NASDAQ$DSP
Viant Technology Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Viant's first quarter results for 2022 were announced, showing revenue increase and growth in advertiser spend.
Viant Technology Inc. reported a 6% increase in revenue to $42.6 million for Q1 2022. Advertiser spend on the platform grew by 44%. The company reiterates its full year 2022 revenue guidance of $260.0 million to $270.0 million.
- Revenue increased by 6% to $42.6 million.
- Gross profit increased by 4% to $16.4 million.
- Advertiser spend across the Adelphic platform grew 44%.
- Active customers increased to 327, a 23% year-over-year increase.
Headline financials
Revenue & EPS history
Viant · Revenue · Quarterly
$42.6M
Revenue by segment
Viant · $13.2M total across 1 segment · Q2 2021
- Connected TV$13.2M+105.3%100.0%
Forward guidance
For the second quarter 2022, the Company expects revenue in the range of $52.5 million to $55.0 million, representing year-over-year growth of approximately 4% to 9% and Adjusted EBITDA in the range of negative $(5.0) million to $(3.0) million. For the full year 2022, the Company is reiterating its previously issued guidance and expects revenue in the range of $260.0 million to $270.0 million, representing year-over-year growth of approximately 16% to 20% and Adjusted EBITDA in the range of $25.0 million to $35.0 million, reflecting continuing investments in Viant’s growth initiatives
Tailwinds
- Revenue is expected to grow 4% to 9% year-over-year in Q2 2022.
- Full year revenue is projected to grow 16% to 20% year-over-year.
- The company is focused on investing in its business to drive long term growth.
- Company expects revenue between $52.5 million and $55.0 million for Q2 2022
- Company reiterates full year 2022 revenue guidance of $260 million to $270 million
Headwinds
- Adjusted EBITDA is expected to be negative $(5.0) million to $(3.0) million in Q2 2022.
- Net loss was $13.6 million, or $(0.23) per diluted share of Class A common stock
- Non-GAAP net income (loss) was $(6.8) million, or $(0.09) per diluted share of Class A common stock
- Adjusted EBITDA was $(3.9) million
- Company expects Adjusted EBITDA between negative $(5.0) million and $(3.0) million for Q2 2022
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-0.2%
Avg return
Earnings day
-1.5%
Avg return
5 days after
-0.4%
Avg return
30 days after
40%
10 / 25 earnings
Positive
+26.7%
Q2 2023
Best reaction
-28.5%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -12.4% | -12.2% | -3.8% | |
| Q4 2025 | +14.3% | +6.0% | -14.3% | |
| Q3 2025 | +19.9% | +18.4% | +34.0% | |
| Q1 2025 | -12.1% | +0.1% | -2.4% | |
| Q4 2024 | -28.5% | -25.7% | -35.9% | |
| Q3 2024 | +20.9% | +19.0% | +54.0% | |
| Q2 2024 | -3.2% | +4.5% | +3.9% | |
| Q1 2024 | -3.8% | -0.6% | +12.4% | |
| Q4 2023 | +7.9% | +11.8% | +22.4% | |
| Q3 2023 | +13.6% | +4.0% | +25.5% | |
| Q2 2023 | +26.7% | +29.2% | +47.3% | |
| Q1 2023 | +7.3% | +8.7% | +3.5% | |
| Q4 2022 | +20.9% | +13.0% | +10.7% | |
| Q3 2022 | -5.6% | -11.8% | -30.0% | |
| Q2 2022 | -5.0% | -5.7% | -16.8% | |
| Q1 2022 | -7.0% | -8.7% | +2.0% | |
| Q4 2021 | -12.4% | -18.0% | -12.2% | |
| Q4 2019 | -12.4% | -18.0% | -12.2% | |
| Q3 2020 | -9.0% | +2.5% | -25.3% | |
| Q3 2021 | -5.6% | +1.2% | -19.8% | |
| Q2 2020 | -18.8% | -19.5% | -24.3% | |
| Q2 2021 | -7.5% | -14.4% | -20.1% | |
| Q1 2020 | +10.9% | +1.8% | +21.3% | |
| Q1 2021 | +0.3% | -8.3% | +7.0% | |
| Q4 2020 | -5.4% | -14.0% | -37.6% | |
| Q3 2019 | — | — | — |
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