Veritone gains as co issues Q2 outlook, unveils cost-cutting plan targeting $10M in annual savings

Jun. 26, 2025 8:32 AM ETVeritone, Inc. (VERI) StockBy: Arundhati Sarkar, SA News Editor
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Veritone (NASDAQ:VERI) on Thursday issued its Q2 outlook and announced new cost-cutting and restructuring initiatives aimed at streamlining operations and improving its financial position, with expected annualized savings of up to $10 million.

Shares rose about 5% in premarket trading.

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