Veritone, Inc.VERI

$1.43-0.02 (-1.38%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$133M
Micro-cap
+17%
2017 — today
10-Year Price
-84%
2017 — today
52-Week Range
$1.22$8.39
Current $1.43· 3%

Veritone, Inc., together with its affiliates, specializes in providing artificial intelligence (AI) computing solutions to clients in both the United States and the United Kingdom. A core offering is its aiWARE platform, an advanced AI operating system designed to extract valuable insights from vast quantities of structured and unstructured data. This platform employs a variety of machine learning algorithms and AI models focused on areas like perception, prediction, and optimization for problem-solving. Furthermore, it integrates numerous cognitive processes such as transcription, language translation, detection and recognition of faces, objects, and logos, sentiment analysis, textual keyword/topic analysis, audio/video fingerprinting, geolocation, visual content moderation, and optical character recognition. In addition to its AI technology, the company also functions as a media advertising agency. Its services include comprehensive media planning and strategy, buying and placement of advertising, crafting campaign messages, verifying clearance, managing attribution, and providing custom analytics. These advertising services are delivered directly to advertisers through sales outreach, client and partner referrals, and indirectly via partnerships with advertising agencies or marketing consultants. Veritone serves a broad spectrum of industries, including media and entertainment, government, legal and compliance, energy, and other vertical markets. The company, originally incorporated in 2014 as Veritone Delaware, Inc., changed its name to Veritone, Inc. in July of the same year and is headquartered in Denver, Colorado.

Valuation in context

P/E ratio
-0.9
N/A
Not meaningful — company is unprofitable
P/B ratio
2.7
Below average
Below the 10-year average
FCF Yield
-39.0%
Historically low
Historically low relative to the last 10 years
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