NASDAQ$DSP

Viant Technology Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Viant Technology achieved record Q4 2024 revenue and profitability, driven by strong advertiser demand and AI-powered solutions.

Viant Technology posted Q4 2024 revenue of $90.1 million, up 40% year-over-year, with net income rising 133% to $7.7 million. Adjusted EBITDA grew 31% to $17.1 million. The company benefited from record advertiser spending, growth in connected TV (CTV) advertising, and the adoption of its AI-driven ViantAI platform. Viant also completed the acquisition of Lockr to enhance first-party data capabilities.

  • Q4 revenue grew 40% YoY to $90.1 million.
  • Net income increased 133% to $7.7 million.
  • Adjusted EBITDA rose 31% to $17.1 million.
  • Record advertiser spend on Viant’s platform, with strong growth in CTV advertising.

Headline financials

Total Revenue

$90.1M

Previous: $64.4M+39.8%
EPS (adj)

$0.17

Previous: $0.14+21.4%
Adjusted EBITDA

$17.1M

Previous: $13M+31.4%
Contribution ex-TAC

$54.4M

Previous: $42.6M+27.6%
Capital Expenditures

-$4.32M

Previous: -$3.82M-13.3%
Net Income

$7.72M

Previous: $3.31M+133.4%
Operating Income

$5.9M

Previous: $882K+569.3%
Gross Profit

$42.5M

Previous: $31.8M+33.8%
R&D Expense

$6.61M

Previous: $6.14M+7.6%

Revenue & EPS history

Viant · Revenue · Quarterly

$90.1M

Q4 2024+39.8%vs Q4 2023
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

Viant · $13.2M total across 1 segment · Q2 2021

  • Connected TV
    $13.2M+105.3%

Forward guidance

Viant Technology expects continued strong growth in 2025, supported by AI-driven innovations, increased advertiser adoption, and expansion in CTV and programmatic advertising.

Tailwinds

  • Revenue expected to reach $65M-$68M in Q1 2025.
  • Continued investment in AI-driven ViantAI to enhance advertiser performance.
  • Expansion of first-party data capabilities through Lockr acquisition.
  • Growth in programmatic advertising and connected TV spending.
  • Strong balance sheet with $205M in cash and no outstanding debt.

Headwinds

  • Potential macroeconomic headwinds impacting digital ad spending.
  • Increased competition in the programmatic advertising space.
  • Higher operating expenses due to strategic investments in AI and data infrastructure.
  • Ongoing industry challenges related to data privacy regulations.
  • Uncertainty in advertiser demand trends due to shifting market dynamics.

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 Q4 2024

Historical avgQ4 2024

-0.2%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-0.3%

Avg return

30 days after

40%

10 / 25 earnings

Positive

+26.7%

Q2 2023

Best reaction

-28.5%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-12.4%-12.2%
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 2019-12.4%-18.0%-12.2%
Q4 2021-12.4%-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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