Revenue Growth and Strong Profit for DoubleVerify

New York-based digital media measurement company DoubleVerify has reported revenue of $188.6m, up 11%, for the third quarter. Adjusted EBITDA was a healthy $65.9 million, a margin of 35%.

The firm splits the overall revenue figure into three divisions: Activation revenue rose 10% to $106.7 million; Measurement revenue 9% to $63.8 million; and Supply-side revenue 27% to $18.1 million.

CEO Mark Zagorski (pictured) says the results reflect 'disciplined execution and continued progress across key growth initiatives,' as well as 'leverage of AI to drive efficiencies in our model.' He adds: 'As AI reshapes how media is bought, measured, and optimized, and social and CTV take a commanding share of ad budgets, our trusted, independent platform remains essential to helping advertisers drive performance and accountability in an increasingly complex ecosystem.'

DV, owned since 2017 by Providence Equity Partners, offers MRC-accredited software that measures and verifies the quality and effectiveness of digital ads. Full year 2024 revenue was $656.8m, up 15%, and for 2025 the company says it is expecting revenue growth of approximately 14% and adjusted EBITDA margin of approximately 33%.

Web site: www.doubleverify.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.