Veritone Inc (VERI) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 12, 2020
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Veritone Inc (VERI, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Veritone Inc is a provider of artificial intelligence. Its platform stores cognitive engine results in a searchable, time-correlated index, creating an online, searchable library of audio & video data enabling analysis & automated business solutions. Veritone Inc has a market cap of $51.150 million; its shares were traded at around $2.08 with and P/S ratio of 0.91. GuruFocus has detected 1 severe warning sign with Veritone Inc. .

For the last quarter Veritone Inc reported a revenue of $12.4 million, compared with the revenue of $10.95 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $49.6 million, an increase of 83.6% from last year. For the complete 30-year financial data, please go here..

The reported loss per diluted share was $2.85 for the year, compared with the loss per share of $0.915334 in the previous year. The Veritone Inc had an operating margin of -129.05%, compared with the operating margin of -229.19% a year before. The 10-year historical median operating margin of Veritone Inc is -229.19%. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, Veritone Inc has the cash and cash equivalents of $44.1 million, compared with $37.5 million in the previous year. The company had no long term debt. Veritone Inc has a financial strength rank of 6 (out of 10).

For the complete 20-year historical financial data of VERI, click here.