DoubleVerify reports Q4 EPS 25c, consensus 11c

Reports Q4 revenue $133.6M, consensus $132.96M. The company said, "2022 was another year of exceptional growth driven by strong execution. We measured 5.5 trillion media transactions, grew revenue by 36% to more than $452 million, achieved 31% adjusted EBITDA margins and generated approximately $95 million of net cash from operating activities. Our ability to significantly outpace the broader digital advertising industry throughout 2022 was fueled by expanding product usage within our existing customer base and by winning new customers, both of which resulted in market share gains across geographies and platforms. Looking ahead, we are excited to meaningfully scale our solutions across fast-growing and underpenetrated media environments such as CTV, Social media and Retail Media Networks. We continue to successfully drive our ‘verify everywhere’ mission powered by our industry-leading platform that protects and maximizes media investment, making DV‘s products a strategic imperative for advertisers and creating durable demand in 2023 and beyond."