Viant Technology (NASDAQ:DSP) Posts Earnings Results, Beats Estimates By $0.08 EPS

Viant Technology (NASDAQ:DSP) issued its earnings results on Monday. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.05 by $0.08, FiscalAI reports. The company had revenue of $110.43 million during the quarter, compared to the consensus estimate of $66.16 million. Viant Technology had a return on equity of 4.23% and a net margin of 2.24%.

Here are the key takeaways from Viant Technology’s conference call:

• Viant reported record third-quarter results, with revenue up 29% to $110.4 million, contribution ex-TAC up 27%, and adjusted EBITDA up 24%; management said growth was primarily organic and accelerated for a third consecutive quarter.
• CTV remained a major growth driver: advertiser spend rose nearly 40% year over year and exceeded half of platform spend, while IRIS-enabled ad spend grew 41%. Management also highlighted rising use of its performance product Outcomes, including adoption by all of its top 10 advertisers.
• Management forecast Q4 contribution ex-TAC growth of 26% and adjusted EBITDA growth of 27%; for 2027, it expects 20% or more annual contribution ex-TAC growth and meaningful margin expansion, supported by existing customers and potential enterprise wins.
• Viant closed its $20 million acquisition of Waymark, whose generative-AI tools produce CTV ads. The company sees potential to pair creative generation with its targeting and measurement capabilities, but expects Waymark’s Q4 contribution to be immaterial and its standalone 2027 revenue contribution to remain modest.
• Viant ended the quarter with $183.2 million in cash and no debt, and nine-month free cash flow rose 238% year over year to $20.8 million. The board also authorized an additional $50 million for share repurchases, leaving $70.8 million available under the program.

Viant Technology Stock Up 9.3%

DSP stock opened at $14.04 on Tuesday. Viant Technology has a twelve month low of $8.56 and a twelve month high of $14.80. The stock’s 50 day moving average is $12.86 and its 200-day moving average is $11.80. The firm has a market capitalization of $933.24 million, a PE ratio of 45.29 and a beta of 1.16.

Insider Activity

In other news, CFO Larry Madden sold 20,711 shares of the company’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $13.14, for a total value of $272,142.54. Following the completion of the sale, the chief financial officer owned 322,000 shares in the company, valued at $4,231,080. This represents a 6.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,355 shares of company stock worth $662,193 over the last 90 days. 29.43% of the stock is owned by insiders.

Analyst Ratings Changes

DSP has been the topic of a number of research reports. Citizens Jmp upped their target price on Viant Technology from $16.00 to $17.00 and gave the stock a “market outperform” rating in a research report on Tuesday, August 11th. Citigroup restated a “market outperform” rating on shares of Viant Technology in a research note on Tuesday, August 11th. Rosenblatt Securities upped their price objective on shares of Viant Technology from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Wall Street Zen downgraded shares of Viant Technology from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Finally, Weiss Ratings raised shares of Viant Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Viant Technology presently has a consensus rating of “Buy” and a consensus target price of $18.33.

More Viant Technology News

Here are the key news stories impacting Viant Technology this week:

• Positive Sentiment: Viant reported Q3 revenue of $110.4 million, well above the $66.16 million estimate cited by MarketBeat. Earnings were $0.13 per share, beating the $0.05 estimate cited there. The revenue and EPS beats likely supported the stock. Viant Technology Announces Third Quarter 2026 Financial Results
• Negative Sentiment: There was a less favorable comparison in Zacks’ report: Q3 EPS of $0.13 missed its $0.18 consensus estimate, although it was up from $0.12 a year earlier. The mixed estimates temper the earnings-beat narrative. Viant Technology Q3 Earnings Lag Estimates
• Neutral Sentiment: Viant issued guidance for Q4 and full-year 2026, but the available article information does not include the figures, so its implications for expectations cannot be assessed here. Viant Technology Provides Earnings Guidance

Viant Technology Company Profile

Viant Technology Inc is an advertising technology company that provides software and services for planning, buying, and measuring digital advertising campaigns. Its platform enables advertisers and agencies to purchase advertising across channels such as connected television, streaming video, display, mobile, audio, and digital out-of-home media.

The company’s solutions are designed to support automated, data-driven media buying, audience targeting, campaign optimization, and performance measurement.