Direct Digital Holdings

Direct Digital Holdings, Inc. is a full-service programmatic advertising platform that focuses on providing advertising technology, data-driven campaign optimization and other solutions to underserved markets on both the buy- and sell-side of the digital advertising ecosystem. It has offerings across multiple industry verticals such as travel, healthcare, education, financial services, and consumer products with an emphasis on small- and mid-sized businesses transitioning into digital with digital media budgets. The company was founded by Mark D. Walker and Keith W. Smith on June 21, 2018 and is headquartered in Houston, TX.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q2 2024

Earnings data Q1 2024

Earnings data Q3 2024

Earnings data Q4 2024

Direct Digital Holdings faces revenue decline but strategizes for growth

Direct Digital Holdings (DRCT) faced significant revenue declines in Q3 2024 but demonstrated resilience through strategic initiatives and cost-saving measures to drive future growth.
Despite challenges, DRCT provided revenue guidance for FY 2024 and FY 2025, showcasing confidence in their ability to navigate the current environment and pursue growth opportunities.
The company's focus on revenue diversification, operational efficiency, and new service offerings positions them well to recover from setbacks and capitalize on market opportunities.
DRCT's proactive approach to addressing challenges and leveraging opportunities underscores a commitment to long-term success and sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Direct Digital Holdings, Inc. engages in an end-to-end, full-service programmatic advertising platform, which focuses on advertising technology, data-driven campaign optimization and other solutions. It operates across multiple industry verticals such as travel, healthcare, education, financial services, and consumer products with an emphasis on small- and mid-sized businesses transitioning into digital with digital media budgets. The company was founded by Mark D. Walker and Keith W. Smith on June 21, 2018 and is headquartered in Houston, TX.

Perion Network

Sprout Social

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.

3 High-Risk, High-Reward Small-Cap Stocks to Buy Now

Colossus SSP's Inclusive Marketplace Approach to Further Advance SHE Media's Work in Fueling Growth of Women-Owned & Diverse-Owned Properties HOUSTON and NEW YORK , Feb. 15, 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"), announced today that SHE Media, the top 10 lifestyle media group that includes SheKnows, Flow Space, StyleCaster, Soaps and BlogHer, has selected Colossus SSP as a new supply-side platform partner. Colossus SSP has a strong track-record in connecting advertisers with a truly inclusive audience, at scale, tapping into a range of multicultural / diverse publishers, as well as top-tier general market media.

SHE Media Launches Strategic Partnership with Direct Digital Holdings' Colossus SSP to Increase Advertiser Access to a Powerful Female Audience

Amazon

Trade Desk

Investors can accumulate stocks and generate long-term returns with a buy-and-hold strategy. While growth stocks can deliver exceptional gains over vast time horizons, some investors want gains sooner.

3 Stocks Poised to Deliver Sweet Returns Before Valentine's Day

Axcelis Technologies

PayPal

Value investors follow Benjamin Graham's investment philosophy and look for equities that offer a reasonable margin of safety. While this strategy can help value investors avoid high-growth stocks that crash, they also tend to miss out on stocks like Nvidia (NASDAQ: NVDA ).

The 3 Best Value Stocks to Invest In for Big Gains in 2024

Alphabet

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.

Buy Alert: 3 Tech Stocks Sitting in the Sweet Spot

Duolingo

NVIDIA

Semrush Holdings

Wingstop

Palo Alto Networks

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.

7 Stocks to Buy Now for Massive Growth Potential in 2024

Direct Digital Holdings has strong growth potential and raised its revenue guidance for fiscal 2023, indicating confidence in its growth strategies. The company is pursuing strategic partnerships, including one with Amazon, to increase access to premium advertising. The valuation of the shares is a concern, but the company's strong growth prospects make it worth considering for a higher-risk portfolio.

Direct Digital: Worth Buying Despite Valuation Risks

Gigacloud Tech

Griffon

Lakeland Industries

Photronics

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are GCT, PLAB, GFF, LAKE and DRCT.

5 Stocks With Recent Price Strength to Grab Now

Direct Digital Holdings, Inc. (DRCT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Here's Why Momentum in Direct Digital Holdings, Inc. (DRCT) Should Keep going

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Direct Digital Holdings, Inc. ("DDH" or the "Company") (NASDAQ: DRCT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Direct Digital Holdings, Inc. - DRCT

HOUSTON , Dec. 18, 2023 /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 management will participate in the 2024 ICR Conference on January 8-10, 2024 at the Grande Lakes Resort in Orlando, FL. Mark D. Walker, Chairman and Chief Executive Officer of Direct Digital Holdings, will participate in a fireside chat on Tuesday, January 9, 2024 at 8:00 AM ET.

Direct Digital Holdings to Participate in the 2024 ICR Conference

Does Direct Digital Holdings, Inc. (DRCT) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Direct Digital Holdings, Inc. (DRCT) a Strong Momentum Stock: Buy Now?

Direct Digital Holdings, Inc. reported strong Q3 2023 financial results, beating revenue and earnings estimates. The company operates buy-side and sell-side programmatic online advertising platforms. Despite its recent stock price growth, there is still potential for further gains due to the company's sell-side platform's growth potential.

Direct Digital's Growth Outlook Looks Bright

Direct Digital Holdings, Inc. (DRCT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Direct Digital Holdings, Inc. (DRCT) Stock

Direct Digital Holdings, Inc. (DRCT) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, DRCT's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

Direct Digital Holdings, Inc. (DRCT) Just Flashed Golden Cross Signal: Do You Buy?

Direct Digital Holdings, Inc. (DRCT) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

What Makes Direct Digital Holdings, Inc. (DRCT) a Good Fit for 'Trend Investing'

HOUSTON , Nov. 20, 2023 /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 management will participate in the Noble Capital Markets 19th Annual Emerging Growth Equity Conference on December 3-5, 2023 at Florida Atlantic University in Boca Raton, FL. The conference will consist of one-on-one and small group meetings providing investors the opportunity to hear from and meet with Direct Digital Holdings' management team.

Direct Digital Holdings to Participate in the Noble Capital Markets 19th Annual Emerging Growth Equity Conference

Comtech Telecommunications

Carrols Restaurant Group

Small-cap stocks have roared following favorable inflation data, undoubtedly a welcomed development after an extended period of underperformance primarily driven by a hawkish Federal Reserve. They are known for their explosive nature, typically seeing interest from those with higher risk tolerance.

3 Top-Ranked Small-Caps to Buy for Big Growth

Direct Digital Holdings, Inc. (DRCT) Is Up 49.63% in One Week: What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 70.1% in Direct Digital Holdings, Inc. (DRCT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Direct Digital Holdings, Inc. (DRCT) Could Rally 70.14%: Here's is How to Trade

Direct Digital Holdings, Inc. (DRCT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover Direct Digital Holdings, Inc. (DRCT) Is a Great Choice for Value Investors

HOUSTON , Nov. 13, 2023 /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 the Company has placed 108th on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 29th year. During the measurement period, Direct Digital Holdings grew 1,325%, making it the 8th ranked company in Deloitte's Digital Content / Media / Entertainment division.

Direct Digital Holdings Ranked Number 108th Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

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.

Direct Digital Holdings, Inc. (DRCT) Q3 2023 Earnings Call Transcript

Third Quarter 2023 Revenue Up 129% Year-Over-Year to $59.5 Million Company Raises Full-Year 2023 Revenue Guidance to $170 Million - $190 Million HOUSTON , Nov. 9, 2023 /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 financial results for the third quarter ended September 30, 2023. Mark D. Walker, Chairman and Chief Executive Officer, commented, "In recent quarters, we have made significant investments in our technology stack, advertising platform and operational structure.

Direct Digital Holdings Reports Third Quarter 2023 Financial Results

HOUSTON , Oct. 31, 2023 /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 management will participate in the ROTH MKM 12th Annual New York Technology Conference on November 15, 2023 at The Yale Club in New York, NY. The conference will consist of one-on-one / small group meetings providing investors the opportunity to hear from and meet with Direct Digital Holdings' management team.

News for Direct Digital Holdings Stock (DRCT)