Veritone (NASDAQ:VERI - Get Free Report) will be releasing its earnings data before the market opens on Tuesday, November 12th. Persons interested in participating in the company's earnings conference call can do so using this link.
Veritone (NASDAQ:VERI - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.24) EPS for the quarter. Veritone had a negative net margin of 42.56% and a negative return on equity of 222.47%. The firm had revenue of $30.99 million during the quarter.
Veritone Stock Performance
Shares of NASDAQ:VERI traded up $0.18 on Tuesday, hitting $3.31. The company had a trading volume of 512,325 shares, compared to its average volume of 1,289,775. The stock has a market cap of $126.04 million, a price-to-earnings ratio of -1.48 and a beta of 3.33. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 9.02. Veritone has a 1-year low of $1.48 and a 1-year high of $7.76. The stock has a 50 day moving average price of $3.58 and a 200 day moving average price of $3.17.
Analyst Upgrades and Downgrades
Separately, UBS Group upgraded shares of Veritone from a "sell" rating to a "neutral" rating and set a $3.50 target price on the stock in a research report on Wednesday, October 30th.
View Our Latest Analysis on VERI
About Veritone
(
Get Free Report)
Veritone, Inc, together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. It develops and operates aiWARE platform, an AI operating system, that uses machine learning algorithms or AI models designed to mimic human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights.
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