Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0.0116313748881599
Stock impact report

DoubleVerify Q4: Strong Value Proposition Enables Market Share Wins [Seeking Alpha]

DoubleVerify Holdings, Inc. (DV) 
US:NYSE Investor Relations: investors.adtalem.com
Company Research Source: Seeking Alpha
DV's revenue grew 29% and profitability exceeded expectations, supporting the belief that growth momentum will continue. DV's social measurement solutions are experiencing exceptional adoption, and the company is not facing pricing pressure, indicating a strong value proposition. Overview My recommendation for DoubleVerify ( NYSE: DV ) is a buy rating, as I expect the underlying fundamentals to remain strong, winning relative share against peers like IAS as it continues to increase its value proposition towards customers. Note that I previously rated gave a Buy for DV in December 2023 as I saw visible catalysts that could continue to support the strong growth momentum that the business was experiencing. Recent results & updates The business continues to see strong growth momentum as its 4Q23 total revenue gre w 29% to $172 million, which is in line with the midpoint of guidance. Profitability also came in better than expected, with pro-forma [PF] EBITDA of $65 million refle Show less Read more
Impact Snapshot
Event Time:
DV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for DV alerts
Opt-in for
DV alerts

from News Quantified
Opt-in for
DV alerts

from News Quantified