---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039846"
form_type: "8-K"
ticker: "VERI"
cik: "0001615165"
company_name: "Veritone, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:04:48.161275+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Veritone Q2 revenue down 18% to $28M, net loss widens to $23.3M

## Summary
- Revenue $28.0M (-18% YoY); Software rev $14.1M (-23%); Managed Services $13.9M (-13%).
- ARR $107.9M (-17% YoY) with subscription rev up 7% to $47.7M; New Bookings $8.4M (-62%) from Amazon pullback.
- Non-GAAP net loss $13.0M vs $7.2M loss in Q2 2022.
- Acquired Broadbean for $53M cash in June 2023; divested Energy Group; achieved $17M annualized savings.
- Guidance: Q3 rev $35.5-$37.5M, FY rev $128-$135M; Non-GAAP net loss $28-$33M for FY 2023.

## SEC filing metadata
- accession: 0000950170-23-039846
- form_type: 8-K
- ticker: VERI
- cik: 0001615165
- company_name: Veritone, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1615165/000095017023039846/0000950170-23-039846-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1615165/000095017023039846/veri-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039846
- JSON: https://secwatch.observer/filing/0000950170-23-039846.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039846.txt

## Key facts
- Earnings Releases
  Veritone, Inc. reported financial results for second quarter ended June 30, 2023.
  - Period: second quarter ended June 30, 2023
  - Result: reported results
  source text: On August 8, 2023, Veritone, Inc. (the “Company”) announced its financial results for the second quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1615165/000095017023039846/0000950170-23-039846-index.htm

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