Veritone

Veritone Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Tuesday, March 12, 2024
Mobile, Wireless, Technology, Apps, Applications, Artificial Intelligence, Software, Managed services, Pro forma, Partner, Prior, Amazon Web Services, Software as a service, Justice minister, Sport, Partnership, Investigation, Veritone, Revenue stream, CHP, Acquisition, AI, COE, APN, AWS, GRI, GAAP, Term loan, Good, Income tax, IHeartRadio, Generative, Video game

Financial Results for Three Months Ended December 31, 2023

Key Points: 
  • 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.

Jobiqo Relaunches TheJobNetwork™ Job Board Partnership Program to Boost Media Brands' Recruitment Advertising Revenue Leveraging Veritone's AI-enabled Technology

Retrieved on: 
Monday, March 11, 2024
Partnership, Veritone, Organization, Social media, Algorithm, Artificial intelligence, Tutoring

Effective April 1, 2024, TheJobNetwork job board, will be hosted by Jobiqo and supported by Veritone's AI-enabled programmatic technology, to help media brands connect their audience and tap into hidden advertising revenue potential.

Key Points: 
  • Effective April 1, 2024, TheJobNetwork job board, will be hosted by Jobiqo and supported by Veritone's AI-enabled programmatic technology, to help media brands connect their audience and tap into hidden advertising revenue potential.
  • The strategic partnership between Jobiqo and Veritone is aimed at helping media brands, publishers and newspapers grow recruitment ad revenue, increase their competitive advantage, and better engage employers and job seekers under their local brands.
  • Powered by Jobiqo's best-in-class job board platform and Veritone's AI-enabled programmatic ad distribution system, TheJobNetwork™ is engineered to produce superior job ad performance and deliver high quality candidates to employers and recruiters.
  • The combination of Jobiqo's job board platform with enhanced candidate experience and Veritone's AI-enabled technology ensures maximum job performance.

Airspeeder, Veritone and base Revolutionise eVTOL Racing Series With Digital Media Hub Partnership

Retrieved on: 
Thursday, December 14, 2023
Technology, Marketing, Mobile, Wireless, Other Sports, Communications, General Sports, Artificial Intelligence, Media, EV, Electric Vehicles, Automotive, Motor Sports, Social Media, Search Engine Optimization, Search Engine Marketing, Alternative Vehicles, Fuels, Digital Marketing, Content Marketing, Software, General Automotive, Networks, Internet, Sports, Data Management, DMH, NEP, RF, Fox Sports, Multimedia, Airspeeder (racing series), Aircraft, Windows Media Player, Extreme, Partnership, EMG, Aviation, Growth, AI, F1, Sport, Publication, DAZN, Video game, Veritone

Airspeeder, the world’s first racing series for crewed electric flying cars, has partnered with Veritone Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, to use its Digital Media Hub (“DMH”) as the foundation for current and future media platform activities.

Key Points: 
  • Airspeeder, the world’s first racing series for crewed electric flying cars, has partnered with Veritone Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, to use its Digital Media Hub (“DMH”) as the foundation for current and future media platform activities.
  • View the full release here: https://www.businesswire.com/news/home/20231214772097/en/
    Airspeeder, the world's first racing series for crewed electric flying cars, has partnered with AI industry leader Veritone, to use Veritone's Digital Media Hub as the foundation for current and future media platform activities.
  • DMH, partnered with accelerated file transfer and cloud storage solutions from base , an integrated cloud media solutions provider, enables smart global content distribution and accessibility across the globe for Airspeeder.
  • Airspeeder is eager to tap into this wealth of industry knowledge to elevate our sport into a global series.

Veritone Announces Licensing Deal with Orchard Clips to Increase Accessibility of International Content

Retrieved on: 
Thursday, November 30, 2023
Software, Online, Entertainment, Professional Services, Technology, Artificial Intelligence, Publishing, Data Analytics, Marketing, Advertising, Audio, Video, Communications, Licensing (Entertainment), Media Group, Politics, Collection, English, Multimedia, Windows Media Player, Partnership, Poverty, Content, AI, Orchard, Mobile phone, Veritone

(NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced a content licensing agreement with Orchard Clips, a division of UK-based OR Media Group and a preeminent source of Middle Eastern content.

Key Points: 
  • (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced a content licensing agreement with Orchard Clips, a division of UK-based OR Media Group and a preeminent source of Middle Eastern content.
  • Orchard Clips will leverage Veritone’s extensive network of buyers to enhance content licensing opportunities in the Americas and generate additional revenue.
  • View the full release here: https://www.businesswire.com/news/home/20231130428424/en/
    Veritone announces licensing deal with Orchard Clips to increase accessibility of international content.
  • “We are thrilled to expand our relationship with Orchard Clips, which further solidifies our commitment to delivering premium content to our customers,” said Jay Bailey, Vice President of Content Licensing and Operations at Veritone.

Veritone Joins the Generative AI Center of Excellence for AWS Partners

Retrieved on: 
Tuesday, November 28, 2023
Software, Technology, Artificial Intelligence, Apps, Applications, Generative, Safety, Organization, COE, Privacy, Multimedia, Public sector, APN, Partner, Human, Amazon Web Services, AI, Good, AWS, Education, Medical device, Customer service, Sales, Veritone

(NASDAQ: VERI), a leader in designing human-centered artificial intelligence (AI) solutions, today announced that it is a contributing company to the newly launched Generative AI Center of Excellence (CoE) for Amazon Web Services (AWS) Partners in the AWS Partner Network (APN).

Key Points: 
  • (NASDAQ: VERI), a leader in designing human-centered artificial intelligence (AI) solutions, today announced that it is a contributing company to the newly launched Generative AI Center of Excellence (CoE) for Amazon Web Services (AWS) Partners in the AWS Partner Network (APN).
  • The Generative AI CoE for AWS Partners will empower AWS Partners with resources and tools to encourage responsible generative AI development, including education and training resources that bridge the potential of AI and the growing landscape of generative AI tools, applications and use cases that are positioned to improve customer experiences.
  • As an AWS partner, Veritone contributes its generative AI expertise and AI for Good principles to the program’s mission.
  • “The Generative AI CoE for AWS Partners spotlights how Veritone leverages responsible AI design in every facet of our work, which we believe will benefit the organizations who will turn to the Generative AI CoE for AWS Partners for examples of how to apply AI for Good best practices as they embark on their own AI journeys.

Veritonic Extends Long-Form Content Analysis Solution to Video; Delivers Unprecedented Audience Insights to Creators

Retrieved on: 
Wednesday, November 15, 2023
Data Management, Podcast, Technology, Professional Services, Advertising, Entertainment, Communications, Digital Marketing, Data Analytics, Software, Audio, Video, Marketing, Content analysis, Research, News, Veritone

Veritonic , the industry’s comprehensive audio analytics and research platform, announced today an extension of its groundbreaking Long-Form Content Analysis solution to video.

Key Points: 
  • Veritonic , the industry’s comprehensive audio analytics and research platform, announced today an extension of its groundbreaking Long-Form Content Analysis solution to video.
  • Similar to publishers of long-form audio content including podcasts and audiobooks, this cutting-edge solution now empowers publishers of video content including news, live TV, video games, films, YouTube programming, and more to unlock the full potential of their content.
  • From identifying trending topics to recognizing standout talent and optimizing commercial blocks, Veritonic's long-form content analysis solution is revolutionizing the way that publishers understand and engage with their audiences through video.
  • This strategic advantage enables publishers to maintain their competitive edge and optimize their content offerings while enhancing audience engagement.

Veritone Achieves a Three-Peat in the Deloitte Technology Fast 500™ Awards

Retrieved on: 
Wednesday, November 8, 2023
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, Deloitte Technology Fast 500, ChatGPT, Organization, Acquisition, U.S. Department of Justice Office of Legislative Affairs, Growth, Platform as a service, U.S. Department of Defense Strategy for Operating in Cyberspace, AI, DOJ, Software as a service, Video game, Sales, Veritone, Vicia faba

(NASDAQ: VERI), a leader in designing human-centered AI solutions, is a 2023 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.

Key Points: 
  • (NASDAQ: VERI), a leader in designing human-centered AI solutions, is a 2023 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.
  • “Our recognition in the Deloitte Technology Fast 500 underscores Veritone’s commitment to innovation and sustained growth,” said Ryan Steelberg, President and CEO of Veritone.
  • Additionally, Veritone closed the acquisition of Broadbean , a global leader in software-as-a-service (SaaS) technology for talent acquisition and engagement.
  • Veritone remains dedicated to driving technological innovation, empowering organizations to unlock new possibilities and realize their full potential by leveraging the power of AI.

Veritonic's Unprecedented Flexibility & Granularity Enhancements Transform Audio Attribution

Retrieved on: 
Wednesday, November 8, 2023
Software, Digital Marketing, Audio, Video, Marketing, Advertising, Data Management, Communications, Technology, SLA, Gentlemen's agreement, Research, Veritone

Veritonic , the industry’s comprehensive audio analytics and research platform, has unveiled a series of groundbreaking innovations for their audio attribution solution, introducing unparalleled flexibility and granularity for advertisers and brands.

Key Points: 
  • Veritonic , the industry’s comprehensive audio analytics and research platform, has unveiled a series of groundbreaking innovations for their audio attribution solution, introducing unparalleled flexibility and granularity for advertisers and brands.
  • With an intensified focus on investing in cutting-edge big data technology, combined with its conversion event logs and intuitive, robust user interface, Veritonic is addressing the escalating demands of the industry and reshaping the audio attribution landscape.
  • Furthermore, Veritonic's premium conversion event logs provide clients with unparalleled flexibility and granularity, enabling them to comprehend conversion events and associated impressions throughout.
  • “We remain committed to innovating our audio-first solutions to make measuring and optimizing audio campaigns as streamlined, efficient, and flexible as possible.”
    For more information about Veritonic’s Audio Attribution capabilities or to get started, visit www.veritonic.com or contact [email protected] .

Veritone Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023
Software, Technology, Artificial Intelligence, U.S. Women's National Team Players Association, Government, Veritone, Unitary state, A&E Networks, Football, Prior, Branch, HBO, Pro forma, GAAP, Managed services, Senior, Common stock, U.S. Department of Justice Office of Legislative Affairs, NBCUniversal, NBC, Indian Revenue Service (Custom & Indirect Taxes), Revenue stream, Augusta National Golf Club, Legislative Branch Appropriations Act, 2015, Association football, Partnership, CareerBuilder, Term loan, Consumer surplus for software products, Human voice, Universal, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, CAA, United States Tennis Association, Highbridge Capital Management, Letter, DOJ, Software as a service, Sales, Video game, Renting, Security (finance), Music, United States Soccer Federation, Service, Vicia faba, Amazon

Veritone may, subject to certain conditions and limitations, elect to make any amortization payment in shares of its common stock.

Key Points: 
  • Veritone may, subject to certain conditions and limitations, elect to make any amortization payment in shares of its common stock.
  • Financial Results for Three Months Ended September 30, 2023
    Delivered third quarter revenue of $35.1 million, a decrease of $2.1 million or 6% from $37.2 million in the third quarter of 2022.
  • Veritone will hold a conference call using its synthetic voice technology, Veritone Voice, to deliver management’s prepared remarks on Wednesday, November 8, 2023, at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) to discuss its third 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.

Veritone Appoints Michael Zilis to its Board of Directors

Retrieved on: 
Tuesday, November 7, 2023
Software, Technology, Artificial Intelligence, EVP, Market for corporate control, Strategic planning, Avnet, Arthur Andersen, Ingram Micro, Senior, Audit, Management, Veritone, Boston College

(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.

Key Points: 
  • (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 targeted solutions to help companies unlock operational efficiencies and productivity gains.
  • Mr. Zilis holds a Bachelor of Science degree in finance and accounting from Boston College.