Viant Technology Q4 2023 Adj EPS $0.14 Beats $(0.03) Estimate, Sales $64.41M Miss $65.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
Viant Technology (NASDAQ:DSP) reported Q4 2023 adjusted EPS of $0.14, surpassing the $(0.03) estimate, but its sales of $64.41M fell short of the $65.92M estimate, marking an 18.16% increase from the previous year.
March 04, 2024 | 9:21 pm
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Viant Technology reported a Q4 2023 adjusted EPS of $0.14, beating estimates, but missed sales estimates with $64.41M, a year-over-year increase of 18.16%.
The positive earnings surprise, with adjusted EPS significantly beating estimates, is likely to have a positive short-term impact on DSP's stock price. However, the slight miss on sales estimates could temper some of the positive momentum. The significant year-over-year sales growth indicates underlying strength in the business, supporting a positive outlook.
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IMPORTANCE 90
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