Viant Technology Inc. Stock Price, News & Analysis

Viant Technology Inc. (Nasdaq: DSP) reported its Q4 and full-year 2022 financial results, revealing a 34% decline in GAAP revenue to $54.5 million and a 41% drop in gross profit to $22.5 million. The company incurred a net loss of $8.0 million, compared to a profit of $7.5 million in Q4 2021. For the full year, GAAP revenue decreased by 12% to $197.2 million, with a net loss of $48.1 million.

Despite these challenges, Viant noted a 15% growth in advertiser spend across its Adelphic platform in 2022 and a 6% increase in active customers. Looking forward, the company anticipates Q1 2023 revenue between $39.0 million and $42.0 million.

Viant Technology Inc. (NASDAQ: DSP) announced that its management team will present at the JMP Securities Technology Conference on March 7, 2023, at 12:00 pm PT. The presentation will be available via live webcast on the investor relations section of Viant's website, with a replay accessible afterward.

Viant is a leader in people-based advertising software, offering a cloud-based platform for marketers. Their Adelphic service supports programmatic advertising across various channels, while their Adricity program aids clients in achieving sustainability goals. In 2022, Viant earned recognition as a leader in the DSP category.

Viant Technology Inc (NASDAQ: DSP) announced a partnership with Scope3 to enhance its sustainability efforts in advertising. This integration aims to utilize Scope3’s carbon emissions data to help minimize the environmental impact of advertising campaigns. Viant's recent initiatives include the launch of Adtricity, a carbon impact reduction program, and a commitment to achieving carbon neutrality in its energy usage by the end of 2023. As a founding member of Ad Net Zero, Viant is taking significant steps towards decarbonizing the media and advertising sector.

Viant Technology Inc. (NASDAQ: DSP) plans to release its fourth quarter and full year 2022 financial results on March 2, 2023, after U.S. markets close. A conference call and webcast will follow at 2:00 p.m. PT to discuss business and financial performance. Viant offers a cloud-based advertising platform that empowers marketers with programmatic advertising across diverse channels. The company is also committed to sustainability through its Adricity carbon reduction program. For more information, visit Viant's investor relations website.

Viant Technology Inc. (NASDAQ: DSP) has announced that its management team will present at the 25th Annual Needham Growth Conference on January 11, 2023, at 3:45 pm ET. The presentation will be available via live webcast on Viant's investor relations website. Founded in advertising technology, Viant provides a cloud-based platform for marketers to manage omnichannel ad campaigns. The company was recognized as a leader in the Demand Side Platform (DSP) category and is known for its self-service platform, Adelphic.

Viant Technology Inc. (NASDAQ: DSP), a leader in people-based advertising software, has announced its management team's upcoming presentations at investor conferences. The events include the Raymond James Technology Investors Conference on December 6, 2022, at 8:35 am ET, and the UBS Global TMT Conference on the same day at 4:40 pm ET. These presentations will be available via live webcast on Viant's investor relations website, with replays accessible afterward.

Viant is recognized for its innovative advertising platform, enabling omnichannel campaign management.

Viant Technology Inc. (Nasdaq: DSP) reported its third quarter 2022 financial results, highlighting a 19% growth in advertiser spend but facing challenges with a 4% decline in GAAP revenue to $48.8 million and a 3% decrease in gross profit to $21.3 million. The net loss widened to $12.4 million, or $(0.22) per diluted share. Despite short-term macroeconomic challenges, Viant remains optimistic about its omnichannel capabilities and strategic position. For Q4 2022, the company anticipates revenue between $52.0 million and $57.0 million, acknowledging a potential 20% to 11% decrease in advertiser spend year-over-year.