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Viant Technology Inc. - DSP STOCK NEWS

Welcome to our dedicated page for Viant Technology news (Ticker: DSP), a resource for investors and traders seeking the latest updates and insights on Viant Technology stock.

Viant Technology Inc. (Class A Common Stock, symbol: DSP) is a premier advertising technology company, specializing in enabling marketers to plan, execute, and measure their digital media investments through a cutting-edge, cloud-based platform. Founded in 1999, Viant has built its business on a foundation of people-based data, eschewing traditional cookie-based tracking. This approach provides marketers with access to over 1.2 billion registered users, making it one of the largest databases of registered users in the world.

Core Business: Viant's primary offering is the Viant Advertising Cloud™, which enhances the accuracy, reach, and accountability of cross-device advertising. The platform supports programmatic purchasing across various channels including desktop, mobile, connected TV, linear TV, streaming audio, and digital billboards. The company also owns and operates Adelphic, a leading self-service platform for cross-channel programmatic advertising, and the once-popular social network MySpace.

Recent Achievements and Partnerships: In 2016, Viant became a subsidiary of Time Inc., before being acquired by Meredith Corporation in 2018. This acquisition allowed Viant to be part of a broader cross-channel ecosystem, enhancing its reach to nearly 200 million unduplicated American consumers.

Current Projects and Financial Condition: Viant continues to innovate in the digital advertising space, focusing on enhancing its platform’s capabilities and expanding its client base. The company's financial health remains robust, supported by its strategic partnerships and a growing market for digital advertising solutions.

Significance in the Market: With a unique approach to people-based marketing and a robust technological platform, Viant plays a significant role in the advertising industry. Its ability to offer precise targeting and measurement across various digital channels makes it a valuable partner for marketers aiming to optimize their media investments.

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Viant Technology Inc. (DSP) to release Q4 and full year 2023 financial results on March 4, 2024. Conference call and webcast scheduled to discuss business and financial performance.
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Viant Technology Inc. (NASDAQ: DSP) has enhanced its Viant Data Platform with new AI-based tools and services, providing advertisers with privacy-centric and reliable signals. The company aims to address the challenges of diminishing digital identifiers, offering solutions to analyze campaign performance and improve Return on Ad Spend (ROAS). ESB Advertising, a partner of Viant, saw a 40% increase in ROAS through the use of Viant's Data Platform. The AI technology strengthens Viant's DSP with Data Platform, allowing programmatic advertisers to process data and generate insights.
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Viant Technology Inc. (NASDAQ: DSP) announces a new integration with PurpleLab™, a healthcare analytics company, to create an advanced measurement solution for healthcare marketers. The integration promises to provide access to closed-loop, de-identified measurement and reporting in a single platform, empowering healthcare brands and advertisers. Viant will leverage PurpleLab's extensive claims database, HealthNexus, and expertise in evaluating provider performance, along with Viant’s cookieless Household ID, to offer advanced healthcare analytics. The partnership aims to enable healthcare marketers to optimize campaigns, gain valuable insights for prescription optimization, healthcare providers, and physician-level data, and drive better patient outcomes in the healthcare industry.
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Viant Technology Inc. (NASDAQ: DSP) will have members of its management team present at the 26th Annual Needham Growth Conference on January 18, 2024, at 3:45 pm ET. The presentation will be webcast live on the investor relations section of Viant’s website with a replay available afterward.
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Viant Technology Inc. (DSP) Wins BIG Innovation Award for Best Internet & Technology. Viant's AI Product Suite recognized for simplifying programmatic trading and advancing Autonomous Advertising. CEO Tim Vanderhook emphasizes the promise of Autonomous Advertising and the ease-of-use characteristic of paid search and social media brought to programmatic advertising. Viant's AI suite includes Viant Chat, Chat with Data, AI Bid Optimizer, and AI Recommendations.
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Viant Technology Inc. (NASDAQ: DSP) management team to present at Raymond James TMT and Consumer Conference on December 5, 2023, at 10:55 am ET. The presentation will be webcast live on the investor relations section of Viant’s website.
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Viant Technology Inc. reported strong financial results for Q3 2023, with GAAP revenue of $59.6 million, a 22% increase YoY. Gross profit was $28.6 million, a 34% increase YoY. Net loss improved significantly to $672,000, compared to a loss of $12.4 million in the same period last year. The company's non-GAAP contribution ex-TAC was $39.1 million, a 22% increase YoY.
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BuzzFeed announces CFO transition and upcoming release of Q3 2023 financial results
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Viant Technology Inc. is hosting its inaugural event, Viant Innovation ‘23, to showcase its digital advertising vision and new initiatives. These include AI Recommendations, Viant Chat, Chat with Data, and AI Bid Optimizer. Viant is also transitioning to renewable energy sources and introducing a Carbon Label for its ads. The company has expanded its supply path optimization program, Direct Access, to the largest CTV buyers.
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Viant Technology Inc. (NASDAQ: DSP) will release its third quarter 2023 financial results on November 6, 2023. A conference call and webcast will be held to discuss the business and financial performance.
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FAQ

What is the current stock price of Viant Technology (DSP)?

The current stock price of Viant Technology (DSP) is $20.39 as of January 23, 2025.

What is the market cap of Viant Technology (DSP)?

The market cap of Viant Technology (DSP) is approximately 317.6M.

What does Viant Technology Inc. do?

Viant Technology Inc. provides a cloud-based platform for digital media investments, enabling programmatic ad purchases across multiple channels.

What is the Viant Advertising Cloud™?

The Viant Advertising Cloud™ is a platform that offers marketers access to over 1.2 billion registered users for cross-device advertising.

When was Viant Technology Inc. founded?

Viant Technology Inc. was founded in 1999.

Which companies are owned by Viant?

Viant owns and operates Adelphic, a self-service platform for programmatic advertising, and MySpace, a social network.

Who acquired Viant Technology Inc. in 2018?

Meredith Corporation acquired Viant Technology Inc. in 2018.

What are the primary channels supported by Viant's platform?

Viant's platform supports advertising on desktop, mobile, connected TV, linear TV, streaming audio, and digital billboards.

How does Viant's approach differ from traditional cookie-based tracking?

Viant uses people-based data instead of cookies, offering more accurate targeting and measurement.

What is Adelphic?

Adelphic is a self-service platform for cross-channel programmatic advertising, owned by Viant.

Why is Viant's database of registered users significant?

With over 1.2 billion registered users, Viant offers one of the largest databases for accurate and extensive cross-device advertising.

What was the impact of Viant's acquisition by Meredith Corporation?

The acquisition by Meredith Corporation enhanced Viant's reach, creating a cross-channel ecosystem targeting nearly 200 million American consumers.
Viant Technology Inc.

Nasdaq:DSP

DSP Rankings

DSP Stock Data

317.59M
14.97M
6.83%
53.89%
2.9%
Software - Application
Services-computer Programming, Data Processing, Etc.
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