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Viant Technology (DSP) Stock News, Jan-May 2022

DSP NASDAQ

Viant Technology Inc. develops an exclusively buy-side, AI-powered demand-side platform for programmatic advertising across the open internet, with emphasis on connected TV, streaming audio, mobile, desktop and digital out-of-home campaigns. News about DSP commonly covers financial results, advertiser spend trends, CTV adoption, investor conference participation, and platform releases such as ViantAI and Outcomes.

Company updates also include customer and agency partnerships, material agreements, and data or measurement capabilities tied to identity resolution, content signals and campaign performance. Viant’s completed acquisition of TVision Insights added attention measurement signals for television, including eyes-on-screen attention, co-viewership and in-room presence, to its advertising intelligence and measurement activities.

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Viant Technology Inc. (NASDAQ: DSP) announced that its management team will present at two upcoming investor conferences. The details include: 17th Annual Needham Technology & Media Conference on May 18, 2022, at 11:45 am ET, and the Bank of America Global Tech Conference on June 7, 2022, at 5:20 pm ET. These presentations will be webcast live on Viant’s investor relations website, with replays available post-event. Viant specializes in people-based advertising software, leveraging its Demand Side Platform, Adelphic, for programmatic advertising across various channels.

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Viant Technology Inc. (Nasdaq: DSP) reported Q1 2022 financial results with revenue of $42.6 million, up 6% year-over-year. Advertiser spend on its Adelphic software surged 44%, reflecting a strong demand shift toward digital channels. Active customers grew by 23% to 327. However, the company reported a net loss of $13.6 million, narrowing from $14.9 million a year earlier, and an adjusted EBITDA of $(3.9) million. For Q2 2022, revenue guidance is set at $52.5 million to $55.0 million, anticipating 4% to 9% growth.

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Viant Technology (NASDAQ: DSP) announced a new integration with Mediaocean, a global omnichannel advertising platform, aimed at enhancing the transparency and efficiency of the media buying process for agencies. This collaboration will streamline the end-to-end planning and purchasing workflow, providing marketers with clearer oversight of their advertising investments. Mediaocean manages over $200 billion in annual media spend, making it a key player in the advertising sector.

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Viant Technology (NASDAQ: DSP) has announced the release of its first quarter 2022 financial results, scheduled for May 3, 2022, after U.S. markets close. A conference call will take place on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company’s performance. Viant, a leader in people-based advertising software, offers its self-service Demand Side Platform, Adelphic, which enables marketers to manage advertising campaigns across various channels. The event will be accessible via webcast on the company's investor relations site.

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Viant Technology Inc. (NASDAQ: DSP) reported strong fourth-quarter and full-year 2021 results, exceeding revenue and profitability guidance. Fourth-quarter GAAP revenue was $82.7 million, up 46% year-over-year, while full-year revenue reached $224.1 million, a 36% increase. However, the company posted a net loss of $37.6 million for the year. Looking ahead, Viant expects Q1 2022 revenue between $42.0 million and $44.0 million, with full-year revenue projections of $260.0 million to $270.0 million, indicating continued growth.

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Viant Technology Inc (NASDAQ: DSP) will release its Q4 and full year 2021 financial results after the market closes on March 10, 2022. The company will host a conference call and webcast at 2:00 PM PT (5:00 PM ET) to discuss its business and financial performance. Viant's platform facilitates the planning, buying, and measurement of advertising investments across multiple channels. Their robust capabilities have linked 115 million U.S. households to over 1 billion connected devices.

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Viant Technology Inc. (NASDAQ: DSP) announces its participation in two investor conferences. Management will present at the Berenberg Thematic Software Conference on March 2, 2022, and at the JMP Securities Technology Conference on March 7, 2022. Both presentations will be webcast live on Viant’s investor relations website, with replays accessible afterward. Viant’s Adelphic DSP facilitates programmatic advertising across multiple channels, leveraging data from over 115 million U.S. households.

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Viant Technology (NASDAQ: DSP) has announced a strategic partnership with Commerce Signals, a Verisk Financial business, aimed at enhancing its advertising software capabilities. This alliance focuses on providing clients with actionable analytics and improved return-on-ad-spend (ROAS) measurements by integrating payment-based insights. Viant emphasizes the importance of accurate campaign measurement, allowing marketers to connect ad impressions with consumer spending behavior. Through this collaboration, both companies aim to optimize marketing outcomes for clients.

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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.

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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.

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FAQ

What is the current stock price of Viant Technology (DSP)?

Viant Technology (DSP) last closed at $11.59.

What is the market cap of Viant Technology (DSP)?

The market cap of Viant Technology (DSP) is approximately $759.5M.