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DoubleVerify Holdings, Inc. (NYSE: DV) is a leader in digital performance solutions, dedicated to enhancing the quality and effectiveness of digital advertising. Headquartered in New York City, DoubleVerify provides innovative solutions that empower media buyers and sellers with transparency and accountability. The company's core offerings include ad viewability, brand safety, fraud protection, accurate impression delivery, and audience quality monitoring across digital ad campaigns.
Established in 2008, DoubleVerify has partnered with hundreds of Fortune 500 companies, helping them maximize the value of their media investments. The company's flagship solution, the DV Authentic Ad, ensures that digital ads are delivered in brand-safe environments, are fully viewable by real individuals, and appear in the intended geographical locations.
DoubleVerify's business model centers around a Measured Transaction Fee, which is charged based on the volume of media transactions verified through its platform. This performance-based revenue model has proven successful, creating significant value for clients and fostering trust in digital media transactions.
Recently, DoubleVerify achieved a pioneering milestone by becoming the first company to earn the TRUSTe Responsible AI Certification. This certification highlights DoubleVerify's commitment to responsible AI practices, aligning with industry standards such as the EU AI Act and the NIST AI Risk Management Framework. This achievement not only sets DoubleVerify apart but also strengthens its position as a trusted partner in the digital advertising ecosystem.
The company is backed by notable investors including JMI Equity, Institutional Venture Partners, Blumberg Capital, First Round Capital, and Genacast Ventures. As DoubleVerify continues to innovate and expand its offerings, it remains focused on fostering a fair and transparent digital ad marketplace.
For more information, visit doubleverify.com.
DoubleVerify (NYSE: DV) has launched the DV Election Task Force to assist advertisers in navigating challenges before the 2022 US midterm elections. The initiative aims to combat rising hate speech and ad fraud amidst increased election spending. As per their research, online hate speech surged by 23% in the weeks leading up to November, with states having close elections seeing a 31% increase. The Task Force combines expertise in brand safety and fraud detection to provide advertisers actionable insights, helping to protect brand reputation and media investments.
DoubleVerify (NYSE: DV) has partnered with Netflix to enhance media verification and maximize advertiser performance. This collaboration will leverage DV's technology to ensure that ads are viewed by real people and protected from fraud across Netflix's ad-supported tier launching soon. With DV's solutions, advertisers will benefit from fraud protection and
DoubleVerify (NYSE: DV) has launched the DV Attention Lab™, aimed at assisting advertisers in optimizing campaign performance through comprehensive attention data on ad engagement and exposure. The lab, staffed by a multidisciplinary team, leverages the DV Authentic Attention® technology to provide advertisers with essential insights and recommendations. DV also introduced the DV Authentic Attention® Snapshot, offering valuable attention metrics at no extra cost. A recent collaboration with Mondelez International showed that high-exposure impressions significantly boosted brand favorability and purchase intent.
DoubleVerify (NYSE: DV) has partnered with Best Buy Ads to provide robust measurement tools for both Best Buy's ad campaigns and its retail media network. The collaboration aims to enhance ad effectiveness and provide greater clarity in digital investments. With the retail media sector estimated at a $100 billion opportunity, DoubleVerify will integrate its solutions to ensure campaigns are viewed by real people in a brand-safe environment and free from fraud. This partnership underscores DoubleVerify's commitment to innovation in digital media measurement.
DoubleVerify (NYSE: DV) has identified a new variant of the LeoTerra advertising fraud scheme, which spoofs IoT devices to conceal fraudulent activities. This latest variant has cost unprotected advertisers around
DoubleVerify (NYSE: DV) announced its participation in two upcoming investor conferences: the Truist Securities Virtual Internet Summit on September 12, 2022, and the Goldman Sachs Communacopia + Technology Conference on September 13, 2022, featuring a fireside chat at 7:30 a.m. PT / 10:30 a.m. ET. The fireside chat will be available via live webcast and archived on DoubleVerify's investor relations website. The company specializes in digital media measurement and analytics, helping advertisers enhance campaign quality and effectiveness.
DoubleVerify (DV) reported a 43% year-over-year revenue growth, reaching $109.8 million for Q2 2022, driven primarily by a 60% increase in activation revenue to $60.5 million. The company achieved a net income of $10.3 million and a record Adjusted EBITDA of $34.0 million, reflecting a robust 31% margin. Based on strong results, DV raised its full-year guidance to anticipate 35% revenue growth and 31% EBITDA margins. Key highlights include expansion in international markets and strategic partnerships to enhance brand safety.
DoubleVerify (NYSE: DV) announced it will report its second quarter 2022 financial results after the market closes on August 3, 2022. Following this, a conference call and webcast will be held at 4:30 p.m. ET to discuss the results and business outlook. DoubleVerify, a prominent software platform for digital media measurement and analytics, aims to enhance the digital advertising ecosystem by providing unbiased data, benefiting numerous Fortune 500 advertisers globally.
DoubleVerify (NYSE: DV) announced the appointment of Sundeep Jain to its Board of Directors, effective July 1, 2022. Jain, currently Chief Product Officer at Uber (NYSE: UBER), brings over 20 years of experience from prominent companies including Google (NASDAQ: GOOG) and Zynga. He will serve on the Board's Compensation Committee. Jain's expertise in product innovation and technology is expected to enhance DV's growth and innovation trajectory in the digital media measurement sector.
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