NYSE$DV
DoubleVerify Holdings Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
DoubleVerify's Q1 2022 financial results were released, showcasing record revenue and growth, driven by global expansion and innovation.
DoubleVerify reported a strong first quarter with a 43% increase in revenue year-over-year, reaching $96.7 million. The growth was fueled by expansion in pre-campaign activation across programmatic, social, and CTV channels. The company achieved a net income of $4.6 million and an adjusted EBITDA of $24.7 million.
- Total revenue increased by 43% year-over-year to $96.7 million.
- Activation revenue grew by 56% to $53.0 million.
- Measurement revenue increased by 23% to $33.8 million.
- Net income reached $4.6 million with adjusted EBITDA at $24.7 million.
Headline financials
Revenue & EPS history
DoubleVerify · Revenue · Quarterly
$96.7M
Revenue by segment
DoubleVerify · $86.8M total across 2 segments · Q1 2022
- Activation$53M+56.3%61.1%
- Measurement$33.8M+22.7%38.9%
Forward guidance
DoubleVerify anticipates strong financial performance for the second quarter and full year 2022, with revenue and Adjusted EBITDA expected to be within the provided ranges.
Tailwinds
- Second Quarter 2022 Revenue: $101 to $103 million, a year-over-year increase of 33% at the midpoint.
- Second Quarter 2022 Adjusted EBITDA: $27 to $29 million, representing a 27% margin at the midpoint.
- Full Year 2022 Revenue: $439 to $445 million, a year-over-year increase of 33% at the midpoint.
- Full Year 2022 Adjusted EBITDA: $131 to $137 million, representing a 30% margin at the midpoint.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-2.5%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+2.0%
Avg return
30 days after
60%
15 / 25 earnings
Positive
+10.4%
Q4 2025
Best reaction
-39.5%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -9.1% | -10.6% | |
| Q4 2025 | +10.4% | +8.5% | -2.3% | |
| Q3 2025 | -14.4% | -4.3% | +0.5% | |
| Q1 2025 | -5.4% | +5.7% | +4.7% | |
| Q4 2024 | -36.0% | -32.0% | -38.6% | |
| Q3 2024 | +7.3% | +9.6% | +12.5% | |
| Q2 2024 | +3.8% | +0.1% | -2.8% | |
| Q1 2024 | -39.5% | -39.1% | -39.4% | |
| Q4 2023 | -25.7% | -25.8% | -15.4% | |
| Q3 2023 | +4.0% | +6.8% | +13.5% | |
| Q2 2023 | -13.5% | -19.5% | -18.6% | |
| Q1 2023 | +9.9% | +4.9% | +33.6% | |
| Q4 2022 | +3.8% | +1.8% | +14.8% | |
| Q3 2022 | +4.3% | +11.6% | +5.5% | |
| Q2 2022 | +9.2% | +15.1% | +12.5% | |
| Q1 2022 | -2.9% | +15.4% | +18.8% | |
| Q4 2019 | +0.1% | -13.0% | +3.7% | |
| Q4 2021 | +0.1% | +7.4% | -2.0% | |
| Q3 2020 | +3.6% | +3.4% | -6.5% | |
| Q3 2021 | +3.6% | +3.4% | -6.5% | |
| Q2 2020 | -0.6% | -0.1% | -3.5% | |
| Q2 2021 | -0.6% | -0.1% | -3.5% | |
| Q1 2020 | +5.5% | +6.0% | +25.1% | |
| Q1 2021 | +6.3% | +11.8% | +27.1% | |
| Q4 2020 | +5.5% | +11.8% | +27.1% | |
| Q3 2019 | — | — | — |
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