NASDAQ$DSP
Viant Technology Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Viant's third quarter results exceeded expectations, driven by the power of its people-based advertising platform.
Viant Technology Inc. announced financial results for its third quarter ended September 30, 2021. Revenue was $50.9 million, an increase of 26% year-over-year. Non-GAAP Net Income was $3.1 million, or $0.04 per diluted share. The company is raising its guidance for the year.
- Revenue increased by 26% year-over-year, reaching $50.9 million.
- Gross Profit increased by 9% year-over-year, totaling $21.9 million.
- Total Active Customers grew to 305, a sequential increase of 17 from the previous quarter.
- Platform Spend from Connected TV grew 43% year-over-year.
Headline financials
Revenue & EPS history
Viant · Revenue · Quarterly
$50.9M
Revenue by segment
Viant · $13.2M total across 1 segment · Q2 2021
- Connected TV$13.2M+105.3%100.0%
Forward guidance
For the fourth quarter of 2021, the Company expects: Revenue in the range of $71 million to $74 million, Contribution ex-TAC in the range of $47.5 million to $50 million, Adjusted EBITDA in the range of $13.5 million to $14.5 million.
Tailwinds
- Revenue is expected to be in the range of $71 million to $74 million, representing year-over-year growth of approximately 26% to 31%.
- Contribution ex-TAC is expected to be in the range of $47.5 million to $50 million, representing year-over-year growth of approximately 21% to 28%.
- Adjusted EBITDA is expected to be in the range of $13.5 million to $14.5 million.
- Adjusted EBITDA as a percentage of Contribution ex-TAC is expected to be 28% to 29%.
- Full year 2021 revenue is expected to be in the range of $212.4 million to $215.4 million, representing year-over-year growth of approximately 29% to 30%.
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 Q3 2021
-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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