Viant Technology (DSP) Scheduled to Post Earnings on Tuesday

Viant Technology (NASDAQ:DSP) is set to release its earnings data 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 posted its quarterly earnings data on Monday, August 12th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.10). The company had revenue of $41.56 million for the quarter, compared to analysts’ expectations 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 Stock Performance

DSP traded up $0.11 during trading on Tuesday, reaching $12.06. The stock had a trading volume of 35,141 shares, compared to its average volume of 119,703. The business has a 50-day moving average of $11.07 and a 200-day moving average of $10.27. Viant Technology has a one year low of $5.35 and a one year high of $12.36. The stock has a market cap of $762.19 million, a PE ratio of -240.40 and a beta of 0.72.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and set a $12.00 price objective on shares of Viant Technology in a report on Tuesday, August 13th. Canaccord Genuity Group boosted their price objective on shares of Viant Technology from $11.00 to $13.00 and gave the stock a “hold” rating in a report on Friday, October 18th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Viant Technology presently has an average rating of “Moderate Buy” and an average price target of $12.20.

Insider Activity

In other news, CFO Larry Madden sold 2,768 shares of the stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $11.23, for a total transaction of $31,084.64. Following the completion of the sale, the chief financial officer now owns 529,848 shares of the company’s stock, valued at approximately $5,950,193.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 10,419 shares of company stock valued at $116,647. Insiders own 28.80% of the company’s stock.

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.