Viant Q1 revenue $42.6M (+6% YoY); net loss $13.6M; advertiser spend up 44%

Viant Technology Inc.

2022-Q1 EPS reported -$0.23 revenue$42,629,000

Revenue $42.6M (+6% YoY); net loss $13.6M ($0.23/diluted); non-GAAP net loss $6.8M ($0.09/diluted).
Contribution ex-TAC $27.5M (+3% YoY); adj EBITDA -$3.9M vs +$4.9M prior year.
Advertiser spend on Adelphic grew 44% YoY; active customers 327 (+23% YoY, +18 QoQ).
Q2 2022 guidance: revenue $52.5-55.0M (4-9% YoY); adj EBITDA -$5.0 to -$3.0M.
Full year 2022 guidance reiterated: revenue $260-270M (16-20% YoY); adj EBITDA $25-35M.

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