Direct Digital Earnings Reports

Direct Digital Holdings saw Q4 2024 revenue fall sharply due to a sell-side disruption, though cost-cutting efforts led to improved operating loss compared to the prior year. The company reported a net loss but noted sequential improvement and strategic initiatives positioning it for recovery.

Direct Digital Holdings reported a challenging quarter with a revenue decrease of 85% compared to the same period last year, primarily due to a disinformation campaign that disrupted business with partners and clients. Despite these challenges, the company has taken steps to address the issues, innovate its business, and secure new financing to support growth initiatives.

Direct Digital Holdings reported strong full-year 2023 results, with a 76% increase in revenue. However, Q4 performance was weaker than expected due to proactive measures taken in response to changing macro industry trends. The company issued full-year 2024 revenue guidance of $170 million to $190 million.

Direct Digital Holdings reported strong third quarter 2023 results, with revenue increasing by 129% year-over-year to $59.5 million. The company raised its full-year 2023 revenue guidance to $170 million - $190 million.

Direct Digital Holdings reported a 67% year-over-year increase in revenue to $35.4 million for the second quarter of 2023. The company raised its full-year 2023 revenue guidance due to these strong Q2 results.

Direct Digital Holdings reported an 87% year-over-year increase in revenue for Q1 2023, reaching $21.2 million. The company saw strong topline growth across both its sell- and buy-side businesses.

Direct Digital Holdings reported strong financial results for Q4 2022, with revenue up 128% to $29.4 million. The company saw robust financial performance, significant operational expansion and continued gains in market share.