NASDAQ$IAS
Integral Ad Science Holding Corp · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Achieved strong results driven by optimization and measurement revenue growth, and expanded platform partnerships.
IAS reported a 19% increase in total revenue to $120.3 million for Q3 2023. The company experienced a net loss of $13.7 million, or $0.09 per share, but adjusted EBITDA increased to $40.6 million. The company is raising its full year 2023 financial outlook based on positive third quarter performance and business momentum in the fourth quarter.
- Total revenue increased 19% to $120.3 million compared to the prior-year period.
- Optimization revenue increased 21% to $57.0 million compared to the prior-year period.
- Measurement revenue increased 23% to $47.8 million compared to the prior-year period.
- Adjusted EBITDA increased to $40.6 million, a 35% increase compared to the prior-year period.
Headline financials
Revenue & EPS history
IAS · Revenue · Quarterly
$120M
Revenue by segment
IAS · $120M total across 3 segments · Q3 2023
- Optimization Revenue$57M—47.4%
- Measurement Revenue$47.8M—39.7%
- Publisher Revenue$15.5M—12.9%
Forward guidance
IAS is introducing financial outlook for the fourth quarter of 2023 and increasing its full year 2023 outlook for revenue and adjusted EBITDA.
Tailwinds
- Total revenue of $130 million to $132 million for the fourth quarter ending December 31, 2023
- Adjusted EBITDA of $45 million to $47 million for the fourth quarter ending December 31, 2023
- Total revenue of $470 million to $472 million for the year ending December 31, 2023
- Adjusted EBITDA of $157 million to $159 million for the year ending December 31, 2023
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 3 quarterly earnings reports
+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
| Quarter | Report date | Reaction (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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