other material
confidence high
sentiment positive
materiality 0.85
DoubleVerify Q3 rev up 36% to $83.1M, agrees to acquire OpenSlate for $150M
DoubleVerify Holdings, Inc.
- Q3 revenue $83.1M (+36% YoY); net income $7.9M; Adj. EBITDA $26.4M (32% margin).
- Advertiser programmatic revenue $41.9M (+49%); Social MTM +83%, CTV +41%.
- Agreed to acquire OpenSlate for $150M ($125M cash + $25M stock); expected close Q4 2021.
- Full-year 2021 revenue guidance reiterated at $325-330M (34% growth); EBITDA $103-105M.
- Completed Meetrics acquisition for $24.3M cash on Aug 31, 2021.