Viant Technology Inc expected to post a loss of 3 cents a share - Earnings Preview

Viant Technology

01/03/2024 21:41

* Viant Technology Inc  DSP.OQ   DSP.O  is expected to show
a rise
in quarterly revenue when it reports  results on March 4 for the
period ending December 31 2023
    * The Irvine California-based  company is expected to report
a
20.9% increase in revenue to $65.92 million from $54.51 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on November 6 2023,
for the period ended December 31, was for revenue between $64.00
million and $67.00 million. (Revenue Majority is on Gross
Revenue basis)
    * ​LSEG's mean analyst estimate for Viant Technology Inc is
for a
loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Viant
Technology
Inc is $8.00​, below​ its last closing price of $9.09. ​​​

The company's guidance on November 6 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD64 million and
USD11.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.06       -0.06      -0.03     Beat    50
 Jun. 30 2023  -0.11       -0.11      -0.07     Beat    38.6
 Mar. 31 2023  -0.18       -0.19      -0.17     Beat    9.7​
 Dec. 31 2022  -0.15       -0.13      -0.15     Missed  -11.1
 ​​Sep.        -0.19       -0.18      -0.22     Missed  -22.2
 30 2022                                                
 Jun. 30 2022  -0.21       -0.20      -0.24     Missed  -22​
 Mar. 31 2022  -0.23       -0.23      -0.23     Met     0
 Dec. 31 2021  0.00        -0.01      0.11      Beat    1,016.
                                                        7
 This summary was machine generated March 1 at 21:41 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)