NASDAQ$IAS

Integral Ad Science Holding Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Generated positive results with programmatic business increasing and expanded in social media and CTV.

Integral Ad Science reported a 28% increase in total revenue to $101.3 million for Q3 2022. Net income increased to $0.8 million, with adjusted EBITDA increasing to $30.1 million.

  • Total revenue increased 28% to $101.3 million.
  • Programmatic revenue increased 40% to $47.1 million.
  • Net income increased to $0.8 million with a 1% margin.
  • Adjusted EBITDA increased to $30.1 million with a 30% margin.

Headline financials

Total Revenue

$101M

Previous: $79M+28.3%
EPS (adj)

$0.00

Previous: -$0.04+112.2%
Capital Expenditures

$457K

Previous: $318K+43.7%
Free Cash Flow

$23.9M

Previous: $4.28M+458.1%
Net Income

$800K

Previous: -$9.78M+108.2%
Operating Income

-$2.31M

Previous: -$1.2M-91.7%
Gross Profit

$82.2M

Previous: $65.2M+26.1%
Cash & Equivalents

$73.6M

Previous: $63.8M+15.4%
Total Assets

$1.13B

Previous: $1.08B+4.4%
Stock-Based Comp

$14.2M

Previous: $8.14M+75.0%

Revenue & EPS history

IAS · Revenue · Quarterly

$101M

Q3 2022+28.3%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

IAS · $120M total across 3 segments · Q3 2023

  • Optimization Revenue
    $57M
  • Measurement Revenue
    $47.8M
  • Publisher Revenue
    $15.5M

Forward guidance

IAS expects revenue and adjusted EBITDA for the fourth quarter and full-year 2022.

Tailwinds

  • Expects fourth quarter total revenue of $110 million to $112 million.
  • Expects fourth quarter adjusted EBITDA of $35 million to $37 million.
  • Expects full year total revenue of $401 million to $403 million.
  • Expects full year adjusted EBITDA of $122 million to $124 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 3 quarterly earnings reports

Historical avg

+3.2%

Avg return

Earnings day

+4.2%

Avg return

5 days after

+3.8%

Avg return

30 days after

64%

14 / 22 earnings

Positive

+34.4%

Q3 2022

Best reaction

-40.7%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+0.0%+0.1%+0.3%
Q2 2025+13.0%+13.5%+9.8%
Q1 2025-0.2%-1.0%+1.2%
Q4 2024+9.0%
Q3 2024-15.2%
Q2 2024+11.3%
Q1 2024+13.9%
Q4 2023-40.7%
Q3 2023+20.8%
Q2 2023-19.4%
Q1 2023+6.4%
Q4 2022+13.2%
Q3 2022+34.4%
Q2 2022-7.5%
Q1 2021+5.8%
Q1 2022+5.8%
Q4 2019-1.5%
Q4 2021-1.5%
Q3 2021+7.9%
Q3 2020+7.9%
Q4 2020+3.5%
Q2 2021+3.5%
Q2 2020
Q1 2020

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