Direct Digital Holdings Q4 2023 Report: Falling Short of Expectations

Published On: March 26, 2024 8:57 pm

DRCT stock - DRCT Stock Earnings: Direct Digital Holdings Misses EPS, Misses Revenue for Q4 2023

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Direct Digital Holdings from the NASDAQ exchange under the stock symbol DRCT has recently unveiled their performance charts for the final quarter of 2023.

Dishearteningly, their reported earnings per share stood at a dismal -8 cents, a stark contrast to the anticipated 26 cents as per analyst forecasts.
Further exacerbating the situation, the company’s revenue rang in at $41.01 million, a substantial 37.81% beneath the predicted $65.95 million revenue mark.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/drct-stock-earnings-direct-digital-holdings-for-q4-of-2023/.