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

Viant Technology

13/08/2024 02:25

* Viant Technology Inc  DSP.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in June, higher than
the same quarter last year, when the company reported EPS of -7
cents.  The mean expectation of six analysts for the quarter was
for earnings of one cent per share. Wall Street expected
results to range from -1 cents to 3 cents per share.
    * Revenue rose 15.1% to $65.87 million from a year ago;
analysts
expected $65.09 million. 
    * Viant Technology Inc's reported EPS for the quarter was
breakeven results​.
    * The company reported quarterly net income of $1.49
million.
    * Viant Technology Inc shares had fallen by 0.2% this
quarter and
gained 43.0% so far this year.

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 August 13 at
01:25 a.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
 Jun. 30 2024      0.01           0.00           Missed
 Mar. 31 2024      -0.07          -0.06          Beat
 Dec. 31 2023      -0.03          0.04           Beat
 Sep. 30 2023      -0.06          -0.03          Beat