Welcome to our dedicated page for Viant Technology news (Ticker: DSP), a resource for investors and traders seeking the latest updates and insights on Viant Technology stock.
Viant Technology Inc. (NASDAQ: DSP) is an advertising software company and a self-described leader in CTV and AI-powered programmatic advertising. Its news flow highlights developments around its cloud-based demand-side platform, AI innovations, partnerships and financial performance. Readers following DSP news can see how Viant’s omnichannel platform for CTV, streaming audio, digital out-of-home, mobile and desktop evolves over time.
Recent press releases emphasize Viant’s focus on artificial intelligence through ViantAI and products such as Outcomes, a fully autonomous open internet ad product powered by the AI Lattice Brain. News items describe how these tools are intended to automate campaign planning, optimization and execution while maintaining transparency into where ads run and how results are achieved.
Viant’s news coverage also features strategic partnerships and integrations. Examples include a multi-year agreement designating Viant as the Advertising Platform for Molson Coors Beverage Company, an expanded relationship with Tubi to enable AVOD addressability and contextual targeting in CTV, and collaborations with iHeartMedia, Triton Digital and Magnite’s SpringServe video platform to improve addressability, measurement and supply path transparency across audio and CTV.
Investors and marketers can use the DSP news page to monitor Viant’s quarterly earnings announcements, conference participation and platform milestones, such as record CTV and streaming audio ad spend. By reviewing these updates in one place, users can track how Viant’s AI-powered programmatic capabilities, identity infrastructure and publisher partnerships are shaping its role in digital advertising.
Viant Technology Inc. (NASDAQ: DSP) has appointed Brad Samson as Vice President of Investor Relations. With over 30 years of experience, Samson will oversee Viant's investor relations strategy and stakeholder relationships. He previously worked with companies like Zepp Health and Fitbit. Chief Financial Officer Larry Madden expressed excitement about Samson's appointment, emphasizing his capability to enhance communications regarding strategy and growth opportunities. This move is expected to strengthen Viant's position within the advertising software industry.
Viant Technology Inc. (NASDAQ: DSP) has appointed Tom Wolfe as Senior Vice President of Business Development. This role aims to enhance strategic partnerships to foster company growth. Wolfe, a veteran with over 25 years of experience in advertising and technology, notably in CTV and OTT, is expected to leverage his extensive industry relationships to drive business performance. Reporting to CMO Jon Schulz, Wolfe’s expertise is anticipated to unlock new opportunities for Viant's advertising software solutions.
Viant Technology Inc. (NASDAQ: DSP) has partnered with ALLSHIPS to launch the #NEWOPENWEB NFT sweepstakes, running from December 28 to January 9, 2022. The sweepstakes aims to celebrate independent artists by offering NFT artwork created by them, reflecting interpretations of the new open web. Winners will be announced on January 10. This initiative aligns with Viant's ongoing campaign promoting digital inclusion and a cookieless future. Participants must follow Viant on Twitter to enter, emphasizing the company's commitment to innovation within the advertising sector.
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Viant Technology Inc. (NASDAQ: DSP) appointed Vivian Yang as a new independent director, effective December 7, 2021. She will lead the Nominating and Governance Committee and participate in the Audit Committee. With over 20 years in advertising, media, and technology, Yang previously held executive roles at Time Warner and The Trade Desk, where she managed legal and governance aspects during its public transition. CEO Tim Vanderhook expressed optimism about her contributions to improving profitability and shareholder value.
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Viant Technology Inc. (NASDAQ: DSP) has announced upcoming presentations by its management team at various investor conferences. The events include the UBS Global TMT Virtual Conference on December 7, 2021, at 1:00 pm ET, and the Raymond James Technology Investors Conference on the same day at 2:10 pm ET. Additionally, they will participate in the 24th Annual Needham Virtual Growth Conference on January 12, 2021, at 2:00 pm ET. Webcasts will be available on their investor relations website.
Viant Technology Inc. (NASDAQ: DSP) announced significant advancements in its Adelphic® advertising software to improve performance amidst the decline of third-party cookies. The major update, World Without Cookies (WWC), integrates the Household ID, boosting omnichannel adoption with over 200% average conversions for participating brands. Other enhancements include Multi-Touch Attribution (MTA) 2.0 for real-time performance tracking and a streamlined Deals Marketplace. These innovations aim to provide marketers with better metrics and greater efficiency in a post-cookie advertising landscape.
Viant Technology (NASDAQ: DSP) reported strong Q3 2021 results, with revenue of $50.9 million, up 26% year-over-year, and gross profit of $21.9 million, an increase of 9%. However, the company experienced a net loss of $12.2 million, or $0.20 per diluted share, compared to net income of $7.5 million in Q3 2020. Active customers grew to 305, marking a 17 increase from the previous quarter. Looking ahead, Viant raised its guidance, predicting Q4 revenue between $71 million to $74 million and full-year revenue of $212.4 million to $215.4 million, reflecting robust growth expectations.
Viant Technology Inc. (NASDAQ: DSP) has integrated Beachfront’s premium linear TV inventory into its Adelphic® advertising software, making it the first demand-side platform to support this unique inventory for real-time bidding. This partnership aims to enhance programmatic ad buying across traditional and connected TV, responding to an increasing demand for unified ad buying strategies. Recent eMarketer data indicates an 18.4% rise in premium video streaming viewers in the U.S. to 89.2 million, underscoring the significance of this collaboration.