DV Stock Recent News

While the top- and bottom-line numbers for DoubleVerify (DV) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

DoubleVerify Holdings (DV) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.06 per share a year ago.

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 second quarter 2023 financial results after the market close on Monday, July 31, 2023. 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 Second Quarter 2023 Financi.

DoubleVerify Holdings, a leading software provider for global advertisers, is performing exceptionally well with its stock up significantly year-to-date. The company helps ensure fair exchanges between buyers and sellers of digital media. DV has over 1,000 customers across diverse industries, and its technology ensures ads are secure, safe, and effective.

DV's strong 1Q performance and growth in premium-priced and social measurement solutions support long-term growth and operating leverage. Stabilizing macroeconomic environment and potential growth in social media platforms like TikTok and Meta's Facebook provide additional catalysts for DV's success. However, the stock's high valuation, trading at 30x forward EBITDA, suggests limited upside potential.

This week's job report has turned around investors' confidence, as America's jobs market is staggeringly strong. Employers added 339,00 jobs in May – more jobs than the US economy has added in a month since 2019.

The story of Netflix Inc.'s NASDAQ: NFLX turnaround potential is getting investors' attention. The streamer's stock is up 23.71% in the past month, gapping up on May 18 following news that it has almost 5 million users of its advertising-supported service, and more than a quarter of new signups now choose the ad plan in countries where it's available.

DoubleVerify is a leader in ad measurement and analytics across multiple platforms. The company has developed internal capabilities such as pre-bid targeting, viewability assessment, and fraud detection.

IPO Stock Of The Week DoubleVerify is approaching a buy point. The company boasts 133% earnings growth in the latest quarter.

DoubleVerify Holdings, Inc. (NYSE:DV ) Q1 2023 Earnings Conference Call May 10, 2023 5:30 PM ET Company Participants Tejal Engman – Investor Relations Mark Zagorski – Chief Executive Officer Nicola Allais – Chief Financial Officer Conference Call Participants Michael Graham – Canaccord Genuity Arjun Bhatia – William Blair Justin Patterson – KeyBanc Capital Markets Andrew Boone – JMP Securities Mark Murphy – JPMorgan Eric Sheridan – Goldman Sachs Laura Martin – Needham & Company Yun Kim – Loop Capital Markets Mark Kelley – Stifel Youssef Squali – Truist Securities Operator Greetings. Welcome to DoubleVerify's First Quarter 2023 Financial Results Conference Call.