Viant Technology Q2 Adj EPS $0.06 Beats $0.01 Estimate, Sales $57.22M Beat $33.10M Estimate
Portfolio Pulse from vinayak@benzinga.com
Viant Technology (NASDAQ:DSP) reported Q2 earnings of $0.06 per share, beating the analyst consensus estimate of $0.01 by 500%. This is a 175% increase over losses of $(0.08) per share from the same period last year. The company also reported quarterly sales of $57.22 million, beating the analyst consensus estimate of $33.10 million by 72.88%. This is a 11.76% increase over sales of $51.20 million the same period last year.
August 07, 2023 | 9:13 pm
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Viant Technology's Q2 earnings and sales significantly exceeded estimates, which could lead to a positive market reaction.
Viant Technology reported a significant beat on both earnings and sales for Q2. This outperformance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100