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.

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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.

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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.

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The latest trading day saw Direct Digital Holdings, Inc. (DRCT) settling at $10.06, representing a -1.85% change from its previous close.

Direct Digital Holdings, Inc. (DRCT) Falls More Steeply Than Broader Market: What Investors Need to Know

Direct Digital Holdings is a US-based company providing solutions for stakeholders in the digital advertising and marketing space. DRCT's stock price has seen significant growth, reaching an all-time high of $32 before a correction to $12.

Direct Digital: Appears Oversold Despite Strong Partnership Developments

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Direct Digital Holdings, Inc. (“Direct Digital” or the “Company”) (NASDAQ: DRCT) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Direct Digital investments or would like to inquire about potentially pursuing claims to recover your loss under.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Direct Digital Holdings, Inc. (DRCT) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Direct Digital Holdings, Inc. (“Direct Digital” or the “Company”) (NASDAQ: DRCT) investors concerning the Company's possible violations of federal securities laws. On March 26, 2024, Direct Digital released its fourth quarter and full year 2023 financial results, missing revenue growth estimates due to “efforts . . . to accelerate the transition towards a cookie-less advertising platform.” On.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Direct Digital Holdings, Inc. (DRCT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Direct Digital Holdings, Inc. (“Direct Digital” or the “Company”) (NASDAQ: DRCT) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On March 26, 2024, Direct Digital released its fourth quarter and full year 2023 financial results, missing revenue growth estimates due to “efforts . . . t.

The Law Offices of Frank R. Cruz Announces Investigation of Direct Digital Holdings, Inc. (DRCT) on Behalf of Investors

Report Also Reveals Mainstream Tipping Point, as Multicultural/Diverse Consumers Drive Brand Choices for 57% of the General Population HOUSTON , April 2, 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 ("Orange 142"), today released a new whitepaper, Cracking the Code: How Multicultural & Gen Z Reshape Mainstream Marketing. The paper features exclusive research along with insights from industry leaders and academics.

81% of Gen Zers Say Multicultural/Diverse Communities Greatly Shape Brand Preferences, According to Direct Digital Holdings' Research

Direct Digital (NASDAQ: DRCT ) stock is falling on Wednesday after the programmatic advertising platform company released its earnings report for Q4 2023. Direct Digital starts off its report with diluted earnings per share of -8 cents.

Why Is Direct Digital (DRCT) Stock Down 45% Today?

Direct Digital Holdings, Inc. (DRCT) Q4 2023 Earnings Call Transcript

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(1) 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 /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"), Orange142, LLC ("Orange 142") and Huddled Masses LLC ("Huddled Masses"), today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. Mark D. Walker, Chairman and Chief Executive Officer, commented, "2023 was another transformational year for Direct Digital Holdings, achieving remarkable year-over-year revenue growth of 76% as well as dramatic operational expansion, and impressive results for our shareholders.

Direct Digital Holdings Reports Q4 & Full-Year 2023 Results

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 the audit of its financial statements. For further information, please contact investors@directdigitalholdings.com.

Direct Digital Holdings Announces Rescheduling of Fourth Quarter and FY 2023 Financial Results Release and Conference Call

Direct Digital's (DRCT) earnings and revenues in fourth-quarter 2023 are likely to increase year over year.

What to Expect From Direct Digital's (DRCT) Q4 Earnings?

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HOUSTON , Feb. 29, 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 Company will report financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 on Thursday, March 21, 2024 after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 PM ET to discuss the results.

Direct Digital Holdings to Report Fourth Quarter & Full Year 2023 Financial Results

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 CTV HOUSTON 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 142"), announced a new partnership with FreeWheel, a global technology platform for the television advertising industry. The agreement builds on Direct Digital Holdings' buy- and sell-side relationship with Beeswax, FreeWheel's programmatic buying platform.

Direct Digital Holdings Partners with FreeWheel

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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

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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

News for Direct Digital Holdings Stock (DRCT)