SEC Form 10-Q filed by Veritone Inc.

Former Central Intelligence Agency Chief Technology Officer assumes key role to advance Veritone's public sector initiatives Veritone, Inc. (NASDAQ:VERI), a leader in building human-centered enterprise AI solutions, today announced the appointment of Gus Hunt as an advisor for its public sector division. Hunt, a renowned technology and intelligence expert and former Chief Technology Officer for the U.S. Central Intelligence Agency (CIA), will provide strategic guidance to help Veritone enhance and expand its AI offerings for government and public sector clients. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801233487/en/Ve

Entertainment executive brings technology and global business strategy expertise to Veritone Veritone, Inc. (NASDAQ:VERI), a leader in building human-centered enterprise AI solutions, today announced that entertainment technology executive Michael Keithley, the former CIO of United Talent Agency and CIO/CTO of CAA, has been elected to its Board of Directors ("Board"). Mr. Keithley brings to the board a wealth of experience and expertise in emerging technologies, entertainment, cybersecurity, customer experience and corporate strategy. Mr. Keithley's appointment further solidifies Veritone's commitment to leveraging AI-powered solutions to empower leaders and talent in the media, entertain

Global technology executive brings global business operations and financial expertise to Veritone Veritone, Inc. (NASDAQ:VERI) ("Veritone"), a leader in designing human-centered AI solutions, today announced the appointment of Michael Zilis to its Board of Directors ("Board"), effective November 8, 2023. "As Veritone executes its long-term strategy and embarks on its next phase of disruptive growth, I am thrilled to announce the addition of Michael Zilis as an independent director to our Board," said Ryan Steelberg, Chief Executive Officer and President of Veritone. "Michael is an accomplished public company executive and dynamic leader who shares Veritone's mission of delivering highly

– Q3 Revenue of $22.0 million, in line with our previous preliminary estimates – – Q3 Software and Managed Services Revenue of $14.7 and $7.3 million – – ARR of $63.3 million from 3,291 Total Software Products & Services Customers, including $48.3 million or 76% from subscription-based customers demonstrating diversified & stable revenue streams – – Completed restructuring through Q3 resulting in forecasted annualized savings of over 15% in operating expense from FY 2023 accelerating expected profitability into fiscal 2025 – – Completed divestiture of media agency in October 2024 for total consideration of up to $104 million, including $59.1 million of cash at closing and up to $18

Veritone, Inc. (NASDAQ:VERI), a leader in building human-centered AI solutions, today announced the details of its third quarter 2024 financial results conference call. Veritone will hold a conference call on November 12th at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) to discuss its results for the third quarter 2024, provide an update on the business and conduct a question-and-answer session. To participate, please join the audio webcast or dial in and ask to be connected to the Veritone earnings conference call. To avoid a delay in dialing in, please pre-register or join the live audio webcast. Pre-Registration* Live Audio Webcast Domestic Call Number: (844) 750-4897 Interna

- Q2 Total Revenue of $31.0 Million, In Line with Guidance - - Public Sector Record Sales Pipeline Exceeds $100 Million, Highlighted by iDEMs Solutions across the US Federal Government - - Total ARR (SaaS and Consumption) of $67.9 Million from 3,437 Total Software Products & Services Customers, Including ARR (SaaS) of $49.2 Million, Representing 72% of Total ARR from Subscription-Based Customers - - Q2 Total New Bookings of $14.0 Million, up 67% Year over Year - - Continued Organizational and Cost Restructuring Actions Driving Year over Year Improvements of 37% and 47% in Q2 Operating Loss and Non-GAAP Net Loss, respectively, compared to Q2 2023 - - Announced Formal Process to Div

Enhancements to Veritone Contact enable law enforcement agencies to access stop data analytics in near real-time, swiftly identify trends, implement agency improvements and support its efforts to comply with California's Racial and Identity Profiling Act (RIPA) Veritone, Inc. (NASDAQ:VERI), a leader in building human-centered enterprise AI solutions, today announced a significant enhancement to its Veritone Contact solution with Contact Analytics, an advanced tool that transforms how law enforcement agencies access and analyze stop data. Built on Veritone's aiWARETM enterprise AI platform, this solution empowers agencies with swift, comprehensive analytics and reporting capabilities. Ve

Veritone, Inc. (NASDAQ:VERI) ("Veritone" or the "Company"), a leader in building human-centered enterprise AI solutions, today announced that it has entered into a definitive agreement providing for the purchase and sale of an aggregate of 8,023,716 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.53 per share (or $2.52 for each pre-funded warrant) in a registered direct offering to Esousa Group Holdings, LLC, a New York based family office. The pre-funded warrants have an exercise price of $0.01, are immediately exercisable, subject to certain limitations, and will have a term of five years from the original issue date. The closing of the offering i

Veritone and CBS News strengthen longstanding partnership, expanding AI-driven content licensing and distribution across national and local platforms Veritone, Inc. (NASDAQ:VERI), a leader in building human-centered enterprise AI solutions, today announced the renewal of its longstanding exclusive global licensing agreement with CBS News. The multi-year contract renewal solidifies Veritone's position as a premier provider of content licensing solutions for broadcast networks and expands the partnership to include exclusive local news content from CBS Owned Stations. For over a decade, CBS News and Veritone's licensing agreement has paved the way for television producers, filmmakers, pod

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