DoubleVerify Q1 rev $96.7M (+43% YoY), raised FY22 guidance

DoubleVerify Holdings, Inc.

2022-Q1 EPS reported $0.03 revenue$96,723,000

Revenue $96.7M (+43% YoY); Activation rev $53.0M (+56%), Supply-Side $9.9M (+61%).
Net income $4.6M; adjusted EBITDA $24.7M (+14% YoY).
Raised FY22 revenue outlook to $439-445M (33% YoY at midpoint).
Added new enterprise clients including Best Buy, Subway, KFC, Norwegian Cruise Lines.
First to earn MRC accreditation for independent YouTube video viewability measurement.

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