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 (DSP) operates a cloud-based demand-side platform enabling programmatic advertising across digital channels. This news hub provides investors and marketing professionals with timely updates on corporate developments shaping the ad tech landscape.
Access comprehensive coverage of earnings announcements, strategic partnerships, and technology innovations within Viant's ecosystem. Our curated news collection simplifies tracking of operational milestones, leadership changes, and market positioning in the evolving programmatic media sector.
Key updates include product enhancements across connected TV and cross-device advertising solutions, financial performance insights, and industry recognition. Bookmark this page for centralized access to verified press releases and objective analysis of Viant's advertising technology advancements.
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.
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