Veritone Stock Falls 23% After Q2 Results as Losses Widen Despite Data Refinery Growth

Veritone shares dropped 23% after the company reported second-quarter 2026 results on August 13, with an operating loss of $22.1 million, a $3.1 million or 16.4% increase year over year, weighed down by $4.5 million in restructuring charges. The AI and data solutions company highlighted growth in its Veritone Data Refinery business, including multi-million dollar orders from existing major hyperscalers, a new multi-year licensing partnership with the Pac-12 conference, and more than 200 commercial enterprise contracts signed in the quarter, including deals with CNN and Sony Pictures Entertainment. The results were among a heavy wave of Q2 2026 earnings calls on August 13, which also included Newsmax reporting its first-ever quarterly profit, with affiliate fees cited as the primary driver of growth.

PEDEVCO beat its second-quarter revenue estimate and saw its shares jump, while Jefferson Capital topped profit estimates and MDxHealth exceeded revenue expectations for the quarter.