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Integral Ad Science: Q1 Earnings Snapshot
NEW YORK (AP) _ Integral Ad Science Holding Corp. (IAS) on Wednesday reported first-quarter profit of $1.2 million.
The New York-based company said it had net income of 1 cent per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The digital advertising verification company posted revenue of $89.2 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $86.4 million.
For the current quarter ending in July, Integral Ad Science said it expects revenue in the range of $97 million to $99 million.
The company expects full-year revenue in the range of $418 million to $424 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IAS at https://www.zacks.com/ap/IAS