Exhibit 99.1 Viant Technology Announces First Quarter 2024 Financial Results; Board of Directors Authorizes $50 Million Stock Repurchase Program IRVINE, Calif., Apr. 30, 2024 – Viant Technology Inc. (Nasdaq: DSP), a leading advertising technology company, today reported financial results for its first quarter ended March 31, 2024. "We had a strong start to the year as the momentum we saw in the second half of 2023 continued through the first quarter," said Tim Vanderhook, Co-Founder and CEO, Viant. "Our per ...

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The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Viant Technology (DSP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Viant Technology is a member of the Business Services sector. This group includes 314 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Secto ...

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Financial Data and Key Metrics - Revenue for Q4 2023 grew 18% YoY to $64 4 million, while contribution ex-TAC grew 28% YoY to $42 6 million [14][58] - Adjusted EBITDA for Q4 2023 increased nearly 400% YoY, with adjusted EBITDA margin reaching 31% [14][107] - Full-year 2023 revenue totaled $222 9 million, up 13% YoY, with contribution ex-TAC at $143 4 million, up 15% YoY [54] - Non-GAAP operating expenses for 2023 decreased by over 13% YoY to $114 3 million, while adjusted EBITDA increased by $35 2 million YoY to $29 1 million [54][79] - The company achieved the Rule of 40 in Q4 2023, with contribution ex-TAC growth of 28% and adjusted EBITDA margins of 31% [92] Business Line Data and Key Metrics - Connected TV (CTV) represented nearly 40% of total ad spend on the platform in Q4 2023, making it the largest channel [38][104] - Over 40% of CTV spend in Q4 2023 was through the Direct Access program, up from over 25% in Q3 2023 [21] - Video formats, including mobile video and CTV, accounted for nearly 60% of total platform spend in Q4 2023 [61] - Streaming audio also showed strong growth, representing nearly 10% of overall spend in Q4 2023 [104] - The Viant Data platform saw early adoption, with 7 out of the top 10 customers using it in 2023 [49] Market Data and Key Metrics - The company is seeing strong momentum in retail, consumer goods, healthcare, travel, and public services verticals [82] - The mid-market segment continues to drive growth, with customers scaling their advertising budgets on the platform [56][80] - The number of percentage spend customers generating at least $500,000 of contribution ex-TAC increased by over 30% YoY in 2023 [60] - Contribution ex-TAC across the top 100 customers grew by over 20% YoY in 2023 [63] Company Strategy and Industry Competition - The company is focused on integrating AI and machine learning into its platform to improve customer experience and drive efficiency [26][27] - Viant's Household ID technology is a key differentiator, with over 90% of CTV ad spend on the platform utilizing it [18][101] - The company is prioritizing larger mid-market customers with significant long-term value over smaller, lower-spending customers [84][85] - Viant is one of only two buy-side-only demand-side platforms in the market, providing a competitive advantage [37][111] - The company is leveraging its Direct Access program to partner with major CTV content owners, offering better pricing and addressability for customers [41][42] Management Commentary on Operating Environment and Future Outlook - Management highlighted the accelerating momentum across the business, driven by the strategic role in the programmatic ad ecosystem [15] - The company expects continued growth in 2024, with Q1 revenue guidance of $49 million to $52 million, representing 21% YoY growth at the midpoint [89] - Adjusted EBITDA for Q1 2024 is expected to be in the range of $2 million to $3 million, a YoY increase of $2 9 million at the midpoint [90] - Management is optimistic about the opportunities in CTV, especially as cookie deprecation drives marketers to re-platform their budgets [6][7] - The company is focused on sustainability, achieving carbon-neutral status in 2023 and launching the Adtricity program to help customers quantify their carbon footprint [24][44] Other Important Information - The company's AI Bid Optimizer product has seen strong adoption, helping customers achieve 35% average savings on CPMs [47] - Viant's AI product suite won the 2024 Innovation Award from the Business Intelligence Group [23] - The company plans to launch the second generation of AI Bid Optimizer in summer 2024, expected to deliver even higher savings [28] - Viant's Household ID technology has lower instances of fraud, higher accuracy, and superior measurement capabilities compared to cookie-based solutions [40][101] Q&A Session Summary Question: How does Viant's Household ID compare to Google's Privacy Sandbox and Trade Desk's UID 2 0? - Viant's Household ID is not limited to the Chrome ecosystem and ties both e-commerce and in-store transactions, offering broader measurement capabilities [99][100] - Over 90% of CTV ad spend on Viant's platform utilizes Household ID, providing significant scale compared to other solutions [101] Question: What is the impact of Direct Access on CPMs? - Direct Access allows marketers to achieve lower CPMs while publishers see higher CPMs, with CTV CPMs increasing by up to 20% [121][122] Question: How is Viant positioned to sustain 20% revenue growth in 2024? - The company is confident in its ability to grow faster than the market, driven by its strong customer pipeline and focus on mid-market customers [148][166] Question: What are the expectations for the second generation of AI Bid Optimizer? - The second generation aims to deliver even higher cost savings for customers and improve automation features, with a focus on customer happiness [154][174] Question: How far can Direct Access grow in CTV? - Direct Access could potentially reach over 80% of CTV spend, driven by customer preference for direct integrations [176][180] Question: What has been the impact of cookie deprecation so far? - The company has seen a mindset shift among marketers, with increased activity and decision-making as cookie deprecation becomes a reality [144][181]

Viant Technology (DSP) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.27%. A quarter ago, it was expected that this advertising software company would post earnings of $0.07 per share when it actually produced earnings of $0.08, delivering a surprise of 14.29%.Over the last four quart ...

Exhibit 99.1 Viant Technology Announces Fourth Quarter and Full Year 2023 Financial Results IRVINE, Calif., Mar. 4, 2024 – Viant Technology Inc. (Nasdaq: DSP), a leading people-based advertising technology company, today reported financial results for its fourth quarter and full year ended December 31, 2023. "Our strong fourth quarter results capped off a year of accelerating growth and innovation at Viant," said Tim Vanderhook, Co- Founder and CEO, Viant. "With the impending deprecation of cookies, I belie ...

FISCAL YEAR 2023 ANNUAL FINANCIAL REPORT UNITED STATES ________________________________________________ SECURITIES AND EXCHANGE COMMISSION Commission File Number: 001-40015 __________________________________________________________________________ Viant Technology Inc. (Exact name of registrant as specified in its charter) _____________________________________________________________________________ (State or other jurisdiction of incorporation or organization) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d ...

IRVINE, Calif.--(BUSINESS WIRE)--Viant Technology Inc. (NASDAQ: DSP), the leading people-based advertising technology company, today released its first Sustainability Report for the calendar year 2023. The Viant Sustainability Report recaps Viant’s efforts to decarbonize digital advertising last year, fostering better measurement, improved efficiency and facilitating investment in renewable energy. Viant also achieved a significant milestone by attaining carbon neutrality for the calendar year 2023. Vian ...