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Viant Reports Revenue Boost
['Kevin Costelloe', 'Tech Reporter At Orange County Business Journal']
Orange County Business Journal
Digital ad company Viant Technology posted a 34% increase in revenue for the second quarter to $104.3 million, above analysts’ estimates of $100.1 million, while reporting a net loss of $1.8 million.
The company said it expects revenue for the current quarter in the range from $107.5 million to $110.5 million.
The company’s shares dipped 0.6% to $14.01 apiece in after-hours trading following an intraday market cap of $925 million.
For further details, see the Aug. 17 print edition.