Veritone Inc expected to post a loss of 22 cents a share - Earnings Preview

Reuters03-11

Veritone Inc VERI.OQ VERI.O is expected to show a fall in quarterly revenue when it reports results on March 13 for the period ending December 31 2024
The Denver Colorado-based company is expected to report a 33.0% decrease in revenue to $22.907 million from $34.2 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Veritone Inc is for a loss of 22 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the it services & consulting peer group is also "Buy".
Wall Street's median 12-month price target for Veritone Inc is $4.50, above its last closing price of $2.34.

This summary was machine generated March 11 at 20:43 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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