Veritone Inc.

10/16/2025 | Press release | Distributed by Public on 10/16/2025 04:05

Material Event (Form 8-K)

Item 8.01

Other Events.

On October 14, 2025, Veritone Inc. (the "Company") announced certain preliminary, unaudited financial results for the quarter ended September 30, 2025. In particular, the Company expects:

Revenue between $28.5 million to $28.7 million, representing an increase of 30.5% (measured at the midpoint) as compared to the quarter ended September 30, 2024;

Net loss between $29.3 million to $19.3 million, representing a 7.9% increase (measured at the midpoint) as compared to net loss from continuing operations in quarter ended September 30, 2024; and

Non-GAAPnet loss between $5.5 million to $6.0 million, representing a 48.2% increase (measured at the midpoint) as compared to Non-GAAPnet loss from continuing operations in quarter ended September 30, 2024.

The above financial results for the quarter ended September 30, 2025 are preliminary, unaudited estimates and are subject to change until the filing of the Company's Quarterly Report on Form 10-Qfor the quarter ended September 30, 2025. The Company is currently finalizing its results for the quarter ended September 30 2025 and, as a result, these preliminary estimates are based solely on information available to management as of the date of this Current Report on Form 8-K.The Company's actual results may differ from these estimates due to the completion of its quarter-endclosing procedures, final adjustments and developments that may arise or information that may become available between now and the time the Company's financial results are finalized and included in its Quarterly Report on Form 10-Qfor the quarter ended September 30, 2025. The preliminary, unaudited financial results do not present all necessary information for a complete understanding of the Company's financial condition as of September 30, 2025, or its results of operations for the three and nine months ended September 30, 2025, and should not be viewed as a substitute for full financial statements prepared in accordance with U.S. generally accepted accounting principles ("GAAP").

About the Presentation of Supplemental Non-GAAPFinancial Information

In this Current Report on Form 8-K,the Company has supplemented its financial measures prepared in accordance with GAAP with non-GAAPnet loss.

Non-GAAPnet loss is the Company's net loss, adjusted to exclude net loss from discontinued operations, net of income taxes, interest expense, net, income taxes, depreciation and amortization, stock-based compensation, change in fair value of earnout receivable, contingent purchase compensation expense, foreign currency impact and other, acquisition and due diligence costs, (gain) loss on asset disposition, severance and executive transition costs, other non-recurringitems, and non-GAAPnet loss from discontinued operations.

Reconciliations of non-GAAPnet loss to the most closely comparable GAAP financial measure, including a breakdown of the excluded items noted above, is included below. Non-GAAPnet loss is not calculated and presented in accordance with GAAP and should not be considered as an alternative to net income (loss) or any other financial measures so calculated and presented, nor as an alternative to cash flow from operating activities as a measure of liquidity.

The Company has provided this non-GAAPfinancial measure because management believes such information to be an important supplemental measure of performance that is commonly used by securities analysts, investors and other interested parties in the evaluation of companies in its industry. Management also uses this information internally for forecasting, budgeting and measuring annual bonus compensation targets for executive personnel, including the Company's named executive officers. Non-GAAPnet income (loss) provides management and investors consistency and comparability with the Company's past financial performance and facilitates period-to-periodcomparisons of operations, as it eliminates the effect of items that are often unrelated to overall operating performance. Other companies (including the Company's competitors) may define this non-GAAPfinancial measure differently. This non-GAAPfinancial measure may not be indicative of the historical operating results of Veritone or predictive of potential future results. Investors should not consider this non-GAAPfinancial measure in isolation or as a substitute for analysis of the Company's results as reported in accordance with GAAP.

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Veritone Inc. published this content on October 16, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on October 16, 2025 at 10:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]