Why Are Veritone Shares Slumping Two Weeks After Q4 Report?


Its earnings per share increased 57.58% over the past year in Q4. And, it beat the Wall Street consensus estimate by a penny.

While that’s a positive feat in COVID-19 times, investors have soured of late on Veritone Inc., the technology company that has built a reputation on harnessing media sales growth opportunities through AI attribution in audio and video content — including advertising.

On Thursday, Veritone shares were down by nearly 11%. What’s upsetting shareholders?

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