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Direct Digital Q4 2023 Earnings Report

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

Direct Digital EPS Results

Actual EPS
-$0.08
Consensus EPS
$0.28
Beat/Miss
Missed by -$0.36
One Year Ago EPS
$0.01

Direct Digital Revenue Results

Actual Revenue
$41.01 million
Expected Revenue
$66.02 million
Beat/Miss
Missed by -$25.01 million
YoY Revenue Growth
N/A

Direct Digital Announcement Details

Quarter
Q4 2023
Time
After Market Closes

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Direct Digital Earnings Headlines

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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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