Benzinga | May 4, 2021 04:44PM EDT

Veritone Q1 Adj. EPS $(0.12) Beats $(0.14) Estimate, Sales $18.30M Beat $17.37M Estimate; Raises Guidance

Veritone (NASDAQ:VERI) reported quarterly losses of $(0.12) per share which beat the analyst consensus estimate of $(0.14) by 14.29 percent. This is a 52 percent increase over losses of $(0.25) per share from the same period last year. The company reported quarterly sales of $18.30 million which beat the analyst consensus estimate of $17.37 million by 5.35 percent. This is a 53.73 percent increase over sales of $11.90 million the same period last year.