Viant Technology (DSP) Set to Announce Quarterly Earnings on Tuesday

Viant Technology (NASDAQ:DSP) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 30th. Viant Technology has set its Q1 2024 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Viant Technology (NASDAQ:DSP) last posted its quarterly earnings data on Monday, March 4th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.08). The company had revenue of $42.60 million for the quarter, compared to analyst estimates of $42.10 million. Viant Technology had a negative net margin of 1.54% and a negative return on equity of 5.84%. On average, analysts expect Viant Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Viant Technology Stock Up 0.4 %

Shares of Viant Technology stock opened at $8.33 on Friday. The firm has a market capitalization of $523.37 million, a P/E ratio of -36.22 and a beta of 0.63. Viant Technology has a 52 week low of $3.75 and a 52 week high of $11.63. The company has a 50 day moving average price of $9.58 and a 200 day moving average price of $7.74.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Craig Hallum lifted their price objective on shares of Viant Technology from $8.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, March 5th. Canaccord Genuity Group lifted their price target on Viant Technology from $8.00 to $10.00 and gave the stock a “hold” rating in a research report on Tuesday, March 5th. Raymond James increased their price objective on Viant Technology from $7.00 to $10.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. UBS Group raised their price objective on Viant Technology from $8.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday, March 5th. Finally, Needham & Company LLC upped their target price on Viant Technology from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, March 5th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $10.83.

Viant Technology Company Profile

Viant Technology Inc operates as an advertising technology company. It provides Household ID, a people-based innovation that combines digital and personal identifiers into a normalized household profile; AI Bid Optimizer, solution that uses AI to analyze historical bid opportunities to predict the lowest media cost for desired advertisement; and Viant Data Platform, which offers marketers control over their own data with actionable insights into their marketing initiatives within a single platform.