"Viant Technology reported a revenue of $88.5 million, significantly higher than the forecasted $50.13 million, leading to a revenue surprise of 76.62%. However, the earnings per share (EPS) of -$0.03 fell short of the forecasted -$0.02. Despite this, the stock experienced a positive aftermarket reaction, increasing by 2.16% to $12.30."
"Viant Technology showcased robust growth in the first quarter of 2026, with revenue and adjusted EBITDA significantly outpacing the previous year's performance. The company highlighted its strategic shift towards becoming an advertising intelligence company, leveraging its strengths in connected TV and proprietary data."
"Revenue: $88.5 million, up 25% year-over-year. Earnings per share: -$0.03, compared to -$0.02 forecasted. Adjusted EBITDA: $9.8 million, up 81% year-over-year. Non-GAAP net income: $5.6 million, nearly doubling from $2.8 million in Q1 2025."
"Connected TV (CTV) remains a strong growth driver, contributing over 50% of total platform spend. Viant continues to invest in innovation with a focus on AI-powered solutions."
Viant Technology reported first-quarter 2026 results with revenue of $88.5 million, up 25% year over year, and adjusted EBITDA of $9.8 million, up 81% year over year. Earnings per share were -$0.03 versus a -$0.02 forecast, while non-GAAP net income was $5.6 million, nearly doubling from $2.8 million in the prior-year quarter. Revenue exceeded the forecast of $50.13 million, producing a 76.62% revenue surprise. Connected TV remained a major growth driver, contributing over 50% of total platform spend. The stock rose 2.16% in aftermarket trading to $12.30, reflecting investor optimism alongside continued investment in AI-powered solutions.
#viant-technology #q1-2026-earnings #connected-tv-ctv #adjusted-ebitda #ai-powered-advertising-intelligence
Read at Investing.com Australia
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