Viant Technology Inc reports results for the quarter ended September 30 - Earnings Summary

• Viant Technology Inc reported quarterly breakeven results​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of ten analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 2 cents to 8 cents per share.

• Revenue rose 29% to $110.43 million from a year ago; analysts expected $109.29 million.

• Viant Technology Inc's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $67 thousand.

• Viant Technology Inc shares had risen by 4.3% this quarter and gained 6.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 29.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Viant Technology Inc is $19.00, about 32.4% above its last closing price of $12.85

This summary was machine generated from LSEG data November 9 at 10:41 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)