DoubleVerify closes Scibids acquisition and updates Q3/FY 2023 guidance

DoubleVerify Holdings, Inc.

Closed acquisition of Scibids Technology SAS, a global leader in AI-powered digital campaign optimization; no deal value disclosed.
Q3 2023 guidance: Revenue $137-$141M (24% YoY growth at midpoint) and Adjusted EBITDA $39-$41M (29% margin).
FY 2023 guidance: Revenue $562-$572M (25% YoY growth at midpoint) and Adjusted EBITDA $171-$179M (31% margin).
Innovation Day presentation published on IR website with additional financial metrics.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DoubleVerify Holdings, Inc. updated its the third quarter and full year 2023 guidance (raised).

Period: the third quarter and full year 2023
Guidance: raised
Result: guidance update

Exact text from the filing

DoubleVerify Announces Closing of Scibids Acquisition and Updates Guidance for the Third Quarter and Full Year 2023

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DoubleVerify Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-015727

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