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VERIVeritone, Inc. · NasdaqGM · Technology
$2.10+$0.08 · +3.97%
MKT 194.74M

Company Overview

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, analyze and optimize data to drive business processes and insights. The company also offers software products and services to commercial enterprise and public sector customers; and managed services, including cloud-native digital content management solutions; and content licensing and representation services. It serves media and entertainment, government, legal and compliance, energy, and other vertical markets. The company has a strategic partnership with LeoSight for the development of an AI-based public safety platform. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Irvine, California.

Sector
Technology
Industry
Software - Infrastructure
Phone
888 507 1737
Headquarters
5291 California Avenue
Irvine, CA, 92617
United States
Full-Time Employees
437

Key Metrics

Forward P/E
-7.48
Price to Book
9.27
Beta
2.27
Profit Margin
-121.20%
Gross Margin
67.88%
Return on Equity
-273.93%
Return on Assets
-26.70%
Earnings Growth
N/A
Revenue Growth
-26.00%

Financial Health

Total Cash
$27.43M
Total Debt
$47.22M
Debt to Equity
69.32
Current Ratio
0.71
Free Cash Flow
$-26950750.00
Operating Cash Flow
$-53205000.00

Analyst Recommendations

Target Price (Mean)
$9.00
Target High
$10.00
Target Low
$8.00
Recommendation
none
Analyst Coverage
3 Analysts

Trading Ideas

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