DoubleVerify Hldgs Q2 EPS $0.04, Inline, Sales $155.89M Beat $153.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
DoubleVerify Holdings (NYSE: DV) reported Q2 earnings per share of $0.04, meeting analyst expectations but showing a 42.86% decrease from last year. The company reported sales of $155.89 million, beating the $153.82 million estimate and marking a 16.56% increase from the previous year.
July 30, 2024 | 8:09 pm
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DoubleVerify Holdings reported Q2 EPS of $0.04, meeting expectations but down 42.86% YoY. Sales of $155.89M beat estimates and grew 16.56% YoY.
While the EPS met expectations, the significant YoY decrease might concern some investors. However, the sales beat and strong YoY growth in revenue are positive indicators, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100