DoubleVerify Q2 revenue rises 43% to $109.8M; raises full-year guidance

DoubleVerify Holdings, Inc.

2022-Q2 EPS reported $0.09 revenue$206,528,000

Net income of $10.3M ($0.06 diluted EPS) vs net loss of $12.6M in Q2 2021.
Activation revenue grew 60% to $60.5M; Measurement revenue up 23% to $38.9M.
Adjusted EBITDA of $34.0M, a 31% margin, up 60% year-over-year.
Raised FY 2022 guidance: revenue $448-450M (35% growth), adjusted EBITDA $136-140M (31% margin).
New partnerships with Twitch, Reddit, Scope3, and LinkedIn Audience Network; added British Airways, Taco Bell, and others.

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