By Katherine Hamilton
Integral Ad Science shares increased after its revenue for the fourth quarter and first-quarter outlook beat Wall Street's expectations.
The stock rose 14% to $10.99. Shares are up 9.6% over the past year.
The digital ad verifier on Friday posted a profit of $15.3 million, or 9 cents a share, for the three months ended Dec. 31, compared with $10.2 million, or 6 cents a share, the prior year.
Revenue increased 14% to $153.0 million, ahead of analysts' expectations of $148.8 million, according to FactSet. It also beat the company's own guidance, which was $150 million at the high end.
In the first quarter of 2025, IAS guided for revenue to be $128 million to $131 million, ahead of the $126.5 million analysts polled by FactSet were expecting. IAS anticipates a revenue range of $558 million to $600 million for the full year, while Wall Street was estimating $588.8 million.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 28, 2025 12:39 ET (17:39 GMT)
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