Viant Technology Earnings Perspective: Return On Invested Capital
Portfolio Pulse from Benzinga Insights
Viant Technology (NASDAQ:DSP) reported Q1 sales of $41.72 million and a loss of $9.38 million, with a negative Return on Invested Capital (ROIC) of -18.51%. The negative ROIC suggests inefficient capital allocation, which may impact the company's long-term success.
May 23, 2023 | 2:56 pm
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NEGATIVE IMPACT
Viant Technology's Q1 sales were $41.72 million with a loss of $9.38 million and a negative ROIC of -18.51%, suggesting inefficient capital allocation.
Viant Technology's negative ROIC of -18.51% indicates that the company is not effectively allocating its capital, which could negatively impact its long-term success and stock price. The Q1 sales and loss figures also contribute to the negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100