Veritone Reports First Quarter 2023 Results
Executed on $10.8 million or close to 80% of the $12 to $15 million in annualized strategic cost reduction initiatives announced in Q1 2023.
- Executed on $10.8 million or close to 80% of the $12 to $15 million in annualized strategic cost reduction initiatives announced in Q1 2023.
- Financial Results for Three Months Ended March 31, 2023
Delivered first quarter revenue of $30.3 million, a decrease of $4.1 million or 12% from $34.4 million in the first quarter of 2022. - Veritone will hold a conference call using its synthetic voice technology, Veritone Voice, to deliver management’s prepared remarks on Tuesday, May 2, 2023, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its first quarter 2023 results, 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.