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 Q2 2023

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.

Direct Digital Holdings, Inc. (NASDAQ:DRCT ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Brett Milotte – Senior Vice President-Investor Relations Mark Walker – Chief Executive Officer and Founder Susan Echard – Chief Financial Officer Conference Call Participants Dan Kurnos – The Benchmark Company Darren Aftahi – ROTH Capital Partners Michael Kupinski – Noble Capital Markets Operator Thank you for standing by. And welcome to the Direct Digital Holdings' Third Quarter 2022 Earnings Conference Call.

Direct Digital Holdings, Inc. (DRCT) Q3 2022 Earnings Call Transcript

Third Quarter 2022 Revenue Up 211% Year-Over-Year to $26.0 Million Third Quarter Net Income Up Year-Over-Year to $0.8 Million, or $0.06 per Share Company Raises Revenue Guidance to $85 Million-$90 Million for Full-Year 2022 HOUSTON , Nov. 10, 2022 /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, 2022. Mark Walker, Chairman and Chief Executive Officer of Direct Digital Holdings, commented, "We are pleased to report strong revenue and EBITDA for the third quarter of 2022, demonstrating strong growth across both our sell- and buy-side business segments and continued expansion of our portfolio and client reach.

Direct Digital Holdings Reports Third Quarter 2022 Financial Results

NEW YORK , Oct. 25, 2022 /PRNewswire/ -- CafeMedia, the ninth-largest digital property in the U.S. and the leader in ad management, announced today it has partnered with Colossus SSP, Direct Digital Holdings' (Nasdaq: DRCT) supply-side advertising platform, to connect advertisers with its vast multicultural audiences and enable advertisers to diversify their programmatic spend. Since launching the partnership in May, Colossus SSP has quickly become a top-five monetization partner and delivered high incremental revenue to CafeMedia's network of sites.

CafeMedia and Colossus SSP partner to connect advertisers to the largest network of minority-, women-, and veteran-owned sites

HOUSTON , Oct. 13, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform through its operating companies Colossus Media, LLC, ("Colossus SSP") Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange 142"), today announced that it will report financial results for the third quarter 2022 on November 10, 2022. Management will discuss the results via webcast after market close.

Direct Digital Holdings to Report Third Quarter 2022 Financial Results

Direct Digital (DRCT) is expanding both buy-side and sell-side advertising.

Reasons to Add Direct Digital (DRCT) Stock to Your Portfolio

Harte Hanks

Interpublic Group of Companies

The Zacks Advertising and Marketing industry's prospects look good on healthy manufacturing and service activities. IPG, HHS and DRCT are likely to be industry frontrunners on digital marketing surge and client-centric strategies.

3 Stocks to Watch From the Thriving Advertising & Marketing Industry

Proven Track-Record in Delivering Revenue & Channel Development Results in the Energy Sector to Power Direct Digital Holdings' Business Development HOUSTON, Aug. 22, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT), a leading advertising and marketing technology platform and owner of operating companies Colossus SSP, Huddled Masses, and Orange 142, announced today that Maria Vilchez Lowrey has joined as Chief Growth Officer. In this newly created role, reporting to Chairman and CEO Mark Walker as a member of Direct Digital Holdings' leadership team, Vilchez Lowrey is responsible for leading business development, channel development, and integrating the management of brand related activities across Direct Digital Holdings' portfolio of brands.

Direct Digital Holdings Appoints Maria Vilchez Lowrey as Chief Growth Officer for Next Phase of Growth

Direct Digital Holdings, Inc. (DRCT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Direct Digital Holdings, Inc. (DRCT) Upgraded to Buy: What Does It Mean for the Stock?

Direct Digital Holdings, Inc. (NASDAQ:DRCT ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Mark Walker - Chairman and Chief Executive Officer Susan Echard - Chief Financial Officer Brett Milotte - Investor Relations, ICR, Inc Conference Call Participants Daniel Kurnos - The Benchmark Company Darren Aftahi - ROTH Capital Partners Michael Kupinski - Noble Capital Markets Operator Thank you for standing by. This is the conference operator.

Direct Digital Holdings, Inc. (DRCT) CEO Mark Walker on Q2 2020 Results - Earnings Call Transcript

Second Quarter 2022 Revenue Up 90% Year-Over-Year to $21.3 Million Second Quarter Net Income Up 58% Year-Over-Year to $2.6 Million, or $0.18 per Share Company Raises Guidance to $70 Million-$75 Million for Full-Year 2022 HOUSTON , Aug. 11, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital" or the "Company"), a leading advertising and marketing technology platform through its operating companies Colossus Media, LLC ("Colossus Media"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced financial results for the second quarter ended June 30, 2022. Mark Walker, Chairman and Chief Executive Officer of Direct Digital, commented, "We are pleased to report record revenue for the second quarter of 2022, demonstrating the strong growth driven by our business model.

Direct Digital Holdings Reports Second Quarter 2022 Financial Results

HOUSTON, Aug. 4, 2022  /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology platform and owner of operating companies Colossus SSP, Huddled Masses and Orange 142, will report financial results for the second quarter ended June 30, 2022, on Thursday, August 11, 2022 after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 P.M.

Reminder: Direct Digital Holdings to Report Second Quarter 2022 Financial Results

Aclarion Inc

MSP Recovery Inc

Low float penny stocks to watch right now. The post 3 Low Float Penny Stocks To Watch After KSPN Stock Explodes 180% appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

3 Low Float Penny Stocks To Watch After KSPN Stock Explodes 180%

HOUSTON , Aug. 3, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital" or the "Company"), a leading advertising and marketing technology platform and owner of operating companies Colossus Media, LLC, Huddled Masses LLC and Orange142, LLC, today announced the successful completion of an extension to its existing debt facility. Direct Digital upsized its existing funded credit facility with Lafayette Square, a commercially scaled investment platform.

Direct Digital Holdings Announces Successful Extension To Existing Non-Dilutive Debt Facility

Direct Digital Holdings, Inc's (NASDAQ: DRCT) supply-side advertising platform, Colossus SSP, clocked 540% year-on-year revenue growth in Q1 of 2022. This uptick comes on the heels of Y/Y revenue growing by 330% between 2020 - 2021 and a triple-digit increase the previous year,.

Why Direct Digital Shares Are Skyrocketing Today

SSP Kicked Off 2022 With Significant Revenue Growth – Q1 2021 vs Q1 2022 Marks 540% Upswing – Driven by Diverse Marketplace Approach & Opportunity for Marketers to Invest in Under-Represented Communities HOUSTON , July 20, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) announced today that its supply-side advertising platform, Colossus SSP, had a strong first quarter, with comparisons between Q1 2021 to Q1 2022 showing a 540 percent surge in revenue. This uptick comes on the heels of year-over-year revenue growing by 330 percent between 2020 and 2021, as well as a triple digit increase the previous year, with the platform's revenue rising by 235 percent between 2019 and 2020.

GROWTH OF DIRECT DIGITAL HOLDINGS' COLOSSUS SSP REFLECTS STRONG RESULTS GENERATED FOR MULTICULTURAL & GENERAL MARKET PUBLISHERS AND LEADING BRANDS

HOUSTON , July 15, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology platform, is pleased to announce that Noble Capital Markets has initiated company-sponsored equity research coverage on the Company. The full report by Noble Capital Markets Senior Research Analyst Michael Kupinski, as well as news and advanced market data on Direct Digital Holdings, is available on Channelchek.

Noble Capital Markets Initiates Equity Research Coverage on Direct Digital Holdings

HOUSTON , July 11, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology platform, will report financial results for the second quarter ended June 30, 2022, on Thursday, August 11, 2022 after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 P.M.

Direct Digital Holdings to Report Second Quarter 2022 Financial Results

HOUSTON , July 1, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that it has been named a top minority-owned business by The Houston Business Journal ("HBJ"). Direct Digital Holdings, Inc. was ranked number 16 out of 25 companies named by HBJ.

Direct Digital Holdings Voted as Top Minority-Owned Business by The Houston Business Journal

Charged with Executing the School's Digital Advertising & Enrollment Marketing HOUSTON , June 29, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) today announced that its buy-side advertising platform, Orange142, LLC, has been selected as the digital advertising services provider for Emory University's Goizueta Business School. During the one-year agreement, Orange142, LLC will lead digital advertising for enrollment marketing, and facilitate enrollment marketing for Goizueta's One-Year MBA, Two-Year MBA, Evening MBA, Executive MBA (on-campus and hybrid formats), Master of Analytical Finance, and MS in Business Analytics programs.

ORANGE142 TAPPED BY EMORY'S GOIZUETA BUSINESS SCHOOL AS DIGITAL ADVERTISING SERVICES PROVIDER

HOUSTON, May 31, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that Keith Smith, President and Co-Founder of Direct Digital Holdings, and Susan Echard, Chief Financial Officer of Direct Digital Holdings, will participate in the LD Micro Invitational XII investor conference at the Four Seasons Westlake Village in California from June 7 to June 9, 2022. For more information, or to schedule a meeting with management, please visit: https://ldinv12.mysequire.com/ or contact your Sequire representative.

Direct Digital Holdings to Participate in the LD Micro Invitational XII

HOUSTON , May 27, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that Mark Walker, Chief Executive Officer and Co-Founder of Direct Digital Holdings, will participate in the Loop Capital Markets 2022 Investor Conference on June 2, 2022 to be held at The Westin New York in Times Square. For more information, or to schedule a meeting with management, please reach out to your Loop Capital Markets representative.

Direct Digital Holdings to Participate in the Loop Capital Markets 2022 Investor Conference

Direct Digital Holdings, Inc. (NASDAQ:DRCT ) Q1 2022 Results Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Brett Milotte - IR, ICR Mark Walker - CEO Susan Echard - CFO Conference Call Participants Daniel Kurnos - The Benchmark Company Darren Aftahi - ROTH Capital Partners Operator Welcome to the Direct Digital Holdings First Quarter 2022 Earnings Call. At this time, all participants will be in a listen-only mode.

Direct Digital Holdings, Inc. (DRCT) CEO Mark Walker on Q1 2022 Results - Earnings Call Transcript

First Quarter 2022 Revenue Up 100% Year-Over-Year to $11.4 Million HOUSTON , May 12, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology platform, announced financial results for the first quarter ended March 31, 2022. Chairman and Chief Executive Officer Mark Walker said, "We are pleased to report record revenue for the first quarter of 2022, which demonstrates the increasing value of Direct Digital's world-class buy- and sell-side advertising platform for middle-market clients.

Direct Digital Holdings Reports First Quarter 2022 Financial Results

HOUSTON , May 11, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology holding group, will report financial results for the first quarter ended March 31, 2022, on Thursday, May 12, 2022 after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m.

Reminder: Direct Digital Holdings to Report First Quarter 2022 Financial Results

HOUSTON , April 19, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) today announced that Mark Walker, Chief Executive Officer and Founder of Direct Digital Holdings, and Keith Smith, President and Founder of Direct Digital Holdings, will present at NobleCon18 - Noble Capital Markets' Eighteenth Annual Investor Conference at the Hard Rock Hotel & Casino in Hollywood, Florida on Thursday, April 21 at 1:30pm ET. There is also the opportunity to meet the management team at a breakout session scheduled for Thursday, April 21 at 10:00am ET.

News for Direct Digital Holdings Stock (DRCT)