Overview
Viant Q3 revenue slightly beats analyst expectations, growing 7% yr/yr
Adjusted net income for Q3 beats estimates, reflecting strong performance
Company signed multi-year partnership with Molson Coors for programmatic ad campaigns
Outlook
Company expects Q4 2025 revenue between $101.5 mln and $104.5 mln
Viant projects Q4 contribution ex-TAC between $62 mln and $64 mln
Company anticipates Q4 adjusted EBITDA margin of 37%
Result Drivers
CTV AD SPEND - Record CTV ad spend accounted for 46% of total ad spend, driving revenue growth
BRAND PARTNERSHIPS - New partnerships, including with Molson Coors, contributed to growth
ADDRESSABILITY SOLUTIONS - Adoption of Household ID and IRIS_ID supported revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Beat* | $85.58 mln | $85.52 mln (10 Analysts) |
Q3 Adjusted Net Income | Beat | $11.21 mln | $1.90 mln (9 Analysts) |
Q3 Operating Income | $4.23 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Viant Technology Inc is $18.00, about 52.2% above its November 7 closing price of $8.60
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 62 three months ago
Press Release: ID:nBw5QSsnza
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)