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

Direct Digital (NASDAQ:DRCT) issued its earnings results on Thursday. The company reported ($0.54) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.78) by $0.24, Zacks reports. The firm had revenue of $9.08 million for the quarter, compared to analysts’ expectations of $13.82 million. Direct Digital had a negative net margin of 5.61% and a negative return on equity of 25.66%. Direct Digital updated its FY 2025 guidance to EPS.

Direct Digital Trading Down 45.1 %

Shares of NASDAQ DRCT opened at $0.73 on Friday. The company has a market cap of $10.70 million, a price-to-earnings ratio of -0.62 and a beta of 6.61. The stock’s 50 day simple moving average is $1.04 and its 200 day simple moving average is $1.66. Direct Digital has a 12-month low of $0.51 and a 12-month high of $14.86.

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.