Integral Ad Science (IAS) announced its third quarter 2024 financial results on November 12, 2024, reporting total revenue of $133.5 million, an 11% increase year-over-year. The company achieved a net income of $16.1 million, representing a 12% margin, and adjusted EBITDA increased to $50.6 million, resulting in a 38% margin.
The company's CEO, Lisa Utzschneider, highlighted double-digit revenue growth driven by industry-leading products and contributions from new customers, alongside strong adjusted EBITDA performance. IAS also noted new logo wins and additions to its C-level executive team, emphasizing product innovation and AI leverage to deliver customer value.
For the full year 2024, IAS updated its financial outlook, projecting revenue in the range of $590 million to $600 million and adjusted EBITDA between $204 million and $210 million. This updated outlook reflects the strong third-quarter performance and anticipated advertising demand in the fourth quarter, indicating confidence in continued growth.
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