---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-094112"
form_type: "8-K"
ticker: "VERI"
cik: "0001615165"
company_name: "Veritone, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:57:13.335181+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Veritone Q2 revenue $31M (+11% YoY); announces formal divestiture process for non-software asset

## Summary
- Total revenue $31.0M, up 11% YoY; Software Products & Services revenue $15.6M, Managed Services $15.4M.
- Total ARR $67.9M (SaaS ARR $49.2M, 72% of total) from 3,437 customers; new bookings $14.0M (+67% YoY).
- Operating loss improved to $17.7M from $28.2M in Q2 2023; non-GAAP net loss $6.9M (47% improvement).
- Public sector sales pipeline exceeds $100M; signed landmark NCAA contract, largest by run rate.
- Formal process to divest non-software asset in 2024; proceeds to repay term debt and fund operations.

## SEC filing metadata
- accession: 0000950170-24-094112
- form_type: 8-K
- ticker: VERI
- cik: 0001615165
- company_name: Veritone, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1615165/000095017024094112/0000950170-24-094112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1615165/000095017024094112/veri-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-094112
- JSON: https://secwatch.observer/filing/0000950170-24-094112.json
- Plain text: https://secwatch.observer/filing/0000950170-24-094112.txt

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