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Mar 31, 2023
IAS Q1 2023 Earnings Report
Total revenue increased by 19% with net income also increasing, driven by strong demand and new customer acquisitions.
Key Takeaways
Integral Ad Science reported strong first quarter results with a 19% increase in total revenue to $106.1 million. Net income increased to $3.1 million, or $0.02 per share. The company is raising its full year financial outlook based on these results.
Total revenue increased 19% year-over-year to $106.1 million.
Net income increased to $3.1 million, or $0.02 per share.
Adjusted EBITDA increased to $34.1 million.
IAS is raising its full year financial outlook based on strong first quarter results and positive business trends.
Forward Guidance
IAS is introducing financial outlook for the second quarter of 2023 and increasing its full year 2023 outlook for revenue and adjusted EBITDA:
Positive Outlook
- Total revenue in the range of $111 million to $113 million for Q2 2023.
- Adjusted EBITDA in the range of $35 million to $37 million for Q2 2023.
- Total revenue in the range of $457 million to $465 million for the year ending December 31, 2023.
- Adjusted EBITDA in the range of $147 million to $153 million for the year ending December 31, 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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