secwatch.observer — SEC 8-K summary
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Issuer:     DoubleVerify Holdings, Inc. (DV)
CIK:        0001819928
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001558370-24-007049
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DoubleVerify Q1 revenue $140.8M, +15% YoY; net income $7.2M; guides FY2024 revenue $663-675M (17% growth midpoint)
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- Revenue of $140.8M, up 15% YoY; net income of $7.2M vs $12.2M in prior year.
- Activation revenue +13% to $79.3M; Measurement revenue +19% to $49.3M, driven by social (+51%) and international (+40%).
- Adjusted EBITDA of $38.1M (27% margin); FY24 guidance: revenue $663-675M (17% growth midpoint), adj. EBITDA $199-211M (31% margin).
- Business highlights: social measurement growth, CTV MTM up 45%, new logo wins (McAfee, Carlsberg, Perigo), MRC accreditation, FM Scam discovery.
- Q2 2024 guidance: revenue $152-156M (15% YoY growth at midpoint), adj. EBITDA $41-45M (28% margin).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819928/000155837024007049/0001558370-24-007049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819928/000155837024007049/dv-20240507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-007049

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