earnings
confidence high
sentiment neutral
materiality 0.70
Veritone Q1 revenue $20.3M (-9.8% YoY); VDR pipeline >$68M, signs Google, NVIDIA
Veritone, Inc.
- Revenue $20.3M (-9.8% YoY); GAAP net loss $19.5M; non-GAAP net loss $11.9M.
- ARR $64.2M (+9.4% YoY); consumption-based ARR up 50%.
- VDR qualified bookings & pipeline >$68M (+500% YoY); signed Google and NVIDIA.
- Multi-year strategic agreement with Oracle; targeting 30% OpEx reduction, profitability by Q4 2026.
- Reaffirms FY2026 revenue guidance $130-$145M.