Viant Technology Inc reports results for the quarter ended in December - Earnings Summary

Viant Technology

05/03/2024 23:48

* Viant Technology Inc  DSP.OQ  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -15 cents.  The mean expectation of
six analysts for the quarter was for a loss of 3 cents per
share. Wall Street expected results to range from -11 cents to 1
cents per share.
    * Revenue rose 18.2% to $64.41 million from a year ago;
analysts
expected $65.92 million. 
    * Viant Technology Inc's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $626
thousand.
    * Viant Technology Inc shares had risen by 33.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Viant Technology
Inc is $12.00 
This summary was machine generated from LSEG data March 5 at
11:47 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.03          0.04           Beat
 Sep. 30 2023      -0.06          -0.03          Beat
 Jun. 30 2023      -0.11          -0.07          Beat
 Mar. 31 2023      -0.19          -0.17          Beat