Veritone is trading 10.46% down at $0.86 after investors continued selling following its August 13 second-quarter report.
- Revenue: $24.3 million vs. $28.29 million expected; adjusted loss: $0.24 per share vs. $0.11 expected.
- Management lowered 2026 revenue guidance to $100 million-$115 million and delayed breakeven to fiscal 2027’s first half.
- Delayed public-sector contracts, including Department of Defense budget timing, and broader technology/index weakness likely added to decline; earnings and guidance remain primary catalysts.