Viant Q3 revenue down 4% to $48.8M; net loss $12.4M; Q4 guidance soft

Viant Technology Inc.

2022-Q3 EPS reported -$0.69 revenue$142,659,000

Revenue $48.8M (-4% YoY); gross profit $21.3M (-3%); net loss $12.4M ($0.22 diluted loss per share).
Contribution ex-TAC $32.1M (-6%); adjusted EBITDA -$1.8M vs +$6.5M a year ago.
Advertiser spend grew 19% YoY; active customers up 10% to 334.
Q4 guidance: revenue $52-57M; contribution ex-TAC $32-35.5M; adjusted EBITDA -$1.5M to $1.0M.
CFO cites pullback in advertiser spend continuing into Q4 due to weakening consumer demand.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Viant Technology Inc. reported the quarter ended September 30, 2022 results: revenue $48.8 million, net income $12.4 million, EPS $(0.22) per diluted share.

Period: the quarter ended September 30, 2022
Revenue: $48.8 million
Net income: $12.4 million
EPS: $(0.22) per diluted share
Result: reported results

Exact text from the filing

in times of shifting ad spend priorities make our offering all the more valuable to our customers.” Third quarter 2022 Financial Highlights, year-over-year: GAAP • Revenue was $48.8 million, a decrease of 4% • Gross profit was $21.3 million, a decrease of 3% • Net loss was $12.4 million, or $(0.22) per diluted share of Class A common stock, compared to a net loss of

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Viant Technology Inc. reported the fourth quarter 2022 results: revenue $52.0 million to $57.0 million. Guidance initiated.

Period: the fourth quarter 2022
Revenue: $52.0 million to $57.0 million
Guidance: initiated
Result: guidance update

Exact text from the filing

For the fourth quarter 2022, the Company expects: ● Revenue in the range of $52.0 million to $57.0 million

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Source: SEC EDGAR

accession 0001564590-22-037215

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