earnings
confidence high
sentiment positive
materiality 0.60
Veritone clarifies Q3 $8M non-cash earnout; adjusted EPS loss improves to $(0.09) from $(0.29)
Veritone, Inc.
- The $8.0M Q3 expense was non-cash and non-operational, reflecting estimated change in earnout from Oct 2024 Veritone One divestiture.
- GAAP net loss from continuing ops was $26.9M, up $4.4M YoY, driven by the earnout adjustment and a $2.2M tax provision change.
- Non-GAAP net loss from continuing ops improved to $5.8M from $11.1M YoY, an improvement of 47.8%.
- Adjusted EPS loss from continuing ops improved to $(0.09) from $(0.29) YoY, a 69% improvement.
- Q4 2025 non-GAAP net loss guided to $1.5-5.0M vs $9.7M in Q4 2024; full-year loss $31.6-26.0M.