Viant Technology posted Q4 2024 revenue of $90.1 million, up 40% year-over-year, with net income rising 133% to $7.7 million. Adjusted EBITDA grew 31% to $17.1 million. The company benefited from record advertiser spending, growth in connected TV (CTV) advertising, and the adoption of its AI-driven ViantAI platform. Viant also completed the acquisition of Lockr to enhance first-party data capabilities.
Viant Technology Inc. reported strong third-quarter results, with revenue, contribution ex-TAC, and adjusted EBITDA exceeding expectations. Advertiser spending hit a new record, driven by CTV spending and the introduction of ViantAI.
Viant Technology reported a 15% increase in revenue year-over-year, driven by growth in CTV and streaming audio. The company launched ViantAI, integrating AI-enabled tools to enhance programmatic advertising. They also saw a 146% increase in net income.
Viant Technology Inc. announced strong first-quarter results, driven by over 50% year-over-year growth in CTV. The company's Direct Access program saw notable adoption, and there was a significant improvement in adjusted EBITDA as a percentage of contribution ex-TAC. Viant's Board of Directors also authorized a $50 million stock repurchase program.
Viant Technology Inc. reported financial results for the fourth quarter and full year ended December 31, 2023. The company's Q4 revenue was $64.406 million, a 18% increase year-over-year. Net income attributable to Viant Technology Inc. was $626 thousand, compared to a loss of $2.193 million in the same quarter last year. Adjusted EBITDA was $13.007 million, a 395% increase year-over-year.
Viant Technology reported a strong Q3 2023 with revenue of $59.585 million, a net loss of $0.672 million, and adjusted EBITDA of $9.668 million. The company saw growth in CTV and advertiser spend per active customer, and provided Q4 2023 revenue guidance of $64.0 million to $67.0 million.
Viant Technology Inc. reported a 12% increase in revenue, reaching $57.2 million, and a gross profit increase of 17% to $23.7 million. The company's net loss decreased significantly to $3.2 million. Adjusted EBITDA improved to $6.8 million, and AI enhancements to the platform drove customer spend.
Viant Technology reported a decrease in revenue but an increase in gross profit for Q1 2023. The company saw a net loss but improved adjusted EBITDA. They upsized their credit facility to $75 million and are seeing stability in the spending environment.
Viant Technology Inc. reported a revenue of $54.5 million for Q4 2022, a decrease of 34% year-over-year. The company experienced a net loss of $8.0 million, compared to a net income of $7.5 million in the same quarter of the previous year. Despite macroeconomic pressures, Viant focused on technology investments, particularly in AI and CTV infrastructure.
Viant Technology's revenue was $48.8 million, a decrease of 4%. Net loss was $12.4 million, or $(0.22) per diluted share of Class A common stock. Advertiser spend across the Adelphic platform grew 19% year-over-year.
Viant Technology reported its Q2 2022 financial results, with revenue increasing by 2% to $51.2 million and advertiser spend growing by 32% year-over-year. However, the company experienced a net loss of $14.1 million, and adjusted EBITDA was $(3.1) million.
Viant Technology Inc. reported a 6% increase in revenue to $42.6 million for Q1 2022. Advertiser spend on the platform grew by 44%. The company reiterates its full year 2022 revenue guidance of $260.0 million to $270.0 million.
Viant Technology Inc. announced financial results for its third quarter ended September 30, 2021. Revenue was $50.9 million, an increase of 26% year-over-year. Non-GAAP Net Income was $3.1 million, or $0.04 per diluted share. The company is raising its guidance for the year.
Viant Technology Inc. announced financial results for the second quarter ended June 30, 2021, with revenue increasing by 66% year-over-year. The company's Connected TV business more than doubled year-over-year. Viant is raising guidance for the full year across all key metrics.
Viant Technology Inc. announced its Q4 and full year 2020 financial results, reporting a 9% increase in revenue and a 138% increase in net income for the fourth quarter. The company highlighted strong momentum in connected TV and recovery signs in pandemic-impacted verticals.