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    VERI   US92347M1009

VERITONE, INC.

(VERI)
  Report
Delayed Nasdaq  -  04:00:01 2023-02-03 pm EST
9.030 USD   -5.84%
02/01UBS Adjusts Veritone's Price Target to $9 From $7, Maintains Neutral Rating
MT
01/31Veritone to Enact Cost-Cutting Measures Including Layoffs; Shares Rise
MT
01/31Veritone to Enact Cost-Cutting Measures Including Layoffs; Shares Gain
MT
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Veritone Named as a Winner in the Deloitte 2022 Technology Fast 500™ Awards

11/16/2022 | 07:01am EST

Recognized as one of the most innovative technology companies in North America

Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive Enterprise AI platform, is a 2022 winner in the Deloitte Technology Fast 500, which recognizes the most innovative, fastest-growing technology companies in North America for advancements in technology, media, life sciences, fintech and energy tech. The list ranks each company out of the 500 winners based on a company’s percentage of revenue growth from the 2018-2021 fiscal years.

Veritone has continued to grow year-over-year, delivering new award-winning solutions across its product portfolio to hundreds of clients and partners, including some of the most recognizable brands in commercial and regulated sectors. Winner of the NAB Show Product of the Year in 2021 and 2022 respectively, with Veritone Voice and Avatar, the company continued to build its synthetic voice and metaverse offerings and help brands take the next steps beyond digital transformation.

“We’re excited to be recognized in the Deloitte Fast 500 alongside fellow technology leaders,” Ryan Steelberg, president of Veritone. “This award is a testament to our work and continued growth in providing leading AI services and solutions.”

Veritone has also seen rapid growth in sport, bolstered by a new strategic partnership with Stats Perform, a sports tech leader in data and AI, designed to provide real-time play-by-play, pre-game, in-game and post-game updates. Additionally, Veritone launched SPORT X, a new intelligent marketplace for sports federations and content producers from around the globe to license short-form sports video directly to media buyers.

As the foundation of the Veritone application portfolio, Veritone aiWARE has the flexibility to function as the end-to-end AI platform or serve as a modular solution to fill gaps in current technology stacks and provides an ecosystem of hundreds of best-of-breed models without the need to build bespoke APIs to leverage them. aiWARE and the Veritone applications built on top of the platform change how organizations large and small deploy and use AI technology, enabling the democratization of AI.

To learn more, visit: https://www.veritone.com.

About Veritone

Veritone (NASDAQ: VERI) is a leader in enterprise artificial intelligence (AI) solutions. Serving organizations in both commercial and regulated sectors, Veritone’s software, services, and industry applications simplify data management, empowering the largest and most recognizable brands in the world to run more efficiently, accelerate decision making and increase profitability. Veritone’s hyper-expansive Enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence. Through its robust partner ecosystem and professional and managed services, Veritone develops and builds AI solutions that solve the problems of today and tomorrow.
To learn more, visit veritone.com.

Safe Harbor Statement

This news release contains forward-looking statements. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone’s SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


ę Business Wire 2022
All news about VERITONE, INC.
02/01UBS Adjusts Veritone's Price Target to $9 From $7, Maintains Neutral Rating
MT
01/31Veritone to Enact Cost-Cutting Measures Including Layoffs; Shares Rise
MT
01/31Veritone to Enact Cost-Cutting Measures Including Layoffs; Shares Gain
MT
01/31Veritone Advances Strategic Actions with Cost Reduction Initiatives
BU
01/24Law Enforcement, Government Agencies and Legal Firms Save Time and Costs Redacting Digi..
BU
01/24Veritone, Inc. Announces the Launch of Veritone Redaction Managed Service
CI
01/20Veritone, Inc. : Change in Directors or Principal Officers, Financial Statements and Exhib..
AQ
01/18Veritone Appoints Technology Marketing Expert Seth Greenberg as Chief Marketing & Strat..
BU
01/18Veritone, Inc. Announces Executive Appointments
CI
01/06Veritone, Inc. : Change in Directors or Principal Officers, Financial Statements and Exhib..
AQ
More news
Analyst Recommendations on VERITONE, INC.
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Financials (USD)
Sales 2022 151 M - -
Net income 2022 -40,8 M - -
Net cash 2022 10,1 M - -
P/E ratio 2022 -7,82x
Yield 2022 -
Capitalization 328 M 328 M -
EV / Sales 2022 2,11x
EV / Sales 2023 1,97x
Nbr of Employees 546
Free-Float 86,1%
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Technical analysis trends VERITONE, INC.
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Mean consensus HOLD
Number of Analysts 6
Last Close Price 9,03 $
Average target price 8,00 $
Spread / Average Target -11,4%
EPS Revisions
Managers and Directors
Ryan S. Steelberg President, Chief Executive Officer & Director
Michael L. Zemetra Chief Financial Officer, Treasurer & Executive VP
Chad Edward Steelberg Chairman
Fleming Meng Chief Information Officer
G. Louis Graziadio Independent Director
Sector and Competitors