DoubleVerify Q3 revenue $112.3M (+35% YoY); net income $10.3M; raises FY guidance midpoint

DoubleVerify Holdings, Inc.

2022-Q3 EPS reported $0.15 revenue$318,782,000

Total revenue $112.3M, up 35% YoY; Activation revenue $62.2M (+48%), Measurement $38.8M (+14%), Supply-Side $11.2M (+57%).
Net income $10.3M ($0.06 diluted EPS) vs $7.9M a year ago; Adjusted EBITDA $34.0M (30% margin).
Raised full-year 2022 revenue guidance to $450-454M (36% growth at midpoint) and adjusted EBITDA to $138-140M (31% margin).
Expanded partnerships with Netflix for CTV verification and TikTok for post-campaign brand safety measurement.
Gross Revenue Retention rate over 95%; new enterprise logos include GAP, Mattel, Kroger Precision Marketing.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

DoubleVerify Holdings, Inc. reported the third quarter ended September 30, 2022 results: revenue $112.3 million, net income $10.3 million. Guidance raised.

Period: the third quarter ended September 30, 2022
Revenue: $112.3 million
Net income: $10.3 million
Guidance: raised
Result: reported results

Exact text from the filing

DoubleVerify Reports Third Quarter 2022 Financial Results Increased Revenue by 35% Year-over-Year to $112.3 Million, the Highest in Any Quarter, Driven by Growth in Pre-Campaign Activation Across Programmatic, Social and CTV Activation Revenue Increased 48% to $62.2 Million Achieved Net Income of $10.3 Million and Third Quarter Adjusted EBITDA of $34.0 Million, representing a 30% Adjusted EBITDA margin Raised Midpoint of Full-Year 2022 Guidance Range to 36% Total Revenue Growth and 31% Adjusted EBITDA margins

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

DoubleVerify Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-22-016880

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.