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Veritone Reports Fourth Quarter and Fiscal Year 2024 Results

1. Veritone shows strong growth entering 2025, focusing on Public Sector opportunities. 2. The Veritone Data Refinery is a key component of their growth strategy.

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FAQ

Why Bullish?

The strong performance and focus on AI solutions suggest positive growth, reminiscent of previous tech booms.

How important is it?

Solid performance and strategic focus on public sector align well with investor interests, suggesting potential for price improvement.

Why Short Term?

Initial fiscal performances often affect immediate stock performance; growth momentum can lead to quick gains.

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DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ:VERI), a leader in designing human-centered AI solutions, today reported results for the fourth quarter and fiscal year ended December 31, 2024. “Veritone delivered solid topline performance in the fourth quarter of 2024 and is entering 2025 with strong momentum underpinned by our disruptive Veritone Data Refinery offering and opportunity to drive Public Sector growth,” said Ryan Steelberg, Chairman, President and Chief Executive Officer of Verito.

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