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DoubleVerify Stock Plunges Despite Strong Q2 Performance: Here's Why

Benzinga

DoubleVerify Holdings, Inc (NYSE: DV ) stock is trading lower Tuesday after it reported quarterly earnings of $0.07 The company reported quarterly sales of $133.74 Several analysts reacted to the company's performance and acquisition. EBITDA of $40 million was above Patterson and Street estimates of $38 million.

EBITDA 52
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Patterson-UTI Energy Continues M&A Streak, Latest Deal Turns This Analyst Bullish

Benzinga

Patterson-UTI Energy, Inc. billion merger with Nextier Oilfield Solutions Inc (NYSE: NEX ). According to RBC Capital Markets, the company’s free cash flow metrics have improved after it announced these two “sizeable” M&A deals. The deal comes less than a month after the $5.4-billion

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Patterson-UTI Energy Acquires Global Ulterra Drilling Technologies In Cash & Stock Deal

Benzinga

Patterson-UTI Energy, Inc. For 2023, the company expects Ulterra to generate $160 million-$180 million of EBITDA, generating revenue synergies within the first year. NASDAQ: PTEN ) plans to acquire Ulterra Drilling Technologies for $370 million cash and 34.9 million shares of PTEN common stock.

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Patterson-UTI Energy-NexTier Oilfield Make It Official, Announce Merger Of Equals

Benzinga

Patterson-UTI Energy Inc (NASDAQ: PTEN ) and NexTier Oilfield Solutions Inc (NYSE: NEX ) inked an all-stock merger deal of equals, forming a combined company with an enterprise value of approximately $5.4 Post-deal closure, PTEN will own around 55%, and NEX will hold 45% of the combined company.

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3 Reasons Why This Analyst Thinks A Netflix-Roku Deal Will Not Materialize

Benzinga

Streaming equipment maker Roku, Inc. NASDAQ: ROKU ) rallied on Wednesday following a report that said the company is in talks to be acquired by Netflix, Inc. The Roku, Netflix Analyst: Justin Patterson has a Sector Weight rating on Netflix. NASDAQ: NFLX ). The analyst rates Roku an Overweight, with a $160 price target.