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Direct Digital Holdings(DRCT) - 2023 Q4 - Annual Results
2024-03-26 20:01
Exhibit 99.1 Direct Digital Holdings Reports Q4 & Full-Year 2023 Results Company’s Full-Year 2023 Revenue Up 76% Year-Over-Year to $157.1 Million, the Eighth Consecutive Quarter of Double-Digit Growth Full-Year 2023 Net Income of $2.0 million; Adjusted EBITDA Up 11% Year-Over-Year to $11.3 Million Company Issues Full-Year 2024 Revenue Guidance of $170 Million – $190 Million Houston, March 26, 2024 -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading adverti ...
Direct Digital Holdings Announces Rescheduling of Fourth Quarter and FY 2023 Financial Results Release and Conference Call
Prnewswire· 2024-03-20 20:01
HOUSTON, March 20, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that the earnings call originally scheduled for March 21, 2024 at 5:00 PM ET will be postponed to March 26, 2024 at 5:00 PM ET to provide additional time to complete t ...
What to Expect From Direct Digital's (DRCT) Q4 Earnings?
Zacks Investment Research· 2024-03-20 17:50
Direct Digital Holdings, Inc. (DRCT) is scheduled to release its fourth-quarter 2023 results on Mar 21, after the bell.The company has an impressive earnings surprise history. It outperformed the Zacks Consensus Estimate in two of the four trailing quarters, matched once and missed once, delivering an earnings surprise of 70.2% on average.Q4 ExpectationsThe Zacks Consensus Estimate for the top line in the to-be-reported quarter is currently pegged at $66 million, indicating more than 100% growth from the ye ...
Direct Digital Holdings Partners with FreeWheel
Prnewswire· 2024-02-28 14:00
Integration Between Holding Group's Colossus SSP and FreeWheel to Provide Enhanced Connections to Demand to Increase Ability for Advertisers to Reach Audiences at Scale on CTVHOUSTON and NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange 142, LLC ("Orange 1 ...
3 High-Risk, High-Reward Small-Cap Stocks to Buy Now
InvestorPlace· 2024-02-19 11:27
Small-cap stocks can produce some of the largest gains in the stock market. These stocks often fly under the radar because fewer analysts do the necessary research to find them. Furthermore, they aren’t plastered all over the news like the Magnificent Seven stocks. This has led to this list of high-risk, high-reward small-cap stocks.Investing in small cap stocks is riskier because there’s more research involved. You won’t be able to turn to many media sources to find this information, and you will have to i ...
Buy Alert: 3 Tech Stocks Sitting in the Sweet Spot
InvestorPlace· 2024-01-29 23:00
Some tech stocks give investors the opportunity to earn meaningful long-term returns. These stocks can outperform the market over several years due to their compelling opportunities and massive runways.After a slow start to the year, many major indices like the Nasdaq 100 and S&P 500 are up by several percentage points year to date (YTD). Rallies in tech stocks have generated plenty of buzz to start 2024, and many of them are up YTD.Investors looking to compound their returns at a faster pace than the marke ...
7 Stocks to Buy Now for Massive Growth Potential in 2024
InvestorPlace· 2024-01-26 20:05
Constructing a portfolio takes a lot of time and effort. It’s even more tedious to craft a portfolio that aligns with your financial goals. Some investors seek to grow their portfolios by as much as possible. They are willing to take risks but don’t want to take on speculative investments. Distinguishing between those types of assets can help investors realize higher returns in the long run.Direct Digital Holdings (DRCT)Source: weedezign via ShutterstockDirect Digital Holdings (NASDAQ:DRCT) looks like a hid ...
Direct Digital: Worth Buying Despite Valuation Risks
Seeking Alpha· 2024-01-25 14:11
Andrii Yalanskyi Direct Digital Holdings (NASDAQ:DRCT) is one of the most exciting recent IPOs, and the firm looks positioned for significant growth. Due to strong earnings estimates, the market has valued the stock highly. While the company looks to have a promising next decade ahead, I believe investors should be cautious and consider how a potential slowdown in growth could affect the stock at its current valuation. 2024 Operations Update Direct Digital Holdings operates through Colossus SSP, Huddled Mas ...
Direct Digital Holdings(DRCT) - 2023 Q3 - Earnings Call Transcript
2023-11-11 14:23
Direct Digital Holdings, Inc. (NASDAQ:DRCT) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Brett Milotte - ICR Mark Walker - CEO, Co-Founder & Chairman Diana Diaz - CFO Conference Call Participants Dillon Heslin - ROTH MKM Daniel Kurnos - The Benchmark Company Michael Kupinski - Noble Financial Capital Markets Operator Good afternoon. My name is Abbie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Direct Digital Holding ...
Direct Digital Holdings(DRCT) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2023 OR ☐ TRANSITION REPORT PURSUANT SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-41261 _________________________________________________________ DIRECT DIGITAL HOLDINGS, INC. (Exact name of registrant as spec ...