DoubleVerify Q3: Revenue up 18% to $169.6M, Adj. EBITDA beats; new $200M buyback

DoubleVerify Holdings, Inc.

2024-Q3 EPS reported $0.19 revenue$466,228,000

Q3 revenue $169.6M (+18% YoY); activation $96.8M, measurement $58.5M, supply-side $14.3M.
Net income $18.2M; adjusted EBITDA $60.2M (35% margin), surpassing expectations.
Full-year revenue guidance $660-666M (16% growth at midpoint); adj. EBITDA $218-224M (33% margin).
New $200M share repurchase authorization; total available $275M; Q3 repurchases $25M.
Won Microsoft as advertiser; won 70% of Oracle advertiser RFPs; expanded platform partnerships.

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