DoubleVerify stock spikes after strong earnings report

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

DoubleVerify Holdings Inc. shares jumped more than 14% in after-hours trading Wednesday, following an earnings report and forecast that topped estimates...

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines