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Sep 30, 2022
Viant Q3 2022 Earnings Report
Viant Technology reported financial results for the third quarter ended September 30, 2022.
Key Takeaways
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.
Revenue was $48.8 million, a decrease of 4%.
Gross profit was $21.3 million, a decrease of 3%.
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.
Forward Guidance
For the fourth quarter 2022, the Company expects revenue in the range of $52.0 million to $57.0 million, contribution ex-TAC in the range of $32.0 million to $35.5 million, advertiser spend decrease of 20% to 11% on a year-over-year basis, and adjusted EBITDA in the range of $(1.5) million to $1.0 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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