Viant Technology Q2 revenue beats estimates on attention intelligence integration
DSP•Outlook
- Viant Technology expects Q3 revenue between $107.5 mln and $110.5 mln
- Company sees Q3 contribution ex-TAC in the range of $65 mln to $67 mln
- Viant expects Q3 adjusted EBITDA between $18.5 mln and $19.5 mln
Overview
- US AI advertising platform's Q2 revenue grew 34% yr/yr, beating analyst expectations
- Adjusted net income for Q2 beat analyst expectations
- Company's results driven by increased CTV advertiser spend and integration of attention intelligence
Result drivers
- CTV advertiser spend - Nearly 50% year-over-year increase in CTV advertiser spend, now representing over half of total advertiser spend
- Attention intelligence integration - Integration and early adoption of TVision's attention intelligence technology contributed to advertiser enthusiasm
- Direct Access growth - Over 80% of CTV spend was transacted through Direct Access, up sharply from over 50% in Q1
Key details and analyst coverage
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