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Investing.com -- Integral Ad Science (NASDAQ:IAS) reported first-quarter earnings and revenue that surpassed analyst expectations, while also raising its full-year guidance. The media measurement and optimization platform saw its shares rise 1.8% in after-hours trading following the announcement.
IAS posted adjusted earnings per share of $0.05, beating the analyst consensus of $0.03. Revenue for the quarter came in at $134.1 million, exceeding estimates of $129.17 million and representing a 17% YoY increase from $114.5 million in the same quarter last year.
The company’s optimization revenue, a key growth driver, jumped 24% YoY to $64.8 million. Publisher revenue also saw significant growth, increasing 33% to $20.9 million.
"We exceeded our expectations for the first quarter with 17% revenue growth highlighted by a 24% increase in optimization revenue and a 33% increase in publisher revenue," said Lisa Utzschneider, CEO of IAS. "IAS is an AI-first company. We empower global marketers to optimize their digital investments and realize their target outcomes with our advanced technology."
Looking ahead, IAS raised the midpoint of its full-year 2025 outlook. The company now expects revenue between $590 million and $600 million, compared to the analyst consensus of $591.5 million.
For the second quarter, IAS projects revenue of $142 million to $144 million and adjusted EBITDA of $45 million to $47 million.
The company’s net income for Q1 was $8.0 million, or $0.05 per share, compared to a net loss of $1.3 million, or -$0.01 per share, in the prior-year period. Adjusted EBITDA increased to $41.5 million from $33.1 million a year ago.
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