Viant Technology Inc. Stock Price, News & Analysis

Viant Technology (NASDAQ: DSP) has scheduled its third quarter 2024 financial results announcement for Tuesday, November 12, 2024, after U.S. markets close. The company will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its business and financial performance. An archived version of the webcast will be available on the company's investor relations website approximately one hour after the live call.

Viant Technology Inc. (NASDAQ: DSP) has announced its second annual Direct Access event, titled 'CTV: Accelerating Performance Throughout the Customer Journey.' The event is scheduled for Oct. 30, 2024, at NASDAQ MarketSite in New York City, focusing on the transformative impact of Connected TV (CTV) in shaping advertising's future.

The event will feature a CTV market trajectory update, two expert-led panels, and an update from Viant Co-Founders, followed by a networking reception. The panels will discuss 'Unlocking the Power of Addressable CTV' and 'CTV and the Live Sports Revolution,' featuring industry experts from companies like Disney Advertising, Paramount, Havas Media, IPG Mediabrands, and NBCUniversal.

Viant's Direct Access program aims to drive CTV adoption and growth by providing advertisers with addressable CTV inventory from premium publishers while optimizing the supply path and delivering enhanced results.

Viant Technology Inc. (NASDAQ: DSP) has appointed Nicholas Zangler as Vice President of Investor Relations. Zangler will lead the company's investor relations strategy, fostering connections and broadening awareness within the investor community. He will serve as the primary liaison with investors and equity research analysts, ensuring clear communication of Viant's vision, strategy, and financial performance.

Zangler brings over 15 years of experience in sell-side equity research and investor relations across AdTech, media, specialty retail, and healthcare industries. He was previously an equity research analyst at Stephens Inc., focusing on Technology, Media, and Telecom (TMT) coverage. Zangler is a CFA charterholder with a Bachelor of Science in Finance from Northern Illinois University.

Larry Madden, Chief Financial Officer at Viant, emphasized the importance of building a strong investor relations function as part of the company's growth strategy. Viant continues to gain market share as one of the few buy-side only, demand-side platforms in the industry.

Viant Technology Inc. (NASDAQ: DSP) has launched ViantAI, an advanced AI-powered platform set to transform programmatic advertising. This autonomous platform handles every stage of the process, from campaign planning to execution optimization, creating data-driven media plans in minutes. ViantAI aims to simplify complex processes, allowing advertisers and agencies to focus on broader strategic goals.

Marc Boudreau, VP of Marketing at Rush Street Interactive, praised ViantAI's intuitive interface, speed, and comprehensive media planning capabilities. Tim Vanderhook, CEO of Viant Technology, described it as a breakthrough that acts like a digital advertising expert. Future developments will include autonomous decisioning capabilities for real-time campaign optimization, positioning ViantAI as an intelligent command center for programmatic advertising.

Wiland, Inc. has expanded its partnership with Viant Technology to enhance omnichannel audience activation capabilities. Viant will onboard custom audiences to their demand-side platform (DSP) and activate them for Wiland clients, providing advanced advertising capabilities. This collaboration allows Wiland to focus on delivering premier audience and data products while ensuring clients can activate digital audiences through Viant's platform.

The partnership combines Wiland's market-leading ability to build audiences with Viant's programmatic advertising technology, offering a comprehensive solution for Wiland clients. Viant's omnichannel DSP covers various digital channels, including display, connected TV (CTV), audio, and digital out-of-home. Wiland will maintain a dedicated Digital Sales and Activation team to support the partnership and liaise with clients.

Viant Technology Inc. (NASDAQ: DSP) has been named the winner of the Best Demand-Side Platform (DSP) category in the 7th annual MarTech Breakthrough Awards. This recognition comes from thousands of nominations across 15 countries. Viant's enterprise-grade DSP and integrated Viant Data Platform (VDP) were key factors in this achievement.

The VDP enables programmatic advertisers to easily onboard and activate customer data, improving targeting, performance, and insights. Viant's DSP offers a comprehensive solution for programmatic advertising, utilizing the Viant Household ID™ for identity resolution and providing a clear understanding of return on advertising spend (ROAS). The platform also includes advanced reporting, planning, and analytics tools, allowing users to achieve real-world outcomes with transparency and accuracy.

Viant Technology (Nasdaq: DSP) reported strong Q2 2024 results, with record advertiser spend and significant growth in key areas. Highlights include:

- Revenue increased 15% YoY to $65.9 million
- Gross profit up 30% YoY to $30.7 million
- Net income of $1.5 million, compared to a $3.2 million loss in Q2 2023
- CTV spend grew over 40% YoY
- Streaming audio nearly doubled YoY, accounting for almost 10% of total advertiser spend

The company launched ViantAI, integrating AI-enabled tools for improved programmatic advertising. Viant also announced a new integration with Google Cloud's BigQuery data clean rooms. For Q3 2024, Viant expects revenue between $67.5-$70.5 million and contribution ex-TAC of $44.0-$46.0 million.

Viant Technology Inc. (NASDAQ: DSP), a leading advertising technology company, has announced its management team's participation in upcoming investor conferences. The company will be presenting at two key events:

1. The Canaccord Genuity 44th Annual Growth Conference in Boston, MA on Wednesday, August 14th, 2024 at 1:00 pm ET.

2. The Citi 2024 Global TMT Conference in New York, NY on Friday, September 6th, 2024 at 9:10 am ET.

Investors can access live webcasts of available presentations on Viant's investor relations website. Replays will also be made available after the events conclude.

K-pop group KARD is set to release their 7th mini-album, 'Where to Now? (Part. 1: Yellow Light)', on August 13th, 2024. The seven-track album, coinciding with the group's seventh anniversary, showcases KARD's growth and transformation. DSP Media, KARD's management company, expressed confidence in the album's appeal to fans worldwide.

The album features English lyrics (except for J.seph's rap) and diverse musical styles. KARD, consisting of BM, J.Seph, Jeon Somin, and Jeon Jiwoo, has gained international recognition with hits like 'Hola Hola' and 'GUNSHOT'. The group recently completed a world tour and signed with UTA, a major U.S. agency, signaling their expanding global influence in the K-pop industry.