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Integral Ad Science (IAS) Reports Q2 Earnings: What Key Metrics Have to Say
Integral Ad Science Integral Ad Science (US:IAS) ZACKSยท2024-08-02 00:36

Core Insights - Integral Ad Science (IAS) reported revenue of $129.01 million for the quarter ended June 2024, reflecting a 13.5% increase year-over-year [1] - The earnings per share (EPS) was $0.05, unchanged from the same quarter last year, with a significant EPS surprise of +66.67% compared to the consensus estimate of $0.03 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $126.13 million, resulting in a revenue surprise of +2.28% [1] Revenue Breakdown - Optimization revenue reached $58.50 million, surpassing the average estimate of $57.17 million from five analysts [3] - Publisher revenue was reported at $17.80 million, exceeding the average estimate of $16.84 million from five analysts [4] - Measurement revenue totaled $52.70 million, compared to the average estimate of $51.71 million from five analysts [5] Stock Performance - Shares of Integral Ad Science have increased by +5.2% over the past month, outperforming the Zacks S&P 500 composite, which saw a +1.1% change [5] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [5]