Reported 5 months ago
DoubleVerify reported mixed first quarter results, surpassing revenue estimates but falling short on adjusted earnings per share. CEO Mark Zagorski highlighted the resilience of the online ad market, citing growth in areas like connected television and retail media networks. Despite challenges faced in the first quarter, DoubleVerify remains optimistic about growth prospects both internationally and domestically, with Zagorski noting that ad spend is going towards proven effective platforms. This trend indicates that advertisers are willing to invest in marketing strategies that yield results, leading to a positive outlook for the company's performance in the future.
Source: YAHOO