Veritone, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 34.2 million compared to USD 43.89 million a year ago. Net income was USD 12.18 million compared to USD 5.03 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.33 compared to USD 0.21 a year ago.
For the full year, sales was USD 127.56 million compared to USD 149.73 million a year ago. Net loss was USD 58.63 million compared to USD 25.56 million a year ago. Basic loss per share from continuing operations was USD 1.59 compared to USD 0.71 a year ago. Diluted loss per share from continuing operations was USD 1.59 compared to USD 0.71 a year ago.