Veritone® Reports Financial Results for the Third Quarter of 2019
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Veritone One (VERI) Reports In-Line Q3 EPS
November 6, 2019 4:41 PM ESTVeritone One (NASDAQ: VERI) reported Q3 EPS of ($0.43), in-line with the analyst estimate of ($0.43). Revenue for the quarter came in at $12.8 million versus the consensus estimate of $12.75 million.
Chad Steelberg, CEO and Chairman of Veritone, said, Our third quarter results were in line with our expectations, driven by strength in our Advertising and Content Licensing and Media Services businesses that offset the impact of longer-than-expected sales cycles with government customers, which delayed some expected revenues from that market. Based on our all-time record pipeline... More
