secwatch.observer — SEC 8-K summary
======================================

Issuer:     DoubleVerify Holdings, Inc. (DV)
CIK:        0001819928
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0001558370-23-012566
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DV Q2 revenue up 22% to $133.7M, net income $12.8M; acquires Scibids for $125M
------------------------------------------------------------------------------

- Revenue $133.7M (+22% YoY); Net income $12.8M vs $10.3M; Adj EBITDA $40M (30% margin).
- Activation revenue $77.9M (+29%); Measurement $45M (+16%); Supply-side $10.8M (+4%).
- Agreed to acquire Scibids for $125M (cash+stock) with potential earnout; expected close Q3 2023.
- FY 2023 guidance: Revenue $557-569M (+24% midpt); Adj EBITDA $171-179M (31% margin midpt).
- Q3 2023 guidance: Revenue $135-141M (+23% midpt); Adj EBITDA $39-41M (29% margin midpt).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819928/000155837023012566/0001558370-23-012566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819928/000155837023012566/dv-20230731x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012566

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer