DoubleVerify Updates Guidance for the Second Quarter and Full Year 2025 Ahead of Innovation Day
NEW YORK--(BUSINESS WIRE)--DoubleVerify ('DV') (NYSE: DV), the leading software platform for digital media measurement, data and analytics, today announced updated financial guidance for the second quarter and full year 2025.
Updated Financial Guidance:
DoubleVerify anticipates Revenue and Adjusted EBITDA to be in the following ranges:
Second Quarter 2025:
Revenue of $180 to $184 million, representing a year-over-year increase of 17% at the midpoint.
Adjusted EBITDA in the range of $52 to $56 million, representing a 30% margin at the midpoint.
These updates reflect strong execution and sustained demand across DV's solutions.
Full Year 2025:
Revenue growth of approximately 13% year-over-year.
Adjusted EBITDA of approximately 32%.
Upcoming Innovation Day
DV will host its 2025 Innovation Day later today, June 11, 2025, at 1:00 p.m. ET. The live webcast and related presentation materials will be accessible on DV investor relations website at https://ir.doubleverify.com.
Forward-Looking Statements
This press release includes 'forward-looking statements'. Forward-looking statements generally can be identified by the use of forward-looking terminology such as 'may,' 'plan,' 'seek,' 'will,' 'expect,' 'intend,' 'estimate,' 'anticipate,' 'believe' or 'continue' or the negative thereof or variations thereon or similar terminology. Any statements in this press release regarding future revenues, earnings, margins, financial performance or results of operations (including the guidance provided under 'Second Quarter and Full-Year 2025 Guidance', and any other statements that are not historical facts are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. These risks, uncertainties, assumptions and other factors include, but are not limited to, the competitiveness of our solutions amid technological developments or evolving industry standards, the competitiveness of our market, system failures, security breaches, cyberattacks or natural disasters, economic downturns and unstable market conditions, our ability to collect payments, data privacy legislation and regulation, public criticism of digital advertising technology, our international operations, our use of 'open source' software, our limited operating history and the potential for our revenues and results of operations to fluctuate in the future. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make.
Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this press release are included under the caption 'Risk Factors' in the Company's Annual Report on Form 10-K filed with the SEC on February 27, 2025 and other filings and reports we make with the SEC from time to time.
We have based our forward-looking statements on our management's beliefs and assumptions based on information available to our management at the time the statements are made. Any forward-looking information presented herein is made only as of the date of this press release, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
About DoubleVerify
DoubleVerify ('DV') (NYSE: DV) is the industry's leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By creating more effective, transparent ad transactions, we make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.
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