earnings
confidence high
sentiment negative
materiality 0.75
Viant Q2 net loss widens to $14.1M; withdraws FY2022 guidance
Viant Technology Inc.
2022-Q2 EPS reported
-$0.47
revenue$93,829,000
- Revenue $51.2M (+2%); Contribution ex-TAC $31.7M (-1%); net loss $14.1M ($0.24 loss per share).
- Adjusted EBITDA -$3.1M vs +$8.3M; non-GAAP loss $5.9M ($0.08 loss per share).
- Advertiser spend +32% YoY; active customers 336 (+17% YoY).
- Q3: rev $47.5-50M; advertiser spend +20-25%; Adj. EBITDA -$2M to -$1M; FY guidance withdrawn.
- Hired Dustin Kwan as CPO; previously built Amazon's DSP.