Integral Ad Science Holding Second Quarter 2024 Earnings: Beats Expectations

Integral Ad Science Holding (NASDAQ:IAS) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$129.0m (up 14% from 2Q 2023).
• Net income: US$7.69m (flat on 2Q 2023).
• Profit margin: 6.0% (down from 6.8% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.048.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Integral Ad Science Holding Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 109%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Media industry in the US.

Performance of the American Media industry.

The company's shares are up 6.8% from a week ago.

Risk Analysis

Be aware that Integral Ad Science Holding is showing 3 warning signs in our investment analysis that you should know about...

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