secwatch.observer — SEC 8-K summary
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Issuer:     Viant Technology Inc. (DSP)
CIK:        0001828791
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001828791-24-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viant reports record Q2 ad spend; revenue $65.9M, net income $1.5M vs loss year ago
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- GAAP revenue $65.9M (+15% YoY); net income $1.5M vs ($3.2M) loss in Q2 2023.
- Contribution ex-TAC $41.6M (+23%); adjusted EBITDA $9.6M (+41%).
- CTV spend >40% YoY; streaming audio nearly doubled, >10% of total spend.
- Q3 guidance: revenue $67.5-70.5M, adj. EBITDA $11-12M.
- Launched ViantAI; repurchased $8M in shares; $42M remaining under buyback.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828791/000182879124000039/0001828791-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828791/000182879124000039/dsp-20240812.htm
  HTML page:      https://secwatch.observer/filing/0001828791-24-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer