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

DoubleVerify Holdings

31/07/2023 23:05

* DoubleVerify Holdings Inc  DV.N  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in June.
The mean expectation of fifteen analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue rose 21.8% to $133.74 million from a year ago;
analysts
expected $133.44 million. 
    * DoubleVerify Holdings Inc's reported EPS for the quarter
was 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * DoubleVerify Holdings Inc shares had risen by 6.7% this
quarter and gained 89.0% so far this year.
    * The company reported quarterly net income of $12.84
million.
    * Wall Street's median 12-month price target for
DoubleVerify
Holdings Inc is $45.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.06           0.07           Beat
 Mar. 31 2023      0.04           0.07           Beat
 Dec. 31 2022      0.11           0.10           Missed
 Sep. 30 2022      0.05           0.06           Beat