Group 1 - The article presents a contrarian investment stance on Viant Technology (DSP), suggesting it is undervalued despite recent market sell-offs [1] - The author employs investment strategies including GARP (Growth at a Reasonable Price), Value, and Growth, while also monitoring insider buying and stock buybacks [1] - Technical analysis tools such as Elliott Wave, EMA crossovers, and chart patterns are utilized to support the investment thesis [1]

Viant Technology (DSP) closed the last trading session at $15.08, gaining 25.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $21.13 indicates a 40.1% upside potential.The mean estimate comprises eight short-term price targets with a standard deviation of $2.80. While the lowest estimate of $18 indicates a 19.4% increase from the current price level, the most optimistic analyst e ...

Viant Technology (DSP) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Nicholas Zangler - VP, Investor RelationsTim Vanderhook - CEO, Co-Founder & ChairmanChris Vanderhook - Co-Founder, COO & DirectorLarry Madden - CFOMatthew Condon - Director Equity Research - Internet & Digital MediaChris Kuntarich - Internet Equity ResearchMauricio Munoz - Sr. Equity Research Associate - Internet, Online Advertising & Digital MediaNat Schindler - Managing Director - Equity Research Conference Call Par ...

Viant Technology (DSP) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Hello, everyone, and welcome to Viant Technologies first quarter twenty twenty five earnings conference call. My name is Emmanuel, and I will be your operator today. Before I hand the call over to the Viant leadership team, I'd like to go over a few housekeeping notes for the program. As a reminder, this call is being recorded. After the speakers' remarks, there will be a question and answer session. If you plan to ask a question ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40015 ______________________________________________________________________________________________________________________________________________________ Viant Technolog ...

Financial Performance - Revenue for Q1 2025 reached $70,642,000, representing a 32% increase year-over-year from $53,393,000[2] - Gross profit for Q1 2025 was $30,562,000, a 30% increase compared to $23,513,000 in Q1 2024[2] - Contribution ex-TAC grew by 25% year-over-year, totaling $42,729,000 in Q1 2025[2] - Adjusted EBITDA for Q1 2025 was $5,402,000, reflecting a 76% increase from $3,075,000 in Q1 2024[2] - Non-GAAP net income for Q1 2025 was $2,816,000, a 109% increase from $1,348,000 in Q1 2024[2] - Revenue for Q1 2025 was $70,642,000, a 32.3% increase from $53,393,000 in Q1 2024[33] - Gross profit for Q1 2025 was $30,562,000, up 30% from $23,513,000 in Q1 2024[33] - Contribution ex-TAC for Q1 2025 reached $42,729,000, representing a 25.3% increase from $34,121,000 in Q1 2024[33] - Adjusted EBITDA for Q1 2025 was $5,402,000, a 75.5% increase from $3,075,000 in Q1 2024[35] - Non-GAAP net income for Q1 2025 was $2,816,000, compared to $1,348,000 in Q1 2024[37] Shareholder Returns - The company repurchased 1.8 million shares year-to-date, deploying $24.9 million through its buyback program[4] - The company increased its share repurchase authorization by $50 million, demonstrating commitment to shareholder returns[1] - The company repurchased $17,025 thousand in stock related to the stock repurchase program during the three months ended March 31, 2025[21] Future Guidance - For Q2 2025, the company expects revenue in the range of $77.0 million to $80.0 million[10] - The adjusted EBITDA guidance for Q2 2025 is projected to be between $10.5 million and $11.5 million[10] Assets and Liabilities - Total current assets decreased from $362,489 thousand as of December 31, 2024, to $315,762 thousand as of March 31, 2025, representing a decline of approximately 12.9%[19] - Total assets decreased from $440,804 thousand as of December 31, 2024, to $394,515 thousand as of March 31, 2025, a reduction of about 10.5%[19] - Total current liabilities decreased from $145,451 thousand as of December 31, 2024, to $116,722 thousand as of March 31, 2025, a decrease of approximately 19.8%[19] Net Loss and Operating Expenses - Net loss for the three months ended March 31, 2025, was $3,307 thousand, compared to a net loss of $3,214 thousand for the same period in 2024, indicating a slight increase in losses[21] - Total operating expenses for Q1 2025 were $75,501,000, a 27.8% increase compared to $59,085,000 in Q1 2024[34] - Non-GAAP operating expenses for Q1 2025 were $37,327,000, up 20.2% from $31,046,000 in Q1 2024[34] - Net loss for Q1 2025 was $3,307,000, slightly higher than the net loss of $3,214,000 in Q1 2024[35] - Net loss as a percentage of gross profit improved to 11% in Q1 2025 from 14% in Q1 2024[36] Key Performance Metrics - Adjusted EBITDA is a key measure used by management to evaluate core operating performance and trends, although specific figures for adjusted EBITDA were not provided in the documents[25] - Contribution ex-TAC is a key profitability measure used by management to understand operating performance, although specific figures were not disclosed in the documents[23] - Non-GAAP earnings per share of Class A common stock is adjusted to eliminate the impact of stock-based compensation and other non-core items, aiding in the evaluation of operational performance[29] - Adjusted EBITDA as a percentage of contribution ex-TAC increased to 13% in Q1 2025 from 9% in Q1 2024[36]

Q1 2025 EARNINGS PRESENTATION May 6, 2025 1 SAFE HARBOR This presentation contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as "guidance," "believe," "expect," "estimate," "project," "plan," "will," or words or phrases with s ...

Viant Technology Inc. (NASDAQ: DSP ) 's scalable, fixed-cost-heavy structure positioned it to convert modest revenue growth into outsized profitability. Viant returned to profitability in 2024, and its strong balance sheet adds to its financial flexibility. While peer comparisons showBSc (Eng), MBA. Self-taught value investor with 2 decades of investing experience. Blogger at i4value.asia. The blog is on value investing through case studies where I analyze and value listed companies in the ASEAN and US regi ...

Financial Data and Key Metrics Changes - In Q4 2024, revenue reached $90.1 million, a 40% increase year-over-year, exceeding guidance by 6% [63] - Contribution ex-TAC for Q4 totaled $54.4 million, up 28% year-over-year, also above guidance [64] - For the full year 2024, revenue totaled $289.2 million, a 30% increase over 2023, with adjusted EBITDA rising to $44.4 million, up 53% year-over-year [60][62] Business Line Data and Key Metrics Changes - CTV ad spend increased over 40% in 2024, accounting for over 40% of total ad spend on the platform [14][68] - The number of customers generating significant levels of contribution ex-TAC increased by 42% year-over-year [65] - Direct access CTV ad spend increased nearly 70% in 2024, representing over 50% of total CTV ad spend on the platform [47] Market Data and Key Metrics Changes - CTV accounted for over 40% of ad spend on the platform, with a significant shift from linear TV to CTV expected [14][40] - The total addressable market for CTV is projected to grow from $30 billion to $90 billion as live sports transition to CTV [44] - The demand for addressability and measurable insights, especially in cookieless channels, is expected to continue growing [18] Company Strategy and Development Direction - The company is focused on enhancing its CTV targeting and measurement capabilities through acquisitions like Iris TV and Locker [52][79] - Viant AI is being rolled out in phases, with expectations to drive significant improvements in ad campaign planning and execution [26][33] - The strategy emphasizes addressing the needs of publishers and advertisers in the open Internet, particularly against the backdrop of competition from walled gardens [92] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued growth driven by CTV proliferation, leadership in addressability, and AI innovation [12][38] - The company anticipates that contribution ex-TAC will continue to outpace the broader US programmatic market, projected to grow approximately 13-14% [78] - Management highlighted the importance of strategic acquisitions in enhancing capabilities and driving long-term growth [79] Other Important Information - The company ended Q4 2024 with over $205 million in cash and cash equivalents, no debt, and a $75 million undrawn credit facility [73][74] - The acquisition of Locker is expected to accelerate the adoption of household ID and Iris ID, enhancing addressability solutions [25][106] Q&A Session Summary Question: Can you explain the logic behind the Locker acquisition? - Management explained that Locker reduces friction in integrating first-party data for publishers, allowing them to unlock multiple alternative IDs with a single integration [87][92] Question: How much revenue did Iris contribute in Q4? - Management indicated that Iris contributed about 1% of total revenue in the quarter [100] Question: What is the strategic fit of the Locker acquisition? - Management stated that Locker is primarily aimed at accelerating the adoption of household ID and Iris ID while serving as a utility for the open Internet [105][106] Question: How has the market been performing post-election? - Management noted that while there are mixed results across the industry, they experienced strong performance and do not see significant weakness in their results [116] Question: What are the expectations for scaling Viant AI in 2025? - Management highlighted that Viant AI is expected to increase wallet share and attract new customers due to its efficiency in planning and executing ad campaigns [130]

Viant Technology Inc. (NASDAQ:DSP) Q4 2024 Results Conference Call March 3, 2025 5:00 PM ET Company Participants Nick Zangler - Vice President of Investor Relations Tim Vanderhook - Co-Founder and Chief Executive Officer Chris Vanderhook - Co-Founder and Chief Operating Officer Larry Madden - Chief Financial Officer Conference Call Participants Laura Martin - Needham & Company Maria Ripps - Concord Nat Schindler - Scotiabank Jason Kreyer - Craig-Hallum Matt Condon - JMP Securities Operator Hello, everyone, ...