Viant Technology, Inc. ( (DSP) ) has released its Q1 earnings. Here is a breakdown of the information Viant Technology, Inc. presented to its investors.
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Viant Technology, Inc. is a prominent player in the digital advertising sector, specializing in AI-driven programmatic advertising solutions, with a focus on connected TV (CTV) and other digital channels. In its first quarter of 2025, Viant Technology reported a significant revenue increase of 32% year-over-year, alongside a 30% rise in gross profit. The company also achieved a notable 76% growth in adjusted EBITDA, reflecting its strategic focus on expanding digital channels and innovative solutions like ViantAI. Key financial metrics highlighted include a 25% growth in contribution ex-TAC and a record high of CTV accounting for over 45% of total advertiser spend. Additionally, Viant expanded its share repurchase program by $50 million, demonstrating its commitment to shareholder returns. Looking ahead, Viant Technology anticipates continued growth, with projected revenue between $77 million and $80 million for the second quarter of 2025, supported by its strategic initiatives and robust market positioning.