DoubleVerify Holdings Inc. DV shares jumped more than 14% in after-hours trading Wednesday, following an earnings report and forecast that topped estimates despite doubts about the online-advertising industry. The ad-tech company reported fourth-quarter earnings of $18.1 million, or 11 cents a share, down from 18 cents a share a year ago. Revenue grew to $133.6 million from $105.5 million in the holiday quarter of 2021.
DV shares jumped more than 14% in after-hours trading Wednesday, following an earnings report and forecast that topped estimates despite doubts about the online-advertising industry. The ad-tech company reported fourth-quarter earnings of $18.1 million, or 11 cents a share, down from 18 cents a share a year ago. Revenue grew to $133.6 million from $105.5 million in the holiday quarter of 2021. Analysts on average expected adjusted earnings of 19 cents a share on sales of $132.