Viant Q3 revenue up 22% to $59.6M; adjusted EBITDA $9.7M vs -$1.8M year ago

Viant Technology Inc.

2023-Q3 EPS reported -$0.27 revenue$158,528,000

GAAP revenue $59.6M (+22% YoY); gross profit $28.6M (+34% YoY); net loss improved 95% to $0.7M.
Non-GAAP net income $1.4M vs loss $0.9M; adjusted EBITDA $9.7M (25% of contribution ex-TAC).
Q4 guidance: revenue $64-67M, contribution ex-TAC $41-43M, adjusted EBITDA $10.5-11.5M (26-27% margin).
CTV >1/3 of advertiser spend; Disney+ launched biddable CTV via Direct Access; AI product innovations unveiled.

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 0.95

Viant Technology Inc. reported the fiscal quarter ended September 30, 2023 results: revenue $ 59,585, EPS $(0.03) per diluted share. Guidance lowered.

Period: the fiscal quarter ended September 30, 2023
Revenue: $ 59,585
EPS: $(0.03) per diluted share
Guidance: lowered
Result: reported results

Exact text from the filing

ahead.” Third quarter 2023 Financial Highlights, year-over-year ( in thousands, except percentages and per share data): 2023 2022 Change (%) (NM = Not Meaningful) GAAP Revenue $ 59,585 $ 48,830 22 % Gross profit $ 28,620 $ 21,300 34 % Net loss $ (672) $ (12,426) 95 % Net loss as a percentage of gross profit (2) % (58) % NM Net loss attributable to Viant

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Source: SEC EDGAR

accession 0001828791-23-000057

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