Veritone (NASDAQ:VERI) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Veritone missed estimated earnings by 50.0%, reporting an EPS of $-0.15 versus an estimate of $-0.1.
Revenue was up $16.11 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 0.37% increase in the share price the next day.
Here's a look at Veritone's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.20 | -0.11 | -0.14 | -0.14 |
| EPS Actual | 0.37 | -0.07 | -0.12 | -0.12 |
| Revenue Estimate | 44.80M | 22.03M | 19.05M | 17.37M |
| Revenue Actual | 55.15M | 22.66M | 19.21M | 18.30M |
To track all earnings releases for Veritone visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
