{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-054647","form_type":"8-K","ticker":"VERI","cik":"0001615165","company_name":"Veritone, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.261664+00:00","generated_at":"2026-06-02T18:40:03.399611+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Veritone Q1 revenue $31.6M beats guidance; ARR drops 36% YoY to $72.1M","bullets":["Q1 total revenue $31.6M (+4.5% YoY), above high end of guidance; net loss $25.2M vs $23.0M YoY.","Software Products & Services ARR $72.1M, down 36% YoY driven by consumption revenue decline from largest customer.","Subscription-based ARR up 7% YoY; total customers 3,384 (-10% YoY); new bookings $13.0M (-43% YoY).","Q1 restructuring delivers $13M+ annualized savings; targeting non-GAAP net income as early as Q4 2024.","Non-GAAP net loss $7.6M, improving 20.3% YoY; non-GAAP gross profit $24.6M up $1.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-054647","json":"https://secwatch.observer/filing/0000950170-24-054647.json","markdown":"https://secwatch.observer/filing/0000950170-24-054647.md","text":"https://secwatch.observer/filing/0000950170-24-054647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1615165/000095017024054647/0000950170-24-054647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1615165/000095017024054647/veri-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T18:40:03.399611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1329292a606e2f0c34702d1d0eed2c33028c36cf","claim":"Veritone, Inc. reported the first quarter ended March 31, 2024 results: revenue $31.6 million, net income $25.2 million.","evidence_excerpt":"events for any reason, except as required by law. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Veritone Reports First Quarter 2024 Results - Q1 Total Revenue of $31.6 Million, Outperforming the High End of Guidance - - Total ARR (SaaS and Consumption) of $72.1 Million from 3,384 Total Software Products & Services Customers, Including ARR (SaaS) of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1615165/000095017024054647/0000950170-24-054647-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$31.6 million"},{"label":"Net income","value":"$25.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}