DoubleVerify: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — DoubleVerify Holdings Inc. (DV) on Thursday reported first-quarter net income of $2.4 million.

On a per-share basis, the New York-based company said it had net income of 1 cent.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The software platform for digital media measurement and analytics posted revenue of $165.1 million in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $153 million.

For the current quarter ending in June, DoubleVerify said it expects revenue in the range of $169 million to $173 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DV at https://www.zacks.com/ap/DV

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