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Veritone Q2 Adj. EPS $(0.11) Beats $(0.12) Estimate, Sales $24.263M Miss $28.287M Estimate
Veritone (NASDAQ:VERI) reported quarterly losses of $(0.11) per share which beat the analyst consensus estimate of $(0.12) by 0 percent. This is a 38.89 percent increase over losses of $(0.18) per share from the same
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Veritone shares are trading lower after the company reported mixed Q2 financial results and cut its FY26 sales guidance below estimates. Also, Needham lowered its price target on the stock from $10 to $5.
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Needham Maintains Buy on Veritone, Lowers Price Target to $5
Needham analyst Joshua Reilly maintains Veritone (NASDAQ:VERI) with a Buy and lowers the price target from $10 to $5.