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?