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Dec 31, 2023
Viant Q4 2023 Earnings Report
Viant reported strong Q4 2023 results, driven by growth and innovation.
Key Takeaways
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's AI product suite won the Business Intelligence Group's 2024 Innovation award.
Strong, double-digit CTV growth in Q4 was driven by Household ID technology and Direct Access program.
Customers with greater than $1 million in contribution ex-TAC increased over 20% in FY 2023.
Viant achieved carbon neutrality for calendar year 2023.
Forward Guidance
For the first quarter 2024, the Company expects revenue in the range of $49.0 million to $52.0 million, contribution ex-TAC in the range of $33.0 million to $35.0 million, non-GAAP operating expenses in the range of $31.0 million to $32.0 million and Adjusted EBITDA in the range of $2.0 million to $3.0 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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