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  "documentTitle": "DoubleVerify Holdings, Inc. (DV)",
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  "presentationDate": "2023-05-02 00:00:00",
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      "text": "For high growth and high multiple technology stocks, missing revenues is like the kiss of death for the stock price.",
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      "text": "DV recently made suspicious revisions to its TAM claim, while organic revenue growth is slowing",
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      "text": "share price: 35% - 45%",
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      "text": "DV had a material weakness of internal controls... changed the wording of its revenue recognition policy... extreme volatility in Q4 2022 international revenue... evidence to suggest expense shifting that aided earnings.",
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      "text": "At its IPO in April 2021, DV sold investors on large and growing Total Addressable Market... DV doesn't disclose the contribution to revenues from acquisitions... magnitude of its top-line quarterly revenue beats has been shrinking.",
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      "text": "Spruce Point Estimates 35% - 45% ($15.90-$18.80/sh) Downside Risk To DoubleVerify (DV) Share Price",
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