Viant Technology Inc. reported a robust third quarter, achieving record metrics with a 7% year-over-year revenue increase and a 12% rise in contribution ex TAC, surpassing guidance expectations.
- Revenue growth of 19-22% year-over-year when excluding temporary political advertising impacts, showcasing strong operational health.
- Adjusted EBITDA increased 9% to $16 million, exceeding the high end of prior guidance.
- Landmark multiyear partnership signed with Molson Coors, enhancing Viant's footprint as a leader in autonomous advertising for the open internet.
- Continued momentum in streaming audio and CTV demand, contributing to the company’s growth trajectory.
- Viant's unique intelligence layer optimizes ad campaigns by leveraging proprietary data, positioning the company favorably against competitors.
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