Veritone Reports Fourth Quarter and Fiscal Year 2023 Results
Financial Results for Three Months Ended December 31, 2023
- Financial Results for Three Months Ended December 31, 2023
Delivered fourth quarter revenue of $34.2 million, a decrease of $9.7 million or 22.1% from $43.9 million in the fourth quarter of 2022. - Financial Results Full Year Ended December 31, 2023
Delivered fiscal year 2023 revenue of $127.6 million, a decrease of $22.2 million or 14.8% year over year. - Revenue is expected to be in the range of $134.0 million to $142.0 million, as compared to $127.6 million for fiscal 2023.
- Non-GAAP net loss is expected to be in the range of $11.0 million to $15.0 million, compared to non-GAAP net loss of $37.5 million for fiscal 2023.