DoubleVerify Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• DoubleVerify Holdings Inc DV.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 2 cents to 8 cents per share.

• Revenue rose 21.3% to $189.02 million from a year ago; analysts expected $180.45 million.

• DoubleVerify Holdings Inc's reported EPS for the quarter was 5 cents​.

• The company reported quarterly net income of $8.76 million.

• DoubleVerify Holdings Inc shares had risen by 3.2% this quarter and lost 19.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for DoubleVerify Holdings Inc is $17.00, about 8.9% above its last closing price of $15.48

This summary was machine generated from LSEG data August 5 at 09:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)