Digital ad verification company DoubleVerify (NYSE: DV) will be announcing earnings results this Friday before market open. Here’s what investors should know.

DoubleVerify beat analysts’ revenue expectations by 4.5% last quarter, reporting revenues of $189 million, up 21.3% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ revenue estimates.

Is DoubleVerify a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting DoubleVerify’s revenue to grow 12.2% year on year to $190.2 million, slowing from the 17.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.27 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. DoubleVerify has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 2.1% on average.

Looking at DoubleVerify’s peers in the advertising software segment, some have already reported their Q3 results, giving us a hint as to what we can expect. AppLovin delivered year-on-year revenue growth of 17.3%, beating analysts’ expectations by 4.5%, and Integral Ad Science reported revenues up 15.6%, topping estimates by 3.4%. Integral Ad Science’s stock price was unchanged following the results.

Read our full analysis of AppLovin’s results here and Integral Ad Science’s results here.

Investors in the advertising software segment have had steady hands going into earnings, with share prices flat over the last month. DoubleVerify’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $18.50 (compared to the current share price of $11.15).

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