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DoubleVerify Holdings, Inc. (NYSE:DV ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Tejal Engman - Senior Vice President, Investor Relations Mark Zagorski - Chief Executive Officer Nicola Allais - Chief Financial Officer Conference Call Participants Matt Swanson - RBC Capital Markets Andrew Boone - JMP Securities Arjun Bhatia - William Blair Tim Nollen - Macquarie Eric Sheridan - Goldman Sachs Omar Dessouky - Bank of America Michael Graham - Canaccord Mark Kelley - Stifel Justin Patterson - KeyBanc Capital Markets Matthew Cost - Morgan Stanley Robert Zeller - Truist Securities Vasily Karasyov - Cannonball Research Robert Coolbrith - Wells Fargo Operator Greetings, and welcome to the DoubleVerify First Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for DoubleVerify (DV) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Besides Wall Street's top -and-bottom-line estimates for DoubleVerify (DV), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
NEW YORK--(BUSINESS WIRE)--DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced that it will report first quarter 2024 financial results after the market close on Tuesday, May 7, 2024. Management will host a conference call and webcast to discuss DV's financial results, recent developments and business outlook at 4:30 p.m. ET following the release of the financial results. What: DoubleVerify First Quarter 2024 Financial.
DoubleVerify is recommended as a buy due to strong growth momentum and increasing value proposition to customers. DV's revenue grew 29% and profitability exceeded expectations, supporting the belief that growth momentum will continue. DV's social measurement solutions are experiencing exceptional adoption, and the company is not facing pricing pressure, indicating a strong value proposition.
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DoubleVerify capped off a year of profitable growth in 2023 and expects the same in 2024. The valuation was expensive for a company whose growth is slowing, but shares are more attractively priced now.
NEW YORK--(BUSINESS WIRE)--DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced that Mark Zagorski, CEO, and Nicola Allais, CFO, will participate in the following investor conferences: The JMP Securities Technology Conference Tuesday, March 5, 2024 (fireside chat at 8:30 a.m. PT / 11:30 a.m. ET) KeyBanc Emerging Technology Conference Wednesday, March 6, 2024 (fireside chat at 9:30 a.m. PT / 12:30 p.m. ET) Morgan Stanley T.
While the top- and bottom-line numbers for DoubleVerify (DV) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.