Core Viewpoint - DoubleVerify Holdings (DV) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for DoubleVerify reflects an improved earnings outlook, which is likely to positively affect its stock price [4][6]. - Rising earnings estimates and the upgrade suggest an enhancement in DoubleVerify's underlying business, which could lead to higher stock prices as investors respond positively [6]. Impact of Institutional Investors - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, largely due to institutional investors adjusting their valuations based on these estimates [5]. - Institutional investors typically buy or sell large amounts of shares based on changes in earnings estimates, leading to significant price movements for the stock [5]. Earnings Estimate Revisions for DoubleVerify - For the fiscal year ending December 2024, DoubleVerify is expected to earn $0.36 per share, reflecting a year-over-year decline of 12.2% [9]. - Over the past three months, the Zacks Consensus Estimate for DoubleVerify has increased by 22.9%, indicating a positive trend in earnings expectations [9]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of DoubleVerify to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [11].

Financial Data and Key Metrics Changes - In Q3 2024, the company achieved total revenue of approximately $170 million, reflecting an 18% year-over-year increase, up from 17% growth in Q2 [37] - The company reported an 83% gross margin and a 35% adjusted EBITDA margin, marking the highest profitability for any Q3 on record [6][44] - Net cash flows from operating activities increased by over 50% to $55 million in Q3, highlighting operational strength [6][44] Business Line Data and Key Metrics Changes - Activation revenue grew by 18% year-over-year, with all four activation solution groupings contributing to growth [39] - Measurement revenue increased by 14%, driven by a 21% rise in social measurement revenue, which accounted for 48% of total measurement revenue [40] - Supply-side revenue grew by 30%, primarily due to growth on existing platforms, particularly retail media [41] Market Data and Key Metrics Changes - Social measurement revenue grew by 21% year-over-year, with significant traction on Meta's platform [16] - CTV measurement volumes increased by nearly 60% year-over-year, driven by platforms like YouTube CTV, Amazon, and Roku [26] - Retail media solutions saw nearly 40% year-over-year growth, contributing to overall supply-side growth [25] Company Strategy and Development Direction - The company is focusing on expanding its solutions across social, CTV, and retail media platforms while adapting to market dynamics [9][10] - Strategic partnerships with major platforms and publishers are being pursued to enhance the company's position in the ad ecosystem [11][12] - The company aims to transition from a protection-focused model to one that integrates performance metrics, emphasizing the importance of attention and optimization [32][33] Management's Comments on Operating Environment and Future Outlook - Management noted challenges such as reduced ad spending from large customers and a shift towards walled gardens, impacting growth expectations [7][8] - The company anticipates a gradual ramp-up in the adoption of its measurement solutions on Meta, with a pre-bid solution expected to launch in early 2025 [49][60] - Despite current headwinds, management remains optimistic about maintaining double-digit revenue growth and expanding its market share in the long term [55][56] Other Important Information - The company repurchased 1.3 million shares for $25 million in Q3, with a total of $275 million authorized for share repurchases [45][46] - A new $200 million senior secured revolving credit facility was secured, replacing the previous facility [48] Q&A Session All Questions and Answers Question: Can you expand on the gradual ramp in measurements in Q3 and Q4? - Management acknowledged a more gradual growth in social measurement, with a 21% increase compared to 47% in the first half of the year, attributing this to the cautious ramp and the upcoming pre-screen tool on Meta [59][60] Question: Can you provide more detail on the opportunity with Oracle exiting the market? - Management reported closing about 70% of available RFPs from Oracle, emphasizing that the wins were across various clients and that the focus will be on upselling these new customers over time [64] Question: How does Oracle's exit affect long-term pricing dynamics? - Management indicated that while the exit creates a more limited marketplace, it also allows for entry-level relationships with new clients, which can be expanded over time [68] Question: How is the Scibids business trending versus expectations? - Management confirmed that Scibids is pacing ahead of expectations, with a 40% year-on-year growth and significant adoption among top clients [91] Question: What is the outlook for CTV measurement growth? - Management noted a 60% increase in CTV measurement volumes, driven by expanded solutions and partnerships, although they are still underpenetrated in revenue opportunities [95]

| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | Disclaimer 1 This presentation contains "forward-looking statements" that are based on management's beliefs and assumptions and on information currently available to management. These forwardlooking statements include, but are not limited to, statements about our plans, objectives, expectations and intentions and other statements contained herein that are not historical facts. When used herein, the words "expects," "anticipates, ...

For the quarter ended September 2024, DoubleVerify Holdings (DV) reported revenue of $169.56 million, up 17.8% over the same period last year. EPS came in at $0.10, compared to $0.08 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $168.93 million, representing a surprise of +0.37%. The company delivered an EPS surprise of +42.86%, with the consensus EPS estimate being $0.07.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...

DoubleVerify Holdings (DV) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this software platform for digital media measurement and analytics would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no s ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40349 Delaware 82-2714562 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer ...

Exhibit 99.1 DoubleVerify Reports Third Quarter 2024 Financial Results Increased Revenue by 18% Year-over-Year to $169.6 Million, Driven by DoubleDigit Growth Across All Revenue Lines as Advertisers and Platforms Expand Adoption of DV's Solutions Achieved Net Income of $18.2 Million and Adjusted EBITDA of $60.2 Million, Representing a 35% Adjusted EBITDA margin Announced New Authorization of $200.0 Million for Additional Common Stock Repurchases NEW YORK – November 6, 2024 – DoubleVerify ("DV") (NYSE: DV), ...

Wall Street analysts expect DoubleVerify Holdings (DV) to post quarterly earnings of $0.07 per share in its upcoming report, which indicates a year-over-year decline of 12.5%. Revenues are expected to be $168.95 million, up 17.4% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's ...

LOS ANGELES, Oct. 24, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DoubleVerify Holdings, Inc. ("DoubleVerify" or "the Company") (NYSE: DV) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. DoubleVerify reported its quarterly financial results on May 7, 2024, ...

Tom Yeung here with your Sunday Digest. In 1885, the first modern roller coaster opened to the public. "Gravity Pleasure Road" was an instant success, generating $600 a day in revenues – roughly $20,000 in today's money. The Coney Island ride featured a lift hill that would pull a bench-like car up a slope, and then release it downhill to the delight of its thrill-seeking riders. Of course, roller-coaster rides are far less amusing when personal wealth is involved. This week, shares of Nvidia Corp. (NVDA) p ...