Viant's Q1 Revenues Top $40 Million

Numbers seem positive as the list of publicly listed ad-tech companies swells

Since late 2020, several ad-tech companies have attempted to float on the public markets. That includes Viant, which issued its first quarterly results today after listing on the Nasdaq in February.

Top line

Viant, which offers a demand-side platform known as Adelphic, posted revenues of $40.1 million for the three months leading up to March 31, with the haul representing a 5% year-on-year increase and equating to a gross profit of $15.8 million (a 9% annual increase).

Excluding

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