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Dec 31, 2023
Direct Digital Q4 2023 Earnings Report
Reported Q4 and full-year 2023 results, with full-year revenue up 76% year-over-year.
Key Takeaways
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.
Full-year revenue increased by 76% year-over-year.
Achieved eighth consecutive quarter of double-digit growth.
Full-year net income was $2.0 million.
Issued full-year 2024 revenue guidance of $170 million to $190 million.
Direct Digital
Direct Digital
Direct Digital Revenue by Segment
Revenue by Segment
Sell-side advertising Revenue
CapyFin.comBuy-side advertising Revenue
CapyFin.com Forward Guidance
The company estimates full-year 2024 revenue of $170 million to $190 million, assuming no major deterioration in the U.S. and global economy.
Revenue & Expenses
Visualization of income flow from segment revenue to net income