Direct Digital (NASDAQ:DRCT) Releases Earnings Results, Beats Expectations By $0.24 EPS

Direct Digital (NASDAQ:DRCT) released its quarterly earnings results on Thursday. The company reported ($0.54) EPS for the quarter, beating the consensus estimate of ($0.78) by $0.24, Zacks reports. Direct Digital had a negative net margin of 5.61% and a negative return on equity of 25.66%. The business had revenue of $9.08 million for the quarter, compared to the consensus estimate of $13.82 million. Direct Digital updated its FY 2025 guidance to EPS.

Direct Digital Trading Up 71.6 %

NASDAQ DRCT opened at $1.33 on Friday. The company has a market cap of $19.50 million, a price-to-earnings ratio of -1.14 and a beta of 6.61. Direct Digital has a 1-year low of $0.51 and a 1-year high of $16.37. The company has a 50 day moving average of $1.05 and a 200-day moving average of $1.68.

About Direct Digital

Direct Digital Holdings, Inc operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.