Viant Technology (NASDAQ:DSP) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$65.9m (up 15% from 2Q 2023).

• Net income: US$55.0k (up from US$1.06m loss in 2Q 2023).

• Profit margin: 0.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.

• EPS: US$0.003 (up from US$0.07 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Viant Technology Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 2.3% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Viant Technology's balance sheet health.

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