Viant Technology Announces Third Quarter 2024 Financial Results [Yahoo! Finance]
Viant Technology Inc. - common stock (DSP)
Company Research
Source: Yahoo! Finance
"We delivered outstanding third quarter results, with revenue, contribution ex-TAC, and adjusted EBITDA surpassing the high end of our guidance," said Tim Vanderhook, Co-Founder and CEO, Viant. "For the second consecutive quarter, advertiser spending on our platform hit a new record, fueled by unprecedented CTV spending. We're excited to build upon our CTV targeting and measurement capabilities with the acquisition of IRIS.TV, which we announced today. In addition, the recent introduction of ViantAI has captivated advertisers and aligns with their increasing desire to explore innovative, efficient and more cost-effective alternatives in programmatic advertising, further fueling our growth." Third quarter 2024 Financial Highlights, year-over-year (in thousands, except percentages and per share data): Change (%) (NM = Not Meaningful) GAAP Revenue Gross profit Net income (loss) Net income (loss) as a percentage of gross profit NM Earnings (loss) per share of Class A
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