---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-016678"
form_type: "8-K"
ticker: "VERI"
cik: "0001615165"
company_name: "Veritone, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:34:22.301810+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Veritone Q1 revenue down 12% YoY to $30.3M, net loss widens to $22.8M

## Summary
- Revenue $30.3M, down 12% YoY; Software Products & Services revenue $14.1M, down 22%.
- GAAP net loss $22.8M vs $22.1M in Q1 2022; Non-GAAP net loss $9.6M vs $5.2M.
- Ending Software Customers 667, up 19% YoY; Total New Bookings $15.0M, up 57% YoY.
- Cash and equivalents $139.7M at quarter end, down from $184.4M at Dec 31, 2022.

## SEC filing metadata
- accession: 0000950170-23-016678
- form_type: 8-K
- ticker: VERI
- cik: 0001615165
- company_name: Veritone, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1615165/000095017023016678/0000950170-23-016678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1615165/000095017023016678/veri-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-016678
- JSON: https://secwatch.observer/filing/0000950170-23-016678.json
- Plain text: https://secwatch.observer/filing/0000950170-23-016678.txt

## Key facts
- Earnings Releases
  Veritone, Inc. reported the first quarter ended March 31, 2023 results: revenue $30.3 million, net income $22.8 million.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $30.3 million
  - Net income: $22.8 million
  - Result: reported results
  source text: on that demand and is on the right path to opportunistically scale operations while unlocking long-term shareholder value.” First Quarter 2023 Financial Highlights • Revenues of $30.3 million, a decrease of $4.1 million or 12% compared to Q1 2022 on a GAAP basis driven by a decline in hiring solutions Software Products & Services. • Managed Services revenue of $16.1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1615165/000095017023016678/0000950170-23-016678-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.