Brief: DoubleVerify Announces Closing Of Scibids Acquisition And Updates Guidance For Q3 And Full Year 2023

DoubleVerify Holdings

14/09/2023 12:42

Sept 14 (Reuters) - DoubleVerify Holdings Inc  DV.N :
    * DOUBLEVERIFY ANNOUNCES CLOSING OF SCIBIDS ACQUISITION AND
UPDATES GUIDANCE FOR THE THIRD QUARTER AND FULL YEAR 2023
    * DOUBLEVERIFY HOLDINGS INC - SEES Q3 REVENUE OF $137 TO
$141
MILLION, A YEAR-OVER-YEAR INCREASE OF 24% AT MIDPOINT.
    * DOUBLEVERIFY HOLDINGS INC - SEES Q3 ADJUSTED EBITDA IN
RANGE OF
$39 TO $41 MILLION, REPRESENTING A 29% MARGIN AT MIDPOINT
    * DOUBLEVERIFY HOLDINGS INC - SEES FY REVENUE OF $562 TO
$572
MILLION, A YEAR-OVER-YEAR INCREASE OF 25% AT MIDPOINT
    * DOUBLEVERIFY HOLDINGS INC - SEES FY ADJUSTED EBITDA IN
RANGE OF
$171 TO $179 MILLION, REPRESENTING A 31% MARGIN AT MIDPOINT

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