Veritone Sees Q4 GAAP EPS $(0.41)-$(0.28) vs $(0.18) Est; Lowers Q4 Sales Guidance from $33.400M-$39.400M to $18.100M-$30.000M vs $34.286M Est

Veritone (NASDAQ: VERI) has projected a Q4 GAAP EPS of $(0.41) to $(0.28), which is below the analyst estimate of $(0.18). The company has also revised its Q4 sales guidance down from a range of $33.4 million to $39.4 million to a new range of $18.1 million to $30 million, compared to the previous estimate of $34.286 million.