 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
DoubleVerify Holdings, Inc. (DV) provides a software platform for digital media measurement, and analytics in the United States and internationally. 
The company provides solutions to advertisers unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments.
It also offers solutions include DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud-free, brand-suitable, viewability, and geography for each digital ad; DV Authentic Attention solution that provides exposure and engagement predictive analytics to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance.
On March 1, DV reported Quarter December 2022 earnings of $0.10 per share on revenue of $133.6 million. The consensus earnings estimate was $0.11 per share on revenue of $133.0 million. Revenue grew 26.6% on a year-over-year basis.
Guided Higher: The company said it expects first quarter revenue of $117.0 million to $119.0 million and revenue of $550.0 million to $564.0 million. The prior consensus revenue estimate was $117.41 million for the quarter ending March 31, 2023 and revenue of $556.96 million for the year ending December 31, 2023.
Shares have formed a bullish "cup and handle" and are expected to move higher from this formation.
Entry Point: $30.65
Stop Loss: $29.00
Trading Range: $17.22 to $32.43
Target Price: $33.70
