DoubleVerify(DV)
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Is DoubleVerify's 39% Haircut a Buying Opportunity?
MarketBeat· 2024-05-15 19:16
Key Points DoubleVerify measures the effectiveness of digital ads and performs analytics to detect fraud and provide actionable insights on digital marketing campaigns. The rebound in digital ad spend should be a boon to DoubleVerify, but the uneven spending among larger advertisers caused them to lower forecasts. DoubleVerify stock plummeted 39% on its Q1 2024 earnings report, triggering a double downgrade from Bank of America, slashing its price target to $18 from $45. 5 stocks we like better than DoubleV ...
Why DoubleVerify Stock Fell Off a Cliff This Week
The Motley Fool· 2024-05-11 06:49
The company didn't deliver with its inaugural set of quarterly figures for this year. One of the tech stocks more deeply in the red over the past few trading days was advertising technology specialist DoubleVerify Holdings (DV 0.32%). That's because it missed the average analyst estimate for profitability, reduced its guidance, and was socked with several price target cuts from prognosticators. Those factors were too great to overcome. According to data compiled by S&P Global Market Intelligence, DoubleVeri ...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against DoubleVerify Inc. (DV)
Newsfilter· 2024-05-10 05:40
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against DoubleVerify, Inc ("DoubleVerify" or the "Company") (NYSE:DV). The investigation concerns whether DoubleVerify and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On May 7, 2024, DoubleVerify announced its financial results for the first quarter of 2024, noting the ...
Investigation Into DoubleVerify Holdings, Inc. (DV) Announced by Holzer & Holzer, LLC
Newsfilter· 2024-05-09 04:07
ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether DoubleVerify Holdings, Inc. ("DoubleVerify" or the "Company") (NYSE:DV) complied with federal securities laws. On May 7, 2024, DoubleVerify announced its financial results for the first quarter of 2024, noting the Company was adjusting its "full-year 2024 guidance ranges to 17% revenue growth, and 31% adjusted EBITDA margins at the midpoints primarily due to uneven spending patterns among select large advertisers." Follo ...
Why DoubleVerify Stock Got Crushed Today
The Motley Fool· 2024-05-09 01:25
Why are certain customers pulling back on how much they're spending? Shares of advertising technology (adtech) company DoubleVerify Holdings (DV -39.63%) got crushed on Wednesday after the company reported quarterly financial results and reduced its full-year revenue guidance. As of noon ET, DoubleVerify stock was down a staggering 39%. Here's the real problem Financial results for the first quarter of 2024 weren't bad at all for DoubleVerify. Management expected revenue of $140 million, at best, for the qu ...
DoubleVerify(DV) - 2024 Q1 - Earnings Call Transcript
2024-05-08 09:50
财务数据和关键指标变化 - 公司第一季度收入同比增长15%至1.41亿美元,超出了公司的指引范围 [10] - 公司第一季度调整后EBITDA为3800万美元,利润率为27% [10] - 公司第一季度经营活动产生的净现金流增长近50%至3200万美元 [10] 各条业务线数据和关键指标变化 - 广告主收入同比增长16%,仍然是以交易量为主导 [45] - 测量收入同比增长19%,主要由于现有客户在社交媒体上的扩张 [49] - 社交媒体收入同比增长51%,占测量收入的49% [49] - 国际测量收入同比增长40%,占总测量收入的31% [49] - 供应方收入同比增长8%,主要由于新平台交易的提前签约 [50] 各个市场数据和关键指标变化 - 社交媒体方面,TikTok在EMEA和APAC市场占据近一半的收入 [49] - 在零售媒体方面,公司的测量标签已经覆盖了82个主要的全球零售媒体网络和网站,其中15个是顶级零售媒体平台 [39] 公司战略和发展方向及行业竞争 - 公司正在积极拓展社交媒体和CTV领域的业务,这两个领域是数字广告增长的关键驱动力 [11][12][42] - 公司在社交媒体和CTV领域拥有独立认证的领先解决方案,具有明显的竞争优势 [16][17][32][33] - 公司正在努力提升CTV广告的透明度和可验证性,以提高公司在该领域的附着率和价值主张 [28][29][30][31] - 公司的Scibids AI解决方案正在获得客户的广泛采用,可以为广告主带来显著的投资回报和成本节省 [40][41] 管理层对经营环境和未来前景的评论 - 公司预计2024年第二季度收入和调整后EBITDA将分别同比增长15%和28% [60] - 公司预计2024年全年收入和调整后EBITDA将分别同比增长17%和31% [62] - 公司认为社交媒体和CTV广告的持续增长是未来的关键驱动力,但也面临一些挑战,如客户广告支出的不确定性和产品定价的调整 [57][58][59][63][64][65][66][67] 问答环节重要的提问和回答 问题1 **Matt Swanson 提问** 询问公司业务中表现不佳的部分,以及导致这些部分表现不佳的原因 [72] **Mark Zagorski 回答** 公司的激活业务增长放缓,主要是由于一些大型零售和消费品客户的广告支出不确定所致,这些客户是公司激活业务的重要组成部分 [73][74] 问题2 **Andrew Boone 提问** 询问公司在Meta平台上的品牌安全解决方案的早期采用情况 [80] **Mark Zagorski 回答** 公司已经有40多个客户在测试这一解决方案,其中包括9个top 100客户,反馈良好,公司正在推进客户的正式采用 [81][82] 问题3 **Vasily Karasyov 提问** 询问公司在CTV领域的发展机会及其对未来增长的影响 [181][182] **Mark Zagorski 回答** 公司正在与主要CTV平台和发布商进行深入对话,并取得了一些进展,但这需要一定时间才能产生显著影响,公司未来的增长仍将依赖于其他增长动力 [183][184][185][186][187]
Here's What Key Metrics Tell Us About DoubleVerify (DV) Q1 Earnings
Zacks Investment Research· 2024-05-08 08:30
DoubleVerify Holdings (DV) reported $140.78 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 14.8%. EPS of $0.04 for the same period compares to $0.07 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $138.01 million, representing a surprise of +2.01%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.03. While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...
DoubleVerify(DV) - 2024 Q1 - Quarterly Report
2024-05-08 04:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40349 DoubleVerify Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 82-2714562 ...
DoubleVerify(DV) - 2024 Q1 - Quarterly Results
2024-05-08 04:12
Exhibit 99.1 DoubleVerify Reports First Quarter 2024 Financial Results Increased Revenue by 15% Year-over-Year to $140.8 Million, Driven by Global Growth in Social and CTV Measurement Achieved Net Income of $7.2 Million and Adjusted EBITDA of $38.1 Million, representing a 27% Adjusted EBITDA margin NEW YORK – May 7, 2024 – DoubleVerify (“DV”) (NYSE: DV), one of the leading software platforms for digital media measurement, data and analytics, today announced financial results for the first quarter ended Marc ...
Ahead of DoubleVerify (DV) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-06 22:21
Wall Street analysts forecast that DoubleVerify Holdings (DV) will report quarterly earnings of $0.03 per share in its upcoming release, pointing to a year-over-year decline of 57.1%. It is anticipated that revenues will amount to $138.26 million, exhibiting an increase of 12.8% compared to the year-ago quarter. The current level reflects a downward revision of 4.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively re ...