Veritone Past Earnings Performance
Past criteria checks 0/6
Veritone has been growing earnings at an average annual rate of 6.8%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 30.7% per year.
Key information
6.8%
Earnings growth rate
23.0%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 30.7% |
| Return on equity | -153.7% |
| Net Margin | -46.0% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Veritone: Don't Fall For This AI-Hyped Stock
Apr 05Veritone: Not An AI Stock To Bank On
Mar 25Veritone, Inc. (NASDAQ:VERI) Held Back By Insufficient Growth Even After Shares Climb 37%
Mar 19
Lacklustre Performance Is Driving Veritone, Inc.'s (NASDAQ:VERI) 33% Price Drop
Aug 11Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Jun 27Is Veritone (NASDAQ:VERI) A Risky Investment?
Mar 13Is There An Opportunity With Veritone, Inc.'s (NASDAQ:VERI) 43% Undervaluation?
Jan 12Veritone (NASDAQ:VERI) Has Debt But No Earnings; Should You Worry?
Oct 19Kyro Digital and Veritone join hands for new blockchain marketplaces
Oct 19Veritone: The Only Way It's Going Is Down
Sep 14Time To Worry? Analysts Just Downgraded Their Veritone, Inc. (NASDAQ:VERI) Outlook
Aug 11Veritone tumbles after BofA pulls bull rating
Jul 13Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Jul 08Veritone: A First Take
Jun 02Veritone: Well Positioned In Multi-Billion Artificial Intelligence Market
Mar 22Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Mar 18Revenue & Expenses BreakdownBeta
How Veritone makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 128 | -59 | 112 | 41 |
| 30 Sep 23 | 137 | -66 | 114 | 42 |
| 30 Jun 23 | 139 | -46 | 114 | 44 |
| 31 Mar 23 | 146 | -26 | 112 | 45 |
| 31 Dec 22 | 150 | -26 | 115 | 43 |
| 30 Sep 22 | 161 | -40 | 118 | 43 |
| 30 Jun 22 | 146 | -47 | 103 | 36 |
| 31 Mar 22 | 131 | -56 | 105 | 30 |
| 31 Dec 21 | 115 | -65 | 105 | 25 |
| 30 Sep 21 | 77 | -67 | 93 | 19 |
| 30 Jun 21 | 70 | -67 | 96 | 17 |
| 31 Mar 21 | 64 | -66 | 88 | 16 |
| 31 Dec 20 | 58 | -48 | 70 | 14 |
| 30 Sep 20 | 53 | -50 | 67 | 15 |
| 30 Jun 20 | 50 | -54 | 67 | 16 |
| 31 Mar 20 | 49 | -58 | 69 | 19 |
| 31 Dec 19 | 50 | -62 | 71 | 21 |
| 30 Sep 19 | 48 | -65 | 71 | 22 |
| 30 Jun 19 | 43 | -67 | 69 | 23 |
| 31 Mar 19 | 35 | -64 | 64 | 22 |
| 31 Dec 18 | 27 | -61 | 58 | 21 |
| 30 Sep 18 | 20 | -56 | 52 | 19 |
| 30 Jun 18 | 16 | -60 | 56 | 17 |
| 31 Mar 18 | 16 | -70 | 52 | 15 |
| 31 Dec 17 | 14 | -64 | 46 | 14 |
| 30 Sep 17 | 13 | -61 | 41 | 12 |
| 30 Jun 17 | 12 | -50 | 27 | 11 |
| 31 Mar 17 | 10 | -32 | 25 | 10 |
| 31 Dec 16 | 9 | -30 | 23 | 8 |
| 30 Sep 16 | 9 | -25 | 20 | 7 |
| 30 Jun 16 | 12 | -17 | 19 | 6 |
| 31 Mar 16 | 13 | -13 | 15 | 5 |
| 31 Dec 15 | 14 | -10 | 13 | 5 |
| 31 Dec 14 | 8 | -4 | 9 | 3 |
Quality Earnings: VERI is currently unprofitable.
Growing Profit Margin: VERI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VERI is unprofitable, but has reduced losses over the past 5 years at a rate of 6.8% per year.
Accelerating Growth: Unable to compare VERI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VERI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.5%).
Return on Equity
High ROE: VERI has a negative Return on Equity (-153.68%), as it is currently unprofitable.