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Recap: Veritone Q1 Earnings

Veritone (NASDAQ:VERI) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Veritone missed estimated earnings by 50.0%, reporting an EPS of $-0.15 versus an estimate of $-0.1.

Revenue was up $16.11 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 0.37% increase in the share price the next day.

Here's a look at Veritone's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.20 -0.11 -0.14 -0.14
EPS Actual 0.37 -0.07 -0.12 -0.12
Revenue Estimate 44.80M 22.03M 19.05M 17.37M
Revenue Actual 55.15M 22.66M 19.21M 18.30M

To track all earnings releases for Veritone visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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