Viant Technology Inc (DSP) Q3 2024 Earnings Call Highlights: Record Growth and Strategic ...

GuruFocus.com11-13

Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Viant Technology Inc (NASDAQ:DSP) achieved a new...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nViant Technology Inc (DSP) Q3 2024 Earnings Call Highlights: Record Growth and Strategic ...\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/viant-technology-inc-dsp-q3-130034598.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Release Date: November 12, 2024\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.\n Positive Points \n\nViant Technology Inc (NASDAQ:DSP) achieved a new...</p>\n\n<a href=\"https://finance.yahoo.com/news/viant-technology-inc-dsp-q3-130034598.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ON","symbol_name":"安森美半导体","start_time":0,"source_url":"https://finance.yahoo.com/news/viant-technology-inc-dsp-q3-130034598.html","article_id":"2483002715","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Oo3wCxw5ZTLDagQ9WerBqg--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/0080b3fd88030082d1bd04106e3f9de4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483002715","pubTimestamp":1731502834,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"For the complete transcript of the earnings call, please refer to the full earnings call transcript.Viant Technology Inc  achieved a new quarterly record for platform spend, with revenue and contribution ex-TAC growing 34% and 21% year-over-year, respectively.The company delivered record Q3 adjusted EBITDA of $14.7 million, marking the seventh consecutive quarter of adjusted EBITDA growth over 40%.Viant Technology Inc  announced the acquisition of Iris TV, enhancing their CTV targeting and measurement capabilities.The rollout of Vianai AI is generating significant interest, with over 500 early access sign-ups and positive feedback from customers.CTV spend on the platform grew nearly 50% year-over-year, representing a significant portion of the company's growth strategy.The integration of Iris TV may add overhead costs, potentially impacting expense management in the short term.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ON":"安森美半导体","DSP":"Viant Technology Inc."},"translate_title":"Viant Technology Inc(DSP)2024年第三季度收益看涨期权亮点：创纪录的增长和战略……","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DSP":1,"ON":1},"content_text":"Release Date: November 12, 2024\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.\n Positive Points \n\nViant Technology Inc (NASDAQ:DSP) achieved a new quarterly record for platform spend, with revenue and contribution ex-TAC growing 34% and 21% year-over-year, respectively.\nThe company delivered record Q3 adjusted EBITDA of $14.7 million, marking the seventh consecutive quarter of adjusted EBITDA growth over 40%.\nViant Technology Inc (NASDAQ:DSP) announced the acquisition of Iris TV, enhancing their CTV targeting and measurement capabilities.\nThe rollout of Vianai AI is generating significant interest, with over 500 early access sign-ups and positive feedback from customers.\nCTV spend on the platform grew nearly 50% year-over-year, representing a significant portion of the company's growth strategy.\n\n Negative Points \n\nThe company's fixed price business model results in a high percentage of revenue being accounted as a contra account, raising concerns about margin sustainability.\nDespite strong growth, the company faces challenges in maintaining its growth rate as the broader digital advertising market is expected to decelerate.\nPolitical ad spending, while slightly exceeding expectations, remains a modest contributor to overall revenue.\nThe integration of Iris TV may add overhead costs, potentially impacting expense management in the short term.\nViant Technology Inc (NASDAQ:DSP) needs to enhance its go-to-market strategy to effectively tap into the long tail of advertisers and expand its customer base.\n\n Q & A Highlights \n\nWarning! GuruFocus has detected 5 Warning Sign with DSP.\n\nQ: Can you explain the discrepancy between the 34% growth in gross spend and the 21% growth in contribution ex-TAC? Why are we in a business where we give away a large portion of the top line? A: Larry Madden, CFO: It's not 95% as suggested. The discrepancy is due to a handful of new customers for whom we provided services, requiring gross accounting. This is a positive sign as it indicates new customers spending heavily. Tim Vanderhook, CEO: We onboard customers with fixed pricing to shorten the sales cycle, then move to a percentage of spend model.\nQ: What are the main growth drivers for Viant Technology? Is it Vianai AI, existing client spend, new clients, or direct access? A: Chris Vanderhook, COO: The growth is primarily driven by existing customers scaling their spend, especially in CTV. Direct access is a significant factor, as it is centered on CTV. New customer acquisition is also strong, partly due to the attention around Vianai AI.\nQ: How does the acquisition of Iris TV help create an alternative to walled gardens, and is there interoperability between Iris ID and Household ID? A: Chris Vanderhook, COO: Iris TV provides contextual relevance to ads, similar to platforms like Meta. It allows for more targeted advertising by matching ads to content. Tim Vanderhook, CEO: Iris ID provides data about content, while Household ID provides data about the household. They can be used together for enhanced targeting.\nQ: Can the contextual signal from Iris TV enhance your AI bidding capabilities? A: Chris Vanderhook, COO: Yes, Iris TV provides detailed data about content, enabling better targeting and bidding. This allows marketers to bid up on high-performing content, benefiting both content owners and marketers.\nQ: How does Vianai AI unlock the long tail of advertisers, and do you have the go-to-market muscle to service these advertisers? A: Chris Vanderhook, COO: Vianai AI makes the open ecosystem more accessible, targeting ecommerce and direct-to-consumer companies. We aim to automate the process rather than rely on a large sales force. Tim Vanderhook, CEO: The Vianai AI interface will enable small businesses to effectively target ad campaigns.\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483002715"}