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Direct Digital Q3 2023 Earnings Report

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$0.58 -0.06 (-9.13%)
(As of 05:26 PM ET)

Direct Digital Earnings Headlines

U.S. Government: “this could save civilization.”
Experts indicate that ChatGPT alone consumes up to 17,000 times more electricity than the average U.S. household uses in a single day. And with companies like Google and Microsoft implementing AI into everything we do, that energy consumption is only going to exponentially increase. Thing is, outside of a small group of elite investors, nobody has connected the dots on how this military contractor could be the most important company in the AI boom.
Direct Digital price target lowered to $2.50 from $7.50 at Roth MKM
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About Direct Digital

Direct Digital (NASDAQ:DRCT) operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem. It serves various industry verticals, such as travel, healthcare, education, financial services, consumer products, and other sectors with a focus on small and mid-sized businesses. The company was founded in 2018 and is headquartered in Houston, Texas.

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