Veritone, Inc. (NASDAQ:VERI) shares traded lower in Friday’s premarket session after the company issued mixed financial updates alongside its fiscal 2026 outlook.

Preliminary Earnings Snapshot

The company cut its fourth-quarter revenue guidance to a range of $18.1 million to $30.0 million, down from its prior forecast of $33.4 million to $39.4 million and below the consensus estimate of $34.286 million.

Veritone also expects a fourth-quarter EPS loss of 41 cents to 28 cents, wider than the street view of 18 cents. For fiscal 2025, Veritone projected an EPS loss of $1.75 to $1.56, compared with analyst estimates of $1.50.

The company also lowered its fiscal 2025 revenue outlook to $93.7 million to $105.6 million, down from its earlier guidance of ...