DoubleVerify (DV) Stock: Why It Increased 5.45%

By Amit Chowdhry ● Aug 5, 2022
  • The stock price of DoubleVerify (DV) increased by 5.45% in the previous trading session.

The stock price of DoubleVerify (DV) increased by 5.45% in the previous trading session. Investors responded positively to the company’s second-quarter results.

DoubleVerify had reported a Q2 EPS of $0.06, which was $0.04 lower than analyst estimates of $0.10. And the revenue for the quarter was $109.8 million compared to the consensus estimate of $102 million.

In terms of guidance, DoubleVerify expects Q3 2022 revenue of between $108 and $110 million compared to the consensus of $106.89 million. And DoubleVerify expects FY2022 revenue of between $448 and $450 million compared to the consensus of $441.68 million.