Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for misleading statements and failure to disclose critical information regarding its business operations and financial performance during the specified Class Period from November 10, 2023, to February 27, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, where the company's capabilities were limited [5]. - It is alleged that the company overbilled customers for ad impressions served to declared bots operating from known data center server farms [5]. - The lawsuit asserts that DoubleVerify's risk disclosures were materially false and misleading, mischaracterizing adverse facts as mere possibilities [5]. Group 2: Investor Information - Investors who purchased DoubleVerify common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6]. - A lead plaintiff must move the Court by July 21, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 alone [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired DoubleVerify Holdings, Inc. common stock during a specified period, alleging that the company misled investors regarding its business prospects and financial performance [1][2]. Allegations - The lawsuit claims that DoubleVerify failed to disclose significant shifts in customer ad spending from open exchanges to closed platforms, where the company's capabilities were limited [2]. - It is alleged that the company’s ability to monetize its Activation Services was constrained due to the high costs and time required for technology development for closed platforms [2]. - The complaint states that monetization of Activation Services related to certain closed platforms would take several years, which was not communicated to investors [2]. - Competitors were reportedly better positioned to integrate AI into their offerings on closed platforms, negatively affecting DoubleVerify's competitive stance and profitability [2]. - The company is accused of systematically overbilling customers for ad impressions served to bots operating from known data centers [2]. - The risk disclosures provided by DoubleVerify were claimed to be materially false and misleading, as they downplayed adverse facts that had already occurred [2]. Impact of Disclosure - The truth about DoubleVerify's business challenges was revealed on February 27, 2025, when the company reported lower-than-expected sales and earnings for Q4 2024, attributed to reduced customer spending and service suspension by a major client [3]. - Following this disclosure, DoubleVerify's stock price fell by $7.83, or 36%, from $21.73 to $13.90 within a day [3]. Next Steps for Investors - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by July 15, 2025 [4]. - Investors can choose to remain absent class members and still be eligible for recovery without taking any action [4].

Core Viewpoint - The article discusses a class action lawsuit against DoubleVerify Holdings, Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements and the impact on the company's stock price during the class period from November 10, 2023, to February 27, 2025 [1][3]. Company Allegations - The lawsuit alleges that DoubleVerify misled investors by failing to disclose that customers were shifting ad spending from open exchanges to closed platforms, where DoubleVerify's capabilities were limited [3]. - It is claimed that the development of technology for closed platforms was more expensive and time-consuming than disclosed, affecting the monetization of DoubleVerify's Activation Services [3]. - The lawsuit states that competitors were better positioned to incorporate AI into their offerings, impairing DoubleVerify's competitive edge and profits [3]. - Allegations include systematic overbilling of customers for ad impressions served to declared bots, and misleading risk disclosures that characterized adverse facts as mere possibilities [3]. Stock Price Impact - Following the announcement of lower revenue growth expectations on February 28, 2024, DoubleVerify's stock price fell over 21% [4]. - On May 7, 2024, after cutting its full-year 2024 revenue outlook, the stock price dropped nearly 39% [5]. - A further decline of more than 36% occurred on February 27, 2025, when DoubleVerify reported lower-than-expected fourth quarter 2024 sales and earnings, attributing it to reduced customer spending and the shift of ad dollars [6]. Legal Process - Investors who purchased DoubleVerify common stock during the class period can seek appointment as lead plaintiff in the class action lawsuit, which allows them to act on behalf of other class members [7]. About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8].

NEW YORK, May 23, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against DoubleVerify Holdings, Inc. (“DoubleVerify” or “the Company”) (NYSE: DV) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ...

NEW YORK, May 23, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the common stock of DoubleVerify Holdings, Inc. (“DoubleVerify” or the “Company”) (NYSE: DV) between November 10, 2023 and February 27, 2025, inclusive. For more information, submit a form at DoubleVerify Holdings, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at palloc ...

LOS ANGELES, May 23, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DoubleVerify Holdings, Inc. ("DoubleVerify" or "the Company") (NYSE: DV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 10, 2023, and February 27, 2025, inclusive (the "Cl ...

Group 1 - A class action has been filed against DoubleVerify Holdings, Inc. for allegedly misleading investors about its business prospects during the period from November 10, 2023, to February 27, 2025 [1][2] - The complaint outlines several key allegations, including that DoubleVerify's customers were shifting ad spending to closed platforms, which limited the company's technological capabilities and increased competition from platforms like Meta and Amazon [2] - It is claimed that DoubleVerify's Activation Services faced significant monetization challenges due to high development costs and that competitors were better positioned to leverage AI, adversely affecting DoubleVerify's profitability [2] Group 2 - The truth about DoubleVerify's business challenges was revealed on February 27, 2025, when the company reported lower-than-expected sales and earnings, leading to a significant stock price drop of $7.83 per share, or 36%, from $21.73 to $13.90 [3] - The decline in stock price was attributed to reduced customer spending and the suspension of services by a major client, alongside the negative impact of ad dollar shifts from open exchanges to closed platforms [3] Group 3 - Shareholders interested in participating in the class action must file their papers by July 15, 2025, to serve as lead plaintiff, representing other class members in the litigation [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]

Summary of Double Verify Conference Call Company Overview - **Company**: Double Verify - **Industry**: Digital Advertising Verification Key Points and Arguments 1. **Business Model**: Double Verify operates as an ad platform that ensures advertisers' digital media spend is viewable, brand safe, geographically aligned, and free from fraud. The company positions itself as an independent arbiter of digital media quality [4][5][6]. 2. **Q1 Performance**: The company reported a 17% revenue growth in Q1, a significant improvement from the previous year's growth rates of 10-15%. This growth was attributed to strong customer adoption of new solutions and scaling of existing customers [5][7][8]. 3. **Customer Adoption**: Notable new customers include KenView and Microsoft, with existing customers like Lilly and Novartis increasing their spending. The company emphasized the importance of upselling premium solutions to current customers [8][15][49]. 4. **Social Media Activation**: The launch of activation solutions on Meta in February has gained traction, with 20 new customers acquired, including major brands. The potential revenue from these new solutions is estimated to be between $40 million to $100 million over the next couple of years [10][11][12]. 5. **Market Diversification**: The company has a diversified revenue stream, with only 6% of total revenue coming from the auto industry, which is expected to be impacted by economic downturns. This diversification helps mitigate risks associated with specific sectors [24][25][49]. 6. **Advertising Spend Resilience**: Advertisers have become more performance-oriented and agile, learning from past economic shocks. This has led to a more resilient advertising spend, with less immediate reaction to market volatility [25][29]. 7. **Performance Solutions**: The company is evolving from a verification specialist to a performance and analytics provider. This includes the introduction of tools like SciBids AI and RockerBox, which help advertisers optimize their media spend and measure performance effectively [34][56]. 8. **Data Measurement**: Double Verify measures a vast amount of digital ad transactions, amounting to $8.3 trillion last year. This data is used to assess media quality and performance, providing valuable insights for advertisers [59][60]. 9. **Future Growth Potential**: The company anticipates significant growth in its social business and performance metrics, with projections of reaching $100 million in revenue from SciBids by 2028. The total addressable market (TAM) is expected to expand into billions due to these developments [66][67]. 10. **Competitive Differentiation**: Double Verify's competitive edge lies in its scale, breadth of offerings, and the ability to provide integrated solutions that enhance advertising performance. The company has established itself as a leader in the digital advertising verification space [70][71]. Other Important Content - **AI Utilization**: The company is leveraging AI to combat challenges posed by AI-generated content and fraud, while also improving operational efficiencies [73][74]. - **Innovation Day**: The upcoming innovation day is expected to highlight the company's long-term vision of becoming an essential performance platform for advertisers, along with financial insights [75][76].

DoubleVerify (DV) FY Conference Summary Company Overview - **Company**: DoubleVerify (DV) - **Industry**: Ad Tech - **Conference Date**: May 13, 2025 Key Points Company and Product Overview - DoubleVerify is an ad tech platform focused on ensuring ad spend is effective, viewable, fraud-free, and contextually suitable for advertisers [4][13] - The company has expanded its offerings from media quality to include cost optimization through its SciBids AI tool and attribution via the acquisition of RockerBox [4][18] Growth Drivers - The primary growth drivers for 2025 and beyond include replicating success in the open web within walled gardens like TikTok and Meta [6][18] - The company is transitioning from a focus on protection to performance, helping advertisers achieve better results at lower costs [18][21] Market Position and Valuation - DoubleVerify's market valuation has decreased from $6 billion to $2 billion, indicating a significant compression in valuation multiples [11] - The company believes the market is underestimating its potential, particularly in social media and performance advertising [12][18] Product Bundling Strategy - The bundling of pre-bid and post-bid products has created a more comprehensive offering, increasing the average cost per ad unit from 8¢ to 22¢ [9][40] - The integration of SciBids and RockerBox allows for a unique value proposition, combining verification and performance metrics [64][93] Competitive Landscape - DoubleVerify sees itself as a unique player in the market due to its extensive dataset and ability to provide independent verification across platforms [126][127] - The company competes with both traditional verification companies and platforms that offer point solutions [125][130] Acquisitions and Innovation - Recent acquisitions, including SciBids for $125 million and RockerBox for $85 million, are aimed at enhancing product offerings and expanding market reach [90][91] - The company emphasizes a strategy of acquiring complementary technologies rather than solely relying on internal development [43][92] Future Product Developments - A new product rollout for CTV (Connected Television) is expected in 2025, which will include a media quality score to enhance pricing power [72][88] - The company is focused on creating a seamless solution that integrates verification, optimization, and attribution [97][121] Financial Performance and Efficiency - DoubleVerify has maintained a gross margin of over 80% and is leveraging AI to improve operational efficiency [133] - The company is experiencing growth in customer spending, with top customers increasing their spend by 14% in Q1 [66] Market Expansion - The company is not limited to the U.S. market; it aims to expand its reach globally, particularly in regions where social media advertising is prominent [101][104] Conclusion - DoubleVerify is positioned to capitalize on the growing demand for integrated ad solutions that combine verification and performance metrics, with a strong focus on innovation and market expansion [92][134]

Core Insights - DoubleVerify Holdings (DV) reported revenue of $165.06 million for the quarter ended March 2025, reflecting a year-over-year increase of 17.3% [1] - The earnings per share (EPS) for the quarter was $0.01, down from $0.04 in the same quarter last year, indicating a decline [1] - The reported revenue exceeded the Zacks Consensus Estimate of $152.96 million by 7.91%, while the EPS fell short of the consensus estimate of $0.02 by 50% [1] Revenue Breakdown - Revenue from Measurement customers was $53.43 million, slightly above the estimated $52.86 million, marking an 8.4% increase year-over-year [4] - Revenue from Supply-side customers reached $16.46 million, surpassing the estimated $15.16 million, representing a significant 35.1% increase compared to the previous year [4] - Revenue from Activation services was $95.17 million, exceeding the average estimate of $84.89 million, with a year-over-year growth of 20% [4] Stock Performance - Over the past month, DoubleVerify's shares have returned +1.3%, underperforming the Zacks S&P 500 composite, which saw a +11.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]