Integral Ad Science (NASDAQ:IAS) Releases Earnings Results, Beats Expectations By $0.02 EPS

Integral Ad Science (NASDAQ:IASGet Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02, Briefing.com reports. Integral Ad Science had a return on equity of 0.31% and a net margin of 0.57%. The company had revenue of $133.50 million during the quarter, compared to analyst estimates of $138.06 million. During the same quarter in the previous year, the firm earned ($0.09) earnings per share. Integral Ad Science’s revenue was up 11.0% on a year-over-year basis. Integral Ad Science updated its FY 2024 guidance to EPS and its Q4 2024 guidance to EPS.

Integral Ad Science Stock Down 0.8 %

Shares of NASDAQ:IAS opened at $12.62 on Wednesday. Integral Ad Science has a 1 year low of $7.98 and a 1 year high of $17.53. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.76 and a quick ratio of 3.76. The stock’s 50-day moving average is $11.13 and its 200 day moving average is $10.46. The company has a market cap of $2.04 billion, a PE ratio of 1,263.26, a P/E/G ratio of 1.91 and a beta of 1.52.

Analyst Ratings Changes

Several research firms have recently weighed in on IAS. Morgan Stanley raised their price objective on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 23rd. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research note on Monday, August 5th. Raymond James upped their price objective on Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Finally, Barclays raised their price objective on Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $16.40.

Read Our Latest Analysis on IAS

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $52,976.40. Following the completion of the transaction, the chief financial officer now directly owns 248,223 shares in the company, valued at approximately $2,509,534.53. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Lisa Utzschneider sold 10,481 shares of Integral Ad Science stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $105,962.91. Following the sale, the chief executive officer now directly owns 239,709 shares in the company, valued at $2,423,457.99. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Tania Secor sold 5,240 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $52,976.40. Following the completion of the transaction, the chief financial officer now owns 248,223 shares of the company’s stock, valued at approximately $2,509,534.53. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,006 shares of company stock worth $240,296. 2.00% of the stock is currently owned by insiders.

About Integral Ad Science

(Get Free Report)

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Ireland, Germany, Italy, Singapore, Australia, Japan, India, and the Nordics. The company provides IAS Signal, a cloud-based technology platform that offers return on ad spend needs; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.

See Also

Earnings History for Integral Ad Science (NASDAQ:IAS)

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