- Veritone press release ( NASDAQ: VERI ): Q4 Non-GAAP EPS of $0.05 misses by $0.02 .
- Revenue of $43.89M (-20.4% Y/Y) misses by $0.87M .
- Grew Ending Software Customers to 642, Up 21% Year over Year.
- Record New Bookings in Q4 2022 of $20.0 Million, Up 141% Year over Year.
- Retired $60 Million of Debt in Q4 2022 in exchange for $39 Million of Cash.
- Ended 2022 with $184 Million in Cash and Cash Equivalents.
- Q1 Outlook: Revenue is expected to be in the range of $29.5 million to $30.5 million, as compared to $34.4 million in the first quarter of 2022.
- Non-GAAP net loss is expected to be in the range of $8.5 million to $9.5 million, compared to $5.2 million in the first quarter of 2022.
- 2023 Outlook: Revenue is expected to be in the range of $158 million to $168 million, as compared to $149.7 million in 2022.
- Non-GAAP net loss is expected to be in the range of $7.0 million to $1.0 million, as compared to non-GAAP net loss of $15.9 million in 2022.
- Shares -1.57% .
For further details see:
Veritone Non-GAAP EPS of $0.05 misses by $0.02, revenue of $43.89M misses by $0.87M