Viant Technology Shares Drop After 4Q Earnings Miss

Dow Jones

Mar 04, 2025

By Chris Wack

Viant Technology shares were down 25%, to $14.85, after the company reported fourth-quarter earnings that missed analysts' expectations.

The packaged-software company reported quarterly earnings of $1.7 million, or 10 cents a share, compared with $626,000, or four cents a share, in the same quarter last year. Analysts polled by FactSet were looking for earnings of $1.9 million, or 14 cents a share.

Adjusted earnings were 15 cents a share, compared with the 21 cents a share analysts were expecting.

Revenue for the quarter was $90.1 million, compared with last year's $64.4 million and the $83.9 million analysts were expecting.

For the first quarter, the company is looking for revenue of $65 million to $68 million, compared with the $66.4 million analysts are forecasting. Viant also is expecting contribution ex-TAC of $40.5 million to $42.5 million, with analysts forecasting $41.6 million.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

March 04, 2025 10:25 ET (15:25 GMT)

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