Let Me Make The case For Veri. Made a significant purchase when stk was $20. That was July.
Seem to be in some interesting areas like Crypto & NFT's///
$23.71 Today> Veritone.
Veritone says Media Works licenses Veritone Attribute » 15:01
Veritone, CBS announce exclusive international content licensing agreement » 09/23
VERI, VIAC, VIACA
Veritone announces agreement with RECUR to create NFTs 09/13
VERI
Veritone announced an exclusive agreement with RECUR to create NFTs, initially with Pac-12 Networks athletics video content. This content will be available in a new NFT community and marketplace called NFTU-the official collegiate destination. RECUR designs and develops on-chain experiences that allow fans to buy, collect and resell non-fungible tokens as digital products and collectables. RECUR is changing the NFT market by creating a new ecosystem which enables brands to have the widest-possible range of distribution. The company standardizes recurring royalties minted on any cryptocurrency, keeping NFTs chain-agnostic and drawing more fans into the crypto ecosystem. Veritone is the exclusive licensing partner for Pac-12 Networks and will coordinate with student-athletes to obtain authorization to use their highlights, in accordance with the Pac-12 NIL Licensing Program. With RECUR, Pac-12 Networks will make video highlights of Pac-12 moments across all sports available for NFT creation.
Veritone sees Q3 revenue $21.5M-$22.5M, consensus $20.6M » 08/03
VERI
Veritone sees FY21 revenue $96.5M-$103.5M, consensus $80.46M » 08/03
Veritone reports Q2 EPS (39c), consensus (14c) » 08/03
Veritone awarded microgrid modeling contract for cryptocurrency mining project 08/03
VERI
Veritone announced a new project with a microgrid developer to model the clean energy supply needs for a new U.S cryptocurrency mining project within Texas. Veritone's AI-powered energy solutions enable independent power producers and microgrid developers to model and predict mining data center energy supply needs. The new contract calls for modeling and simulation of the energy sources required to optimally dispatch 1,000 mW of clean, continuous, and reliable power for crypto mining. The capacity sizing design simulation will leverage wind, solar, and battery sources, with natural gas as a backup power source.
Craig-Hallum raises Veritone to Hold, sees PandoLogic greatly improving finances 07/22
VERI
As previously reported, Craig-Hallum analyst Chad Bennett upgraded Veritone to Hold from Sell with a price target of $20, up from $15, after the company announced an agreement to acquire PandoLogic for $150M. Veritone is "paying a remarkably low multiple" to add a recurring software business growing at a 100% compound annual growth rate with 50% EBITDA margin, said Bennett, who said the deal looks like it is "likely the most favorable transaction we have ever seen in software." While "cautiously optimistic" about the acquisition, he will need to see it play out to get real confidence in the potential pro-forma financials, added Bennett.
7/22 VERI = $ 20.21<-------
PandoLogic deal 'adds a lot of opportunity' for Veritone, says Roth Capital » 07/22
VERI
Veritone acquires PandoLogic in 'immediately accretive' deal for $150M 07/22 <--------
VERI
Veritone announced it signed a definitive agreement to acquire PandoLogic. Total consideration of $150M on a cash and debt free basis, payable in Veritone cash and stock, with performance earnouts through fiscal 2022. This values the transaction at approximately three times PandoLogic's expected 2021 GAAP revenues. The acquisition is expected to be immediately accretive, with PandoLogic generating over $50Mn in SaaS and related GAAP revenues and over $25M of EBITDA on a pro forma 2021 basis. PandoLogic utilizes AI to accelerate the time and improve the efficiency in the process for employers hiring at scale for both mass market and difficult-to-source candidates. PandoLogic's fully autonomous recruiting platform helps employers source talent faster and more efficiently with predictive algorithms, machine learning and AI. ..Total consideration for the acquisition of PandoLogic is $150M, consisting of upfront payments of $50M cash and $35M in Veritone stock. The remaining 43%, or $65 million in cash and stock, is payable based on earnouts tied to financial performance in fiscal 2021 and 2022. Under the terms of the agreement, Veritone will issue stock consideration valued up to $56.7 million, or 2.8 million shares of Veritone common stock, which are subject to certain trading and registration restrictions. The transaction, subject to customary domestic and Israeli closing conditions, is expected to close late in the third quarter of 2021, with the cash consideration being paid from Veritone's existing reserves. PandoLogic will become a wholly owned subsidiary of Veritone, operating in Israel.
I'll be honest I'm getting a little sick of doing all of this work and getting no love. What's the use If I'm the only guy making all of this money.
I couldn't of laid this out any clearer -no feedback nothing.
VERI-- $10 GAIN ++++ EVEN DOWN A BUCK TODAY...
Veritone, Inc.
31.22<------------- He's done it again.
-1.05(-3.25%)
9:39 AM 11/02/21