MARKET COMPOSITE
VERI - Veritone Inc4:20:07 PM 4/25/2024
Price
$3.38
-0.19 (-5.20%)
Veritone Inc. is an artificial intelligence tech company based in Costa Mesa, California, founded in 2014. Veritone's aiWARE technology and solutions are licensed and utilized by a broad and diverse customer base including global media conglomerates, professional sports teams, federal government agencies, energy utilities, and state & local police departments. Veritone services over 1,500 customers around the world. It is traded on NASDAQ Global Market as VERI. In addition to the company's Costa Mesa office, they have offices in Newport Beach, California, San Diego, California, Denver, Colorado, Binghamton, New York, New York City, Seattle, Washington, and London, England.
Financials
Quarterly financials
(USD)Jun 2023Q/Q
Revenue28MM-8%
Gross Profit20.2MM-
Cost Of Revenue7.8MM+14%
Operating Income-28.2MM+19%
Operating Expenses48.4MM-
Net Income-23.3MM+1%
R&D10.5MM-9%
G&A19MM+9%
Marketing13.1MM+3%
Amortization5.7MM+5%
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