Viant Technology Inc expected to post a loss of 7 cents a share - Earnings Preview
26/04/2024 22:18
* Viant Technology Inc DSP.OQ DSP.O is expected to show
a rise
in quarterly revenue when it reports results on April 30 for
the period ending March 31 2024
* The Irvine California-based company is expected to report
a
21.8% increase in revenue to $50.831 million from $41.72 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on March 4 2024, for
the period ended March 31, was for revenue between $49.00
million and $52.00 million.
* LSEG's mean analyst estimate for Viant Technology Inc is
for a
loss of 7 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 $12.00, above its last closing price of $8.30.
The company's guidance on March 4 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD49 million and USD3 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
Dec. 31 2023 0.00 -0.03 0.04 Beat 253.8
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. -0.15 -0.13 -0.15 Missed -11.1
31 2022
Sep. 30 2022 -0.19 -0.18 -0.22 Missed -22.2
Jun. 30 2022 -0.21 -0.20 -0.24 Missed -22
Mar. 31 2022 -0.23 -0.23 -0.23 Met 0
This summary was machine generated April 26 at 21:18 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)