DoubleVerify Shares Rise on Lyft Partnership, Guidance

Dow Jones

Jun 11, 2025

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)

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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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