Doubleverify Hldgs Inc Stock Price, News & Analysis

DoubleVerify (NYSE: DV) is set to present at the KeyBanc Technology Leadership Forum on August 9, 2021, at 11:20 a.m. ET. CFO Nicola Allais and SVP, Investor Relations Tejal Engman will lead the discussion, followed by virtual meetings with institutional investors. The fireside chat will be accessible via a live audio webcast and will be archived on DoubleVerify's investor relations website.

As a prominent platform in digital media measurement and analytics, DoubleVerify aims to enhance the digital advertising ecosystem while maintaining fair value for advertisers.

DoubleVerify (DV) reported impressive second-quarter results with total revenue of $76.5 million, a 44% increase year-over-year. Key drivers included a 57% increase in advertiser programmatic revenue and a 112% surge in Authentic Brand Safety revenues. Despite a net loss of $12.6 million attributed to IPO costs, adjusted EBITDA rose by 35% to $21.2 million. The company anticipates third-quarter revenue between $81 million and $83 million and full-year revenue of $325 million to $330 million, reflecting optimism in digital advertising spend and continued market growth.

DoubleVerify (NYSE: DV) has launched enhancements to its Connected TV (CTV) brand safety and suitability solutions, including app-level avoidance categories and app store data controls. These tools enable advertisers to monitor and avoid unsuitable CTV apps and align their campaigns with suitable inventory. With over 90 brand safety categories, DV aims to deliver increased transparency and protection in CTV advertising. As demand for CTV transparency rises, these innovations position DV as a leader in brand safety solutions, helping advertisers safeguard their investments and optimize performance.

DoubleVerify (DV), a leader in digital media measurement, has enhanced its brand safety and suitability solutions. Key updates include the launch of DV's Brand Safety Floor as a turnkey option, allowing advertisers to quickly mitigate risks associated with high-risk content. In addition, Brand Suitability Tiers now extend to YouTube, providing advertisers with greater control. A new suitability category, 'Death & Injury,' has also been introduced. These enhancements reflect increasing customer demand for precise brand safety control, enabling better campaign performance and monetization opportunities for publishers.

DoubleVerify (DV) has achieved Media Rating Council (MRC) accreditation for its innovative video filtering, benchmarks, and connected TV (CTV) metrics. This recognition underscores DV's commitment to improving digital ad ecosystem quality and performance, particularly as investment in these areas grows. Key accredited metrics include CTV Fully-On Screen metrics and DV Video Complete, which enhance campaign measurement and brand protection. This accreditation marks an important step in DV's ongoing efforts to provide reliable data to advertisers, ensuring transparency in their digital investments.

DoubleVerify (DV) has achieved significant certifications for international data privacy compliance, including the International Privacy Verification (IPV) and APEC Cross Border Privacy Rules (CBPR) via TrustArc. These certifications validate DV's data protection mechanisms and adherence to global standards. As the sole digital ad verification provider to achieve such certifications, DV showcases its commitment to data privacy while not employing cookies or user tracking. The company prioritizes robust information security and ongoing monitoring to bolster compliance and build customer trust.

DoubleVerify (NYSE: DV) will report its second quarter 2021 financial results on July 29, 2021, after the market closes. Following the release, management will hold a conference call and webcast at 4:30 p.m. ET to discuss the results, recent developments, and business outlook. Interested parties can join the call using the toll-free number for the US/Canada or through an international line. The company aims to enhance the digital advertising space by providing reliable analytics, employed by numerous Fortune 500 advertisers.

DoubleVerify (DV), a leading digital media measurement platform, has released its 2021 Global Insights Report, analyzing over one trillion impressions across 80 markets. The report shows improved post-bid quality metrics, with brand suitability and fraud violations decreasing globally. Key highlights include a 56% surge in CTV verification volumes in North America, a 4% decline in brand suitability violations, and a narrowing gap in media quality between programmatic and direct publisher buys. DV's findings underscore the growing demand for clarity and confidence in digital advertising investments.

DoubleVerify (NYSE: DV) is set to join the Russell 3000® Index effective June 28, following the annual reconstitution of the index. This inclusion signifies a major milestone shortly after its IPO in April 2021. The Russell 3000® Index encompasses the largest US stocks and offers enhanced exposure to investors and clients. As CEO Mark Zagorski noted, this membership can boost DoubleVerify's presence within the investment community. Approximately $10.6 trillion in assets are benchmarked against the Russell indexes, underscoring their significance in the market.