DoubleVerify Q1 2023 Earnings Report

DoubleVerify EPS Results

• Actual EPS: $0.07
• Consensus EPS: $0.04
• Beat/Miss: Beat by +$0.03
• One Year Ago EPS: $0.03

DoubleVerify Revenue Results

• Actual Revenue: $122.59 million
• Expected Revenue: $117.93 million
• Beat/Miss: Beat by +$4.66 million
• YoY Revenue Growth: N/A

DoubleVerify Announcement Details

• Quarter: Q1 2023
• Date: 5/10/2023
• Time: After Market Closes

DoubleVerify (NYSE:DV) provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments. It offers DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud-free, brand-suitable, viewability, and geography for each digital ad; DV Authentic Attention that provides actionable, and comprehensive data to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance. In addition, the company provides DV Publisher suite, a solution for digital publishers to manage revenue and increase inventory yield by improving video delivery, identifying lost or unfilled sales, and aggregate data across all inventory sources; and DV Pinnacle, a service and analytics platform user interface that allows its customers to adjust and deploy controls for their media plan and track campaign performance metrics across channels, formats, and devices. Further, it offers software solutions are integrated in the digital advertising ecosystem, including programmatic platforms, social media channels, and digital publishers. It serves brands, publishers, and other supply-side customers covering various industry verticals, including consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare. The company was founded in 2008 and is headquartered in New York, New York.