DoubleVerify Holdings Inc. experienced a mixed first quarter, reporting a net income of $2.4 million, or 1 cent per share, which underperformed relative to Wall Street's forecast of 2 cents per share. However, the company noted revenue of $165.1 million, significantly surpassing the expected $153 million. Looking ahead, DoubleVerify anticipates revenue for the next quarter to be between $169 million to $173 million, suggesting continued growth in the digital media measurement space despite the earnings miss.
In its first quarter report, DoubleVerify Holdings Inc. announced a net income of $2.4 million, or 1 cent per share, which did not meet analyst expectations.
DoubleVerify's reported revenue of $165.1 million exceeded analysts' forecasts, indicating strong performance in digital media measurement despite missing earnings expectations.
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