Viant Q3 revenue $79.9M (+34% YoY); net income $6.5M vs loss; record CTV spend

Viant Technology Inc.

2024-Q3 EPS reported $0.04 revenue$199,181,000

GAAP revenue $79.9M, gross profit $35.3M; net income $6.5M vs ($0.7M) loss a year ago.
Non-GAAP contribution ex-TAC $47.4M (+21% YoY); adjusted EBITDA $14.7M (+52% YoY).
CTV spend hit an all-time high, growing nearly 50% YoY; record total advertiser spend on platform.
Completed acquisition of IRIS.TV, an CTV content data platform; launched ViantAI autonomous ad software.
Q4 guidance: revenue $82-85M, contribution ex-TAC $51-53M, adjusted EBITDA $16-17M.

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