Integral Ad Science Holding Corp. (NASDAQ:IAS) Q4 2023 Earnings Conference Call February 27, 2024 5:00 PM ET

Company Participants

Jonathan Schaffer - SVP, IR

Lisa Utzschneider - CEO

Tania Secor - CFO

Conference Call Participants

Andrew Marok - Raymond James

Mark Kelley - Stifel

Brian Fitzgerald - Wells Fargo

Raimo Lenschow - Barclays

Jason Helfstein - Oppenheimer

Tim O'Shea - BMO Capital Markets

Jason Kreyer - Craig-Hallum

Robert Zeller - Truist Securities

Mark Zgutowicz - The Benchmark Company

Omar Dessouky - Bank of America

Operator

Good day and thank you for standing by. Welcome to IAS Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentations, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's call is being recorded.

I will now like to turn the call over to your host, Mr. Jonathan Schaffer, Senior Vice President of Investor Relations. Please go ahead.

Jonathan Schaffer

Thank you. Good afternoon and welcome to the IAS 2023 fourth quarter and full year financial results conference call. I'm joined today by Lisa Utzschneider, CEO, and Tania Secor, CFO.

Before we begin, please note that today's call and prepared remarks contain forward-looking statements. We refer you to the company's filings with the SEC posted on our Investor Relations site at investors.integralads.com for more details about important risks and uncertainties that could cause actual results to differ materially from our expectations.

We will also refer to non-GAAP measures on today's call. A reconciliation of non-GAAP measures to the most directly comparable GAAP measures is contained in today's earnings release available on our Investor Relations site. All financial comparisons unless noted otherwise are based on the prior year period.

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 2023 fourth quarter and year end call. We delivered strong fourth quarter performance ahead of expectations. Revenue grew 14% to $134.3 million at a 35% adjusted EBITDA margin. Full year 2023 revenue increased 16% to $474.4 million at a 34% adjusted EBITDA margin.

Throughout the year, we advanced our commitment to providing the industry's most actionable data and driving superior results for our customers. Our teams focused on maximizing ROI with AI-driven measurement and optimization solutions for our customers with industry-leading products.