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

Viant Technology (NASDAQ:DSP) will post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Viant Technology to post earnings of $0.14 per share for the quarter. Viant Technology has set its Q3 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Viant Technology (NASDAQ:DSP) last issued its earnings results on Monday, August 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.10). The business had revenue of $41.56 million during the quarter, compared to the consensus estimate of $41.10 million. Viant Technology had a negative net margin of 0.33% and a negative return on equity of 7.39%. 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 Price Performance

DSP opened at $12.97 on Friday. The firm has a 50 day simple moving average of $11.22 and a 200 day simple moving average of $10.36. Viant Technology has a fifty-two week low of $5.36 and a fifty-two week high of $13.04.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Canaccord Genuity Group increased their price target on Viant Technology from $11.00 to $13.00 and gave the company a “hold” rating in a research note on Friday, October 18th. Needham & Company LLC reissued a “buy” rating and issued a $12.00 target price on shares of Viant Technology in a research note on Tuesday, August 13th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.20.

Insider Transactions at Viant Technology

In related news, CFO Larry Madden sold 3,084 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $11.05, for a total transaction of $34,078.20. Following the sale, the chief financial officer now owns 538,434 shares in the company, valued at approximately $5,949,695.70. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold 10,419 shares of company stock valued at $116,647 in the last ninety days. 28.80% of the stock is currently owned by corporate insiders.

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.