🔴 Veritone is trading 5% down today after Q2 revenue miss and reduced 2026 guidance

Veritone is trading 5% down now at $1.09 after its August 13 earnings release exposed weaker near-term execution.

• Second-quarter revenue reached $24.3 million, below the approximately $28.3 million consensus estimate.
• Management lowered 2026 revenue guidance to $100 million–$115 million and cited delayed public-sector contributions.
• The decline extends the August 14 selloff, as investors remain concerned about AI monetization and the profitability transition.