Direct Digital (NASDAQ:DRCT) Issues Earnings Results, Beats Estimates By $0.24 EPS

Direct Digital (NASDAQ:DRCT) announced its quarterly earnings data on Thursday. The company reported ($0.54) EPS for the quarter, beating the consensus estimate of ($0.78) by $0.24, Zacks reports. The business had revenue of $9.08 million during the quarter, compared to the consensus estimate 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 Stock Up 71.6 %

NASDAQ:DRCT opened at $1.33 on Friday. Direct Digital has a twelve month low of $0.51 and a twelve month high of $16.37. The stock’s 50-day simple moving average is $1.05 and its 200 day simple moving average is $1.68. The firm has a market capitalization of $19.50 million, a PE ratio of -1.14 and a beta of 6.61.

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.