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

Issuer:     DoubleVerify Holdings, Inc. (DV)
CIK:        0001819928
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001558370-24-010377
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DoubleVerify Q2 rev $155.9M (+17%), EPS $0.04; raises FY2024 guidance
---------------------------------------------------------------------

- GAAP net income $7.5M ($0.04 diluted EPS) vs. $12.8M ($0.07) in Q2 2023; adjusted EBITDA $46.8M (30% margin).
- Activation revenue $87.5M (+12%), measurement $54.8M (+22%), supply-side $13.6M (+26%).
- Social measurement revenue +44% YoY; CTV media transactions measured +55%.
- Board authorized $150M stock repurchase; $50M executed in Q2 and after quarter end; $100M remaining.
- Raised FY2024 revenue guidance midpoint to $671M (from ~$665M); adjusted EBITDA midpoint to $210M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819928/000155837024010377/0001558370-24-010377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819928/000155837024010377/dv-20240730x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010377

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