Viant Q2 revenue $57.2M (+12% YoY), Adj EBITDA $6.8M vs -$3.1M; guides Q3 rev $56-59M

Viant Technology Inc.

2023-Q2 EPS reported -$0.24 revenue$98,943,000

Revenue $57.2M (+12% YoY), gross profit $23.7M (+17%), net loss $3.2M vs $14.1M loss year ago.
Non-GAAP contribution ex-TAC $33.7M (+6%), adjusted EBITDA $6.8M vs $(3.1)M; Adj EBITDA margin 20% of contribution ex-TAC.
Non-GAAP diluted EPS $0.06 vs $(0.08) year ago; cash $203.9M, no debt.
Q3 guidance: revenue $56-59M, contribution ex-TAC $35-37M, Adj EBITDA $6.5-7.5M.
AI Bid Optimizer released; advertiser spend per active customer +7% YoY; revenue per employee +27%.

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