Ladenburg Thalmann Starts Veritone (VERI) at Buy

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Go back to Ladenburg Thalmann Starts Veritone (VERI) at Buy

Veritone Announces Appointment of Francisco Morales to Board of Directors

March 13, 2025 4:39 PM EDT

Executive Chairman of 5.11 Tactical brings Public Sector and global business operations expertise to Veritone

DENVER--(BUSINESS WIRE)-- Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the appointment of Francisco J. Morales to its Board of Directors, to be effective March 20, 2025.

Francisco J. Morales is the Co-founder and Executive Chairman of 5.11 Tactical and its former CEO. Founded in 2003, 5.11 Tactical is widely recognized as a global market leader in tactical apparel, footwear, and gear for law enforcement, military, and first responders, serving... More

Veritone Reports Fourth Quarter and Fiscal Year 2024 Results

March 13, 2025 4:22 PM EDT

Fiscal Year 2024 Revenue of $92.6 million, in line with outlook

Q4 Software and Managed Services Revenue of $15.5 million and $6.9 million, respectively

ARR of $58.8 million from 3,237 Total Software Products & Services Customers, including $47.5 million or 81% from subscription-based customers

Completed divestiture of media agency in October 2024 for total consideration of up to $104 million, including $59.1 million of cash at closing and up to $18 million in earnout subject to the media agencys revenue performance in calendar year 2025

Completed a $20.3 million common stock registered direct offering in... More