---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-124620"
form_type: "8-K"
ticker: "VERI"
cik: "0001615165"
company_name: "Veritone, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:57:19.432193+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Veritone Q3 revenue down 21% to $22M; divests media agency for up to $104M; guides FY2025 growth up to 30%

## Summary
- Q3 total revenue $22.0M (-21% YoY); Software & Services $14.7M (-28%), Managed Services $7.3M.
- Net loss from continuing ops $22.5M vs $26.7M YoY; Non-GAAP net loss $7.1M flat.
- Divested Veritone One on Oct 17 for up to $104M ($59.1M cash at close); proceeds paid down $30.5M term debt.
- ARR $63.3M down 29% YoY due to Amazon consumption decline; new bookings $16.5M up 17% sequentially.
- FY2025 outlook: up to 30% revenue growth, >45% improvement in Non-GAAP Net Loss vs FY2024 guidance.

## SEC filing metadata
- accession: 0000950170-24-124620
- form_type: 8-K
- ticker: VERI
- cik: 0001615165
- company_name: Veritone, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1615165/000095017024124620/0000950170-24-124620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1615165/000095017024124620/veri-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-124620
- JSON: https://secwatch.observer/filing/0000950170-24-124620.json
- Plain text: https://secwatch.observer/filing/0000950170-24-124620.txt

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