of $ 1.48 to $ 7.76.

Veritone currently has 37,052,309 shares outstanding. The market capitalization of Veritone is $169.33 million. Veritone has a price to earnings ratio (PE ratio) of -2.89.

Veritone (VERI) Options Flow Summary

Overall Flow

Bearish

Net Premium

-168k

Calls / Puts

33.33%

Buys / Sells

300.00%

OTM / ITM

0.00%

Sweeps Ratio

0.00%

VERI Latest News

Veritone to Hold First Quarter 2024 Results Conference Call on May 7th

Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced the details of its first quarter 2024 financial results conference call. Veritone will hold a...

Veritone Enhances Advertising and Content Intelligence Suite to Support Future-Proofing of Client Broadcast Revenues

Technology enhancements provide data granularity and support safeguarding of ad revenues while prioritizing data privacy and security Veritone, Inc. (NASDAQ: VERI), a leader in designing...

Veritone and Grabyo Partner to Create AI-Powered Live Clipping, Asset Management and Monetization Solution

Capture, edit and share content in real-time through Grabyo and publish directly to Veritone’s AI-powered Digital Media Hub for onward management and monetization Veritone, Inc. (NASDAQ: VERI), a...

Veritone to Showcase Innovative AI Solutions, Including New Ask Veri Tool, at the 2024 NAB Show

AI leader to share demos and thought leadership on practical applications of AI for media and entertainment industries Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI...

MEDIA ADVISORY: Broadcast Media Has a Measurement Issue; Can AI Solve It?

Upcoming Veritone and The Center for Sales Strategy webinar to explore how AI is demonstrating campaign performance and creating meaningful revenue opportunities Veritone, Inc: WHAT: Veritone...

Veritone Launches Ask Veri to Empower Customers to Talk to Their Data for Actionable Insights and Workflow Activation

New Generative AI media intelligence and natural language tool enables democratization of data exploration and activation to provide value from content investments Veritone, Inc. (NASDAQ: VERI...

Veritone Partners with WSI Technologies to Automate Public Records Requests for Primary State-Wide Law Enforcement Agency

Veritone’s AI-powered redaction software enables a primary state law enforcement agency to streamline processes and address ever-increasing FOIA requests Veritone, Inc. (NASDAQ: VERI), a leader...

Veritone Reports Fourth Quarter and Fiscal Year 2023 Results

– Fiscal Year 2023 Revenue of $127.6 Million, in line with previously stated guidance – – Q4 Total Revenue and Software Revenue of $34.2 and $19.8 million – – ARR(1) of $82.1 million from 3,460...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-2.47-35.437589676.977.174.4523147575.1271067CS
41.3542.85714285713.157.763.1138319845.36468056CS
122.69148.618784531.817.761.6526805953.94776195CS
262.1389.87341772152.377.761.4814362173.69177548CS
52-0.96-17.58241758245.467.761.489848313.6882358CS
156-23-83.636363636427.537.141.486558638.97790284CS
260-1.77-28.22966507186.2750.33931.2269302211.89237836CS

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VERI Discussion

View Posts
GBR GBR 13 hours ago
I see this headline, but cannot bring up the article.

GridBeyond announces €52m in growth financing
πŸ‘οΈ0
GBR GBR 15 hours ago
Today's reveal was all cosmetic. Nothing coming out of NAB. Next up, earnings call.
πŸ‘οΈ0
GBR GBR 19 hours ago
Thanks, also new Linkedin sites for Veritone Public Sector, and Veritone Media and Entertainment.
πŸ‘οΈ0
cpeter7 cpeter7 20 hours ago
new LinkedIn Page
https://www.linkedin.com/showcase/veritone-hire/
πŸ‘οΈ0
KVM KVM 23 hours ago
Hopefully PR change and enlighten us on the new capabilities from the combo and any new tech and GTM strategy for combined cos.
πŸ‘οΈ0
GBR GBR 23 hours ago
If you go to either Pandologic or Broadbean website, as of today you see a pop-up message that says "We’re pleased to announce that Broadbean is now Veritone Hire!" Have not found anything more though.
πŸ‘οΈ0
KVM KVM 23 hours ago
They said this week. Could mean any day this week
πŸ‘οΈ0
cpeter7 cpeter7 24 hours ago
Is today the day we see something on Veritone Hire?
πŸ‘οΈ0
KVM KVM 24 hours ago
I guess time will tell if Ask Veri better than Alexa Siri etc. Somehow don't think so but u never know
πŸ‘οΈ0
GBR GBR 24 hours ago
Amazon has had major problems with Alexa.

https://arstechnica.com/gadgets/2024/04/amazon-virtually-kills-efforts-to-develop-alexa-skills-disappointing-dozens/




cut several hundred Alexa jobs back in November
πŸ‘οΈ0
KVM KVM 1 day ago
Don't think so. Doesn't AWS already have Alexa?
πŸ‘οΈ0
GBR GBR 1 day ago
also since DMH runs on aiWARE, would be interested to know to what extent if any aiWare being used for other AWS offerings.
πŸ‘οΈ0
GBR GBR 1 day ago
agree, maybe AWS testing the waters at NAB. Would like to see a branded version of Ask Veri on display at NAB
πŸ‘οΈ0
KVM KVM 1 day ago
Would be great if AWS had branded version of DMH for other than M & E
πŸ‘οΈ0
GBR GBR 1 day ago
AWS video

at the 7:43 mark, they start talking about Digital Media Hub, and they have an AWS branded version of Digital Media Hub. Could explain why Digital Media Hub is not on the AWS Marketplace. https://aws.amazon.com/media/nab24-demos/nab24-demos-media-supply-chain-from-live-ingest-to-revenue-generating-highlights-nab-live-workflows-powered-by-aws/
πŸ‘οΈ0
GBR GBR 2 days ago
Looks like Veritone has the biggest spot within AWS partner village.

https://nab24.mapyourshow.com/8_0/floorplan/?st=keyword&sv=veritone&hallID=W&selectedBooth=AWS%20Learning%20Lounge%20%2B%20Partner%20Village



Veritone just posted photos of their location.

https://www.linkedin.com/feed/update/urn:li:activity:7185282207756791808/
πŸ‘οΈ0
GBR GBR 4 days ago
Been looking for Ask Veri on website. Don't see it.
πŸ‘οΈ0
KVM KVM 4 days ago
See RS just conviently gave himself 300,000 shares. What BS
πŸ‘οΈ0
cpeter7 cpeter7 4 days ago
I'll I could find in terms of how their buisness is doing. Wonder how 2024 is looking.

"Increasing by an average of 20% each year, Hansei’s revenue cycle management services is on pace to help 24,582 patients receive access to treatment in 2023, servicing clients in 18 states throughout the US."
πŸ‘οΈ0
cpeter7 cpeter7 4 days ago
Never mind I found it

https://unlock.veritone.com/ai-solutions-healthcare?_gl=1*ujbvfa*_gcl_au*MTQxODA3MjY3NC4xNzA5MjM2OTg2
πŸ‘οΈ0
cpeter7 cpeter7 4 days ago
How do you know Benji Health runs on aiWARE?
πŸ‘οΈ0
KVM KVM 4 days ago
They also have a link for Aiware.com but site still not updated from 12/12/23.
πŸ‘οΈ0
KVM KVM 4 days ago
They changed their headquarters back to Irvine California
πŸ‘οΈ0
GBR GBR 4 days ago
Looks like this is running on aiWARE
https://benji.health/

Owned by Gulf Capital


Remember when CS was at that Gulf Capital meeting
https://www.linkedin.com/posts/gulf-capital_gulfcapital-privateequityagm-aiinprivateequity-activity-7077528861277569024-Llqy/



https://unlock.veritone.com/ai-solutions-healthcare?_gl=1*1roilhf*_gcl_aw*R0NMLjE3MTI4MzM4MTcuQ2owS0NRandsTjZ3QmhDY0FSSXNBS1p2RDVoWk8wWGxENHMyR2lURUZ6cU1IREx6TU96akZOUXNHRmVIU2VrNkk5QzRBWWtGNjRMMDVya2FBdTFVRUFMd193Y0I.*_gcl_au*MjExMDgyOTkzMi4xNzA5MzAxNzcw
πŸ‘οΈ0
GBR GBR 4 days ago
bring back the old one.
πŸ‘οΈ0
GBR GBR 4 days ago
new website up
πŸ‘οΈ0
GBR GBR 5 days ago
And I want to see a strategic partner or partners behind this.

That is some crazy shit if they dropped 52M on Broadbean, and are all alone in this venture.
πŸ‘οΈ0
KVM KVM 5 days ago
Oh yea sounds great. Let's see the proof.
πŸ‘οΈ0
GBR GBR 5 days ago
"Get ready to experience cutting-edge advancements in hiring technology as Broadbean and PandoLogic become one. Stay tuned for more exciting updates next week as our teams have been collaborating this past year on this exciting partnership! "
πŸ‘οΈ0
GBR GBR 5 days ago
Regarding todays PR, Veritone has been talking about this a year ago.

https://www.veritone.com/blog/google-analytics-4-ga-4-is-coming-why-broadcasters-should-move-now-and-how-to-prepare/
πŸ‘οΈ0
GBR GBR 5 days ago
Regarding the mentioning of Google.

I'm obviously no expert, but the issue is that Google is adding privacy enhancements, and getting rid of cookies.

Cookies help provide insights into customer online behavior. Google interested in privacy for web surfers instead of being tracked. Veritone is providing a way to still measure advertising attribution despite Google efforts to provide privacy enhancements.
πŸ‘οΈ0
KVM KVM 5 days ago
In the job post
πŸ‘οΈ0
GBR GBR 5 days ago
OK, from the job description.
πŸ‘οΈ0
GBR GBR 5 days ago
Where did you learn about Veritone Hire Technology?
πŸ‘οΈ0
KVM KVM 5 days ago
New PR mentions 2 Google enhancements. Hard for me to tell if competing with Google or have some connection to Google. Probably the former
πŸ‘οΈ0
KVM KVM 5 days ago
Guesss new recruitment division is going to be called Veritone Hire Technology. Guess rebranding is what is in job post. Hope they disclose some major partnerships and customers besides what we already know.
πŸ‘οΈ0
GBR GBR 5 days ago
Right, we will see what they have for us next week. There should be all kinds of new partners and integrations. And still need to do something about that balance sheet.
πŸ‘οΈ0
deet49 deet49 5 days ago
I dont think this was given enough recognition

https://www.linkedin.com/posts/hlworkplace_workplacepension-retirementplanning-pension-activity-7176608793097580544-4kRv

1.7 million clients
Today we are trusted with more than £120 billion by over 1.7 million clients. We are a secure, FTSE-listed company, headquartered in Bristol, and employing over 2,000 people.
https://www.hl.co.uk β€Ί about-us

By now, it should be common to see
third party applications running on aiWare,

All roads lead to Rome or I this case everything they do runs thru ....

You know why you follow this company
I know why i do

1 INTERGRATION and we go from a comapny with moderating expenses with growth and generic growth potential to exceed 20 and 50% not to mention juicy margins and the fact that it is veri mispriced and undervalued

to yes even maybe possibly

DISRUPTIVE
πŸ‘οΈ0
GBR GBR 5 days ago
By now, it should be common to see
third party applications running on aiWare, if there was any accuracy to CS tipping point statements.

Don't even announce the new version of aiWare.

Next week with the new website, the website should reveal a ton of stuff that we were not even aware of. I say "should".
πŸ‘οΈ0
KVM KVM 5 days ago
Yea they market ideas without the tech to back it up
πŸ‘οΈ0
GBR GBR 5 days ago
THE GLOBAL LEADER IN PROVIDING SOPHISTICATED, EASY-TO-USE CANDIDATE SOURCING TOOLS

Have to remember, Veritone called aiWare the leading enterprise AI platform.

But next week needs to be more than a new website, logo, and marketing message.


It has been 10 months since the Broadbean acquisition. Should have accomplished a lot more than just cosmetics.

But then again, in early 2023 they came out with Veritone Generative AI. Why did it take them a year for Ask Veri.

They used to say how easy it was to add applications onto the aiWare platform. Recall they said they put Illuminate together in 3 months or less, can't remember. Now days it takes them a year to come out with stuff.
πŸ‘οΈ0
KVM KVM 5 days ago
If you read new job posting for London product manager it says in BIG BOLD LETTERS that Veritone Hire Technology is the global leader in candidate sourcing tools.
πŸ‘οΈ0
GBR GBR 5 days ago
They either execute, or have market forces execute for them.

Getting down to do or die time. Guess we will see what they have next week.
πŸ‘οΈ0
KVM KVM 5 days ago
Guess they lied again. Doesn't look like getting anything this week. New boss same as the old boss.
πŸ‘οΈ0
GBR GBR 5 days ago
If targeting all industries, how are they prepared to have applications available for all industries? Unless something we don't know about.
πŸ‘οΈ0
GBR GBR 5 days ago
I agree that it looks like a commercial. And when I think about it as a commercial, and this video alludes to all ecosystem categories, DMH, also Veritone Hire, and Public sector (Idems) and also says they can help with whatever industry you are in.

Looks like targeting enterprise AI in general.
πŸ‘οΈ0
cpeter7 cpeter7 6 days ago
Actually the video looks really professional. I feel like it could be a commercial or something. Hopefully they do more with it then just leaving it on Vimeo. One thing though from the layoffs and everything seems like they've lost a lot of talent.
πŸ‘οΈ0
GBR GBR 6 days ago
Yeah, if AWS has any interest in helping their partner,
there should be an AWS NAB PR tomorrow.

I think next week's coming out party for Veritone Hire, and the new website will
reveal whether they have anything or not.
πŸ‘οΈ0
KVM KVM 6 days ago
Nothing really new. Maybe oh just maybe we get something tomorrow.
πŸ‘οΈ0
GBR GBR 6 days ago
new video


https://vimeo.com/930301608
πŸ‘οΈ0

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