secwatch.observer — SEC 8-K summary
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Issuer:     Veritone, Inc. (VERI)
CIK:        0001615165
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000950170-23-016678
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615165/000095017023016678/0000950170-23-016678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615165/000095017023016678/veri-20230502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-016678

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer