Veritone, Inc. (VERI) Q3 2024 Earnings Call Transcript Summary
Veritone, Inc. (VERI) Q3 2024 Earnings Call Transcript Summary
Reported a non-GAAP net loss improvement of 10.1% year-over-year, signifying tightening of operational expenditures.The following is a summary of the Veritone, Inc. (VERI) Q3 2024 Earnings Call Transcript:
以下是Veritone, Inc. (VERI) 2024年第三季度業績會議記錄摘要：
Financial Performance:
財務表現：
Veritone reported Q3 2024 revenue of $22 million, aligning with guidance but down from the previous year due to declines primarily in Software Products & Services.
Post-divestiture of Veritone One, the company revised its financial projections, expecting a shift towards cash flow profitability by fiscal 2026.
Reported a non-GAAP net loss improvement of 10.1% year-over-year, signifying tightening of operational expenditures.
Veritone報告2024年第三季度營業收入爲2200萬美元，與指引相符但由於軟件產品與服務主要下降，與前一年相比有所下降。
Veritone One出售後，該公司修訂了其財務預期，預計到2026財政年度將轉向現金流盈利能力。
年度非GAAP淨虧損改善了10.1%，表明運營支出趨緊。
Business Progress:
業務進展：
Veritone has recently divested its legacy Media Agency business, Veritone One, focusing now purely on AI enterprise software.
Announced significant customer deals and strategic partnerships, including a multiyear SaaS agreement with iHeartMedia and expanded deals with NCAA and ESPN.
Highlighted growth and future expectations particularly in public and commercial sectors, powered by its aiWARE platform.
Veritone最近出售其傳統媒體代理業務Veritone One，現在專注於人工智能企業軟件。
宣佈了與iheartmedia簽訂的多年saas-雲計算協議以及與NCAA和ESPN展開的重要客戶交易和戰略合作。
重點關注公共和商業部門的增長和未來預期，其aiWARE平台賦能。
Opportunities:
機會：
Veritone's focus post-divestiture on AI and SaaS products in higher-growth, high-margin verticals.
Expanded market reach with new partnerships and a strong pipeline in the Public Sector expected to drive substantial revenue growth.
veritone在分拆後專注於人工智能和saas-雲計算產品，重點放在高增長、高利潤的垂直領域。
與新合作伙伴關係和公共部門的強勁訂單預期擴展市場影響力，預計將推動大幅營業收入增長。
Risks:
風險：
Acknowledged challenges and pressures in global labor markets impacting its Hiring Solutions, although stabilizing towards late fiscal 2025.
Notable is the dependency on public sector contracts, which could affect financial stability if delayed or not realized.
承認對其人才招聘解決方案構成挑戰和來自全球勞動市場的壓力，儘管朝着2025年財年後期穩定發展。
值得注意的是對公共部門合同的依賴，如果延期或未實現，可能會影響財務穩定性。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。內容準確性無法完全保證。如需更全面詳情，請參閱IR網站。本文僅供投資者參考，不具有任何指導或推薦建議。
