DoubleVerify reports Q1 EPS 4c, consensus 2c

Reports Q1 revenue $140.8M, consensus $138.23M. “We made solid progress across multiple growth vectors in the first quarter, ending the period above the high end of our guidance,” said Mark Zagorski, CEO of DoubleVerify. “We enhanced and scaled our independently accredited core verification and performance solutions across leading social and CTV platforms, grew the adoption and usage of Scibids AI, and expanded our international businesses through global partnerships with large new and existing advertisers, all of which drove strong revenue growth and profitability. Our solutions continue to deliver unparalleled utility and value by reducing media waste and maximizing campaign effectiveness, fostering expansion with existing customers, and attracting great new advertisers to DV.”