March 26, 2024

Ron Finklestien

Direct Digital Holdings Q4 2023 Report: Falling Short of Expectations

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

Source: iQoncept / Shutterstock

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/.

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