DoubleVerify (DV) reported Q4 net income late Thursday of $23.4 million, down from $33.1 million a year earlier.

Analysts polled by FactSet expected $31.7 million.

Revenue for the quarter ended Dec. 31 was $190.6 million, up from $172.2 million a year earlier.

Analysts surveyed by FactSet expected $196.8 million.

The company said it expects Q1 revenue of $151 million to $155 million. Analysts surveyed by FactSet forecast $158.3 million.

For 2025, the company estimates revenue growth of about 10%.

The company's shares were down more than 14% in after-hours activity.

Price: 18.60, Change: -3.13, Percent Change: -14.40