NEW YORK (AP) — NEW YORK (AP) — Integral Ad Science Holding Corp. (IAS) on Thursday reported second-quarter net income of $16.4 million.
The New York-based company said it had profit of 10 cents per share. Earnings, adjusted for non-recurring gains, came to 7 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The digital advertising verification company posted revenue of $149.2 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $143.7 million.
For the current quarter ending in September, Integral Ad Science said it expects revenue in the range of $148 million to $150 million.
The company expects full-year revenue in the range of $597 million to $605 million.
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