DoubleVerify Announces Share Repurchase Program
Ticker: DV · Form: 10-Q · Filed: 2025-05-08T00:00:00.000Z
Sentiment: neutral
Topics: share-repurchase, quarterly-report, capital-management
Related Tickers: DV
TL;DR
DV stock buyback program active Q1 2025.
AI Summary
DoubleVerify Holdings, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported on its financial activities, including a new share repurchase program for its common stock initiated on January 1, 2025, and continuing through March 31, 2025. The filing also details changes in treasury stock, retained earnings, additional paid-in capital, and accumulated other comprehensive income as of March 31, 2025, compared to previous periods.
Why It Matters
This filing indicates DoubleVerify is actively managing its capital structure by repurchasing its own stock, which can signal management's confidence in the company's valuation.
Risk Assessment
Risk Level: low — This filing is a routine quarterly report and does not contain significant negative news or unexpected financial events.
Key Players & Entities
- DoubleVerify Holdings, Inc. (company) — Filer of the 10-Q report
- March 31, 2025 (date) — End of the reporting period
- January 1, 2025 (date) — Start date of the new share repurchase program
- Common Stock (security) — Subject of the share repurchase program
FAQ
What is the total value authorized for the new share repurchase program?
The filing mentions a 'NewShareRepurchaseProgramMember' but does not specify the dollar amount authorized for the program.
When did the new share repurchase program commence?
The new share repurchase program commenced on January 1, 2025.
What was the balance of Retained Earnings as of March 31, 2025?
The filing indicates a balance for 'RetainedEarningsMember' as of March 31, 2025, but the specific dollar amount is not provided in this excerpt.
How does the Treasury Stock balance on March 31, 2025, compare to December 31, 2024?
The filing lists 'TreasuryStockCommonMember' for both March 31, 2025, and December 31, 2024, but the specific values are not detailed in this excerpt.
What is the Standard Industrial Classification (SIC) code for DoubleVerify Holdings, Inc.?
The SIC code listed for DoubleVerify Holdings, Inc. is 7370, which falls under SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
From the Filing
0001558370-25-006973.txt : 20250508 0001558370-25-006973.hdr.sgml : 20250508 20250508161029 ACCESSION NUMBER: 0001558370-25-006973 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 79 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250508 DATE AS OF CHANGE: 20250508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DoubleVerify Holdings, Inc. CENTRAL INDEX KEY: 0001819928 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology EIN: 822714562 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40349 FILM NUMBER: 25926157 BUSINESS ADDRESS: STREET 1: 462 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 212-631-2111 MAIL ADDRESS: STREET 1: 462 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10013 10-Q 1 dv-20250331x10q.htm 10-Q DoubleVerify Holdings, Inc._March 31, 2025 http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent 0001819928 --12-31 2025 Q1 false 0 0 http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent P1Y 0001819928 dvh:NewShareRepurchaseProgramMember us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001819928 dvh:NewShareRepurchaseProgramMember us-gaap:CommonStockMember 2025-03-31 0001819928 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001819928 us-gaap:TreasuryStockCommonMember 2025-03-31 0001819928 us-gaap:RetainedEarningsMember 2025-03-31 0001819928 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001819928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001819928 us-gaap:TreasuryStockCommonMember 2024-12-31 0001819928 us-gaap:RetainedEarningsMember 2024-12-31 0001819928 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001819928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001819928 us-gaap:TreasuryStockCommonMember 2024-03-31 0001819928 us-gaap:RetainedEarningsMember 2024-03-31 0001819928 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001819928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001819928 us-gaap:TreasuryStockCommonMember 2023-12-31 0001819928 us-gaap:RetainedEarningsMember 2023-12-31 0001819928 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001819928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001819928 us-gaap:CommonStockMember 2025-03-31 0001819928 us-gaap:CommonStockMember 2024-12-31 0001819928 us-gaap:CommonStockMember 2024-03-31 0001819928 us-gaap:CommonStockMember 2023-12-31 0001819928 2024-01-01 2024-12-31 0001819928 dvh:PerformanceAndMarketBasedSharesMember 2025-03-31 0001819928 dvh:PerformanceAndMarketBasedSharesMember 2025-01-01 2025-03-31 0001819928 dvh:EquityIncentiveProgramMember 2025-01-01 2025-03-31 0001819928 us-gaap:RestrictedStockUnitsRSUMember 2025-03-31 0001819928 us-gaap:PerformanceSharesMember 2025-03-31 0001819928 us-gaap:RestrictedStockUnitsRSUMember 2024-12-31 0001819928 us-gaap:PerformanceSharesMember 2024-12-31 0001819928 us-gaap:RestrictedStockUnitsRSUMember 2025-01-01 2025-03-31 0001819928 us-gaap:EmployeeStockOptionMember 2025-01-01 2025-03-31 0001819928 us-gaap:PerformanceSharesMember 2025-01-01 2025-03-31 0001819928 srt:MinimumMember 2025-04-01 2025-03-31 0001819928 srt:MaximumMember 2025-04-01 2025-03-31 0001819928 2025-04-01 2025-03-31 0001819928 dvh:SupplySideMember 2025-01-01 2025-03-31 0001819928 dvh:MeasurementMember 2025-01-01 2025-03-31 0001819928 dvh:ActivationMember 2025-01-01 2025-03-31 0001819928 dvh:SupplySideMember 2024-01-01 2024-03-31 0001819928 dvh:MeasurementMember 2024-01-01 2024-03-31 0001819928 dvh:ActivationMember 2024-01-01 2024-03-31 0001819928 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2025-03-31 0001819928 us-gaap:LeaseholdImprovementsMember 2025-03-31 0001819928 us-gaap:FurnitureAndFixturesMember 2025-03-31 0001819928 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2024-12-31 0001819928 us-g