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Mar 31, 2024
IAS Q1 2024 Earnings Report
IAS reported first quarter results with revenue exceeding expectations, driven by strong social media growth and strategic partnerships, while introducing positive second quarter outlook and raising full-year outlook.
Key Takeaways
Integral Ad Science (IAS) announced its first quarter 2024 financial results, with total revenue increasing by 8% to $114.5 million. The company reported a net loss of $1.3 million but highlighted an adjusted EBITDA of $33.1 million. IAS is introducing a positive outlook for the second quarter and raising its full-year outlook.
Total revenue increased 8% year-over-year to $114.5 million.
Measurement revenue grew 14% year-over-year to $46.3 million, driven by strong social media revenue growth.
Net loss was $1.3 million, with an adjusted EBITDA of $33.1 million.
IAS expanded partnerships with Meta, TikTok, Snap, and X, and announced integrations with Roblox and Netflix.
IAS
IAS
IAS Revenue by Segment
IAS Revenue by Geographic Location
Revenue by Segment
Optimization Revenue
CapyFin.comMeasurement Revenue
CapyFin.comPublisher Revenue
CapyFin.comRevenue by Geographic Location
International Revenue
CapyFin.com Forward Guidance
IAS is introducing financial outlook for the second quarter of 2024 and raising its full year 2024 revenue and adjusted EBITDA outlook
Positive Outlook
- Total revenue of $125 million to $127 million for the second quarter ending June 30, 2024
- Adjusted EBITDA of $37 million to $39 million for the second quarter ending June 30, 2024
- Total revenue of $533 million to $541 million for the year ending December 31, 2024
- Adjusted EBITDA of $174 million to $180 million for the year ending December 31, 2024
- Expect to accelerate revenue growth and profitability from the first quarter in 2024
Revenue & Expenses
Visualization of income flow from segment revenue to net income