About Veritone (NASDAQ:VERI)
Veritone, Inc. provides artificial intelligence (AI) and computing solutions in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that unlocks the power of cognitive computing to transform audio, video, and other unstructured data, as well as analyzes it in conjunction with structured data in an orchestrated and automated manner to generate actionable intelligence. The company also provides media advertising agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics directly to advertisers through outbound sales networking, and client and partner referrals, as well as indirectly through advertising agencies or marketing consultants. It serves media owners and broadcasters; legal and compliance markets, including consulting firms, managed services providers, large law firms and corporate legal departments, financial services, and healthcare and other companies; state, local, federal, and international law enforcement agencies, intelligence agencies, and other governmental agencies, as well as resellers and system integrators; and politics market, including political parties, elected officials and political campaigns, political action committees, and special interest groups. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was founded in 2014 and is headquartered in Costa Mesa, California.
Industry, Sector and Symbol
Industry Data processing & preparation
Trailing P/E Ratio-5.10
Forward P/E Ratio-7.45
Sales & Book Value
Annual Sales$14.41 million
Price / Sales26.44
Price / CashN/A
Book Value$3.85 per share
Price / Book6.08
EPS (Most Recent Fiscal Year)($4.59)
Return on Equity-98.44%
Return on Assets-63.37%
Veritone (NASDAQ:VERI) Frequently Asked Questions
What is Veritone's stock symbol?
Veritone trades on the NASDAQ under the ticker symbol "VERI."
How were Veritone's earnings last quarter?
Veritone Inc (NASDAQ:VERI) released its quarterly earnings results on Tuesday, May, 8th. The company reported ($0.81) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.73) by $0.08. The firm had revenue of $4.40 million for the quarter, compared to analysts' expectations of $3.97 million. Veritone had a negative net margin of 425.69% and a negative return on equity of 98.44%. Veritone's revenue for the quarter was up 41.9% compared to the same quarter last year. View Veritone's Earnings History.
When is Veritone's next earnings date?
What price target have analysts set for VERI?
7 brokerages have issued 12 month price targets for Veritone's shares. Their forecasts range from $10.00 to $32.00. On average, they anticipate Veritone's share price to reach $23.00 in the next year. View Analyst Ratings for Veritone.
Who are some of Veritone's key competitors?
Some companies that are related to Veritone include CSG International (CSGS), Liberty Tripadvisor Holdings Inc Series A (LTRPA), Carbonite (CARB), Tucows (TCX), Computer Services (CSVI), Renren (RENN), Castlight Health (CSLT), FRONTEO (FTEO), Brightcove (BCOV), NantHealth (NH), Longfin (LFIN), ZIX (ZIXI), Leaf Group (LFGR), Ooma (OOMA) and Park City Group (PCYG).
Who are Veritone's key executives?
Veritone's management team includes the folowing people:
- Mr. Chad Steelberg, Chairman & CEO (Age 46)
- Mr. Ryan Steelberg, Pres & Director (Age 44)
- Mr. Peter F. Collins, Exec. VP & CFO (Age 53)
- Mr. Jeffrey B. Coyne, Exec. VP, Gen. Counsel & Sec. (Age 51)
- Mr. John A. Ganley, Exec. VP of HR (Age 70)
When did Veritone IPO?
(VERI) raised $20 million in an initial public offering (IPO) on Friday, May 12th 2017. The company issued 1,300,000 shares at $14.00-$16.00 per share. Wunderlich and Craig-Hallum Capital Group served as the underwriters for the IPO and Northland Capital Markets was co-manager.
Has Veritone been receiving favorable news coverage?
News stories about VERI stock have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Veritone earned a media sentiment score of 0.18 on Accern's scale. They also gave press coverage about the company an impact score of 45.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Veritone's major shareholders?
Veritone's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Uniplan Investment Counsel Inc. (1.38%), Allianz Asset Management GmbH (0.65%), Allianz Asset Management GmbH (0.65%) and UBS Group AG (0.12%). Company insiders that own Veritone stock include Chad Steelberg, G Louis Graziadio III and Peter F Collins. View Institutional Ownership Trends for Veritone.
Which major investors are buying Veritone stock?
VERI stock was acquired by a variety of institutional investors in the last quarter, including UBS Group AG, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Uniplan Investment Counsel Inc.. Company insiders that have bought Veritone stock in the last two years include Chad Steelberg, G Louis Graziadio III and Peter F Collins. View Insider Buying and Selling for Veritone.
How do I buy shares of Veritone?
Shares of VERI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Veritone's stock price today?
One share of VERI stock can currently be purchased for approximately $23.40.
How big of a company is Veritone?
Veritone has a market capitalization of $375.54 million and generates $14.41 million in revenue each year. The company earns $-59,600,000.00 in net income (profit) each year or ($4.59) on an earnings per share basis. Veritone employs 219 workers across the globe.
How can I contact Veritone?
Veritone's mailing address is 575 ANTON BLVD, COSTA MESA CA, 92626. The company can be reached via phone at 888-507-1737 or via email at [email protected]
MarketBeat Community Rating for Veritone (VERI)MarketBeat's community ratings are surveys of what our community members think about Veritone and other stocks. Vote "Outperform" if you believe VERI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VERI will underperform the S&P 500 over the long term. You may vote once every thirty days.