DoubleVerify Shares Rise on Lyft Partnership, Guidance

Dow Jones

2025/06/11

By Denny Jacob

DoubleVerify Holdings shares rose 11% in premarket trading following a partnership with Lyft and providing guidance for the year.

Shares were trading around $16.56. The stock is down about 22% on the year.

The advertising data-software company announced a partnership with the rideshare company Lyft to leverage its media-verification capabilities across its advertising platform. The companies said they expect the partnership to go live within the coming weeks but didn't disclose any financial terms.

DoubleVerify in a separate announcement issued guidance for the second quarter and 2025. The company forecast revenue between $180 million and $184 million for the quarter, above the consensus estimate of $171.1 million of analysts polled by FactSet.

For 2025, the company now sees revenue growth of about 13% year-over-year, compared with an earlier forecast calling for about 10% growth.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

June 11, 2025 09:13 ET (13:13 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock is down about 22% on the year. \n</p>\n<p>\n  The advertising data-software company announced a partnership with the rideshare company Lyft to leverage its media-verification capabilities across its advertising platform. The companies said they expect the partnership to go live within the coming weeks but didn't disclose any financial terms. \n</p>\n<p>\n  DoubleVerify in a separate announcement issued guidance for the second quarter and 2025. The company forecast revenue between $180 million and $184 million for the quarter, above the consensus estimate of $171.1 million of analysts polled by FactSet. \n</p>\n<p>\n  For 2025, the company now sees revenue growth of about 13% year-over-year, compared with an earlier forecast calling for about 10% growth. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2025 09:13 ET (13:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LYFT","symbol_name":"Lyft, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2542582728","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542582728","pubTimestamp":1749647580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"DoubleVerify Holdings shares rose 11% in premarket trading following a partnership with Lyft and providing guidance for the year.Shares were trading around $16.56. 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The stock is down about 22% on the year. \n\n\n  The advertising data-software company announced a partnership with the rideshare company Lyft to leverage its media-verification capabilities across its advertising platform. The companies said they expect the partnership to go live within the coming weeks but didn't disclose any financial terms. \n\n\n  DoubleVerify in a separate announcement issued guidance for the second quarter and 2025. 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