Integral Ad Science Holding Corp. (NASDAQ:IAS) Q2 2022 Earnings Conference Call August 5, 2022 5:00 PM ET

Company Participants

Jonathan Schaffer - Head of Investor Relations

Lisa Utzschneider - Chief Executive Officer

Joe Pergola - Chief Financial Officer

Conference Call Participants

Brent Thill - Jefferies

Andrew Marok - Raymond James

Mark Mahaney - Evercore ISI

Mark Kelley - Stifel Financial Corp.

Frank Surace - Barclays

Jason Helfstein - Oppenheimer and Company

Operator

Thank you, ladies and gentlemen. My name is Michelle, and I will be your operator today. At this time, I would like to welcome everyone to the conference. Jonathan Schaffer, VP investor Relations, IAS, you may now start your conference.

Jonathan Schaffer

Thank you. Good afternoon, and welcome to the IAS 2022 Second Quarter Financial Results Conference Call. I'm joined today by Lisa Utzschneider, CEO; and Joe Pergola, CFO.

Before we begin, please note that today's call contains forward-looking statements. We refer you to the company's filings with the SEC for more details about important risks and uncertainties that could cause actual results to differ materially from our expectations. On today's call, we will also refer to non-GAAP measures. A reconciliation of non-GAAP measures to the most directly comparable GAAP measures is contained in today's earnings release available in the company's IR site, investor.integralads.com. All financial comparisons, unless noted otherwise, are based on the prior year period.

So with these formalities out of the way, I'd now like to turn the call over to our CEO, Lisa Utzschneider. Lisa, you may begin.

Lisa Utzschneider

Thanks, Jonathan, and welcome, everyone, to our 2022 second quarter earnings call. We delivered strong revenue growth of 34% to $100.3 million with an adjusted EBITDA margin of 31%. We also achieved net income profitability for the second consecutive quarter. I am proud of our team for generating new wins in the quarter, including Red Bull, Tim Hortons, Sherwin-Williams, and WestJet.

We're also excited that LinkedIn selected IAS to provide global ad verification services for their paid media marketing campaigns. This smart win came after extensive technology due diligence against a competitor. It also represents the next step in our global strategic partnership with LinkedIn and parent company Microsoft. Lastly, 7stars, a leading independent agency in the U.K., switched from a direct competitor to IAS based on our efficiency tools and engagement plan.

While we are revising our full-year outlook to reflect global macroeconomic headwinds, today's results exceeded expectations for the quarter. We continue to launch differentiated products that have accelerated our product roadmap to address marketers' evolving needs in a dynamic and fast-paced market.