Veritone reports Q4 EPS 5c, consensus 7c

Reports Q4 revenue $43.9M, consensus $44.76M. Ryan Steelberg, CEO & President of Veritone commented, "Veritone made significant strategic progress in 2022 and positioned the company for disciplined growth. Q4 new bookings reached another record of $20 million, up 141% year over year. Our year over year customer count grew 21% to 642 and our Gross Revenue Retention continued to be strong in the high 90th percentiles, providing a resilient foundation. As new management, we plan to capitalize on this customer-based momentum in 2023. We will continue to responsibly invest in growing the business while also leveraging our partners to expand market opportunities."