DoubleVerify jumps as adtech firm raises revenue forecasts
RefinitivLess than 1 min read
** Shares of advertising tech company DoubleVerify Holdings DV up 14.5% at $17.10 premarket
** DV raises Q2 revenue forecast to $180 mln-$184 mln from $169 mln - $173 mln; analysts expected quarterly rev of $171.2 mln
** Company now expects revenue growth in 2025 of 13%, up from 10%; analysts had estimated annual growth of 10.4%
** Separately, DV announced a partnership with Lyft LYFT for fraud protection, verification, fraud measurements among other capabilities
** Up to last close, DV had fallen ~22% this year
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