Viant Q4 2022 Earnings Report
Key Takeaways
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.
Revenue decreased by 34% to $54.5 million.
Net loss was $8.0 million, a significant shift from the $7.5 million net income in Q4 2021.
Contribution ex-TAC decreased by 31% to $33.4 million.
Adjusted EBITDA was $2.6 million, a decrease from $17.4 million in Q4 2021.
Viant
Viant
Forward Guidance
For the first quarter 2023, the Company expects revenue in the range of $39.0 million to $42.0 million, contribution ex-TAC in the range of $25.5 million to $27.5 million, non-GAAP operating expenses of approximately $30.0 million and adjusted EBITDA in the range of $(4.5) million to $(2.5) million