Direct Digital Holdings

Direct Digital Holdings, Inc. is a full-service programmatic advertising platform that focuses on providing advertising technology, data-driven campaign optimization and other solutions to underserved markets on both the buy- and sell-side of the digital advertising ecosystem. It has offerings across multiple industry verticals such as travel, healthcare, education, financial services, and consumer products with an emphasis on small- and mid-sized businesses transitioning into digital with digital media budgets. The company was founded by Mark D. Walker and Keith W. Smith on June 21, 2018 and is headquartered in Houston, TX.

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Direct Digital Holdings faces revenue decline but strategizes for growth

Direct Digital Holdings (DRCT) faced significant revenue declines in Q3 2024 but demonstrated resilience through strategic initiatives and cost-saving measures to drive future growth.
Despite challenges, DRCT provided revenue guidance for FY 2024 and FY 2025, showcasing confidence in their ability to navigate the current environment and pursue growth opportunities.
The company's focus on revenue diversification, operational efficiency, and new service offerings positions them well to recover from setbacks and capitalize on market opportunities.
DRCT's proactive approach to addressing challenges and leveraging opportunities underscores a commitment to long-term success and sustainable growth.

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Direct Digital Holdings, Inc. engages in an end-to-end, full-service programmatic advertising platform, which focuses on advertising technology, data-driven campaign optimization and other solutions. It operates across multiple industry verticals such as travel, healthcare, education, financial services, and consumer products with an emphasis on small- and mid-sized businesses transitioning into digital with digital media budgets. The company was founded by Mark D. Walker and Keith W. Smith on June 21, 2018 and is headquartered in Houston, TX.

Direct Digital Holdings, Inc. (DRCT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Here's Why Momentum in Direct Digital Holdings, Inc. (DRCT) Should Keep going

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Direct Digital Holdings, Inc. ("DDH" or the "Company") (NASDAQ: DRCT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Direct Digital Holdings, Inc. - DRCT

HOUSTON , Dec. 18, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that management will participate in the 2024 ICR Conference on January 8-10, 2024 at the Grande Lakes Resort in Orlando, FL. Mark D. Walker, Chairman and Chief Executive Officer of Direct Digital Holdings, will participate in a fireside chat on Tuesday, January 9, 2024 at 8:00 AM ET.

Direct Digital Holdings to Participate in the 2024 ICR Conference

Does Direct Digital Holdings, Inc. (DRCT) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Direct Digital Holdings, Inc. (DRCT) a Strong Momentum Stock: Buy Now?

Direct Digital Holdings, Inc. reported strong Q3 2023 financial results, beating revenue and earnings estimates. The company operates buy-side and sell-side programmatic online advertising platforms. Despite its recent stock price growth, there is still potential for further gains due to the company's sell-side platform's growth potential.

Direct Digital's Growth Outlook Looks Bright

Direct Digital Holdings, Inc. (DRCT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Direct Digital Holdings, Inc. (DRCT) Stock

Direct Digital Holdings, Inc. (DRCT) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, DRCT's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

Direct Digital Holdings, Inc. (DRCT) Just Flashed Golden Cross Signal: Do You Buy?

Direct Digital Holdings, Inc. (DRCT) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

What Makes Direct Digital Holdings, Inc. (DRCT) a Good Fit for 'Trend Investing'

HOUSTON , Nov. 20, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that management will participate in the Noble Capital Markets 19th Annual Emerging Growth Equity Conference on December 3-5, 2023 at Florida Atlantic University in Boca Raton, FL. The conference will consist of one-on-one and small group meetings providing investors the opportunity to hear from and meet with Direct Digital Holdings' management team.

Direct Digital Holdings to Participate in the Noble Capital Markets 19th Annual Emerging Growth Equity Conference

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Direct Digital Holdings, Inc. (DRCT) Is Up 49.63% in One Week: What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 70.1% in Direct Digital Holdings, Inc. (DRCT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Direct Digital Holdings, Inc. (DRCT) Could Rally 70.14%: Here's is How to Trade

Direct Digital Holdings, Inc. (DRCT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover Direct Digital Holdings, Inc. (DRCT) Is a Great Choice for Value Investors

HOUSTON , Nov. 13, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced the Company has placed 108th on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 29th year. During the measurement period, Direct Digital Holdings grew 1,325%, making it the 8th ranked company in Deloitte's Digital Content / Media / Entertainment division.

Direct Digital Holdings Ranked Number 108th Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

Direct Digital Holdings, Inc. (NASDAQ:DRCT ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Brett Milotte - ICR Mark Walker - CEO, Co-Founder & Chairman Diana Diaz - CFO Conference Call Participants Dillon Heslin - ROTH MKM Daniel Kurnos - The Benchmark Company Michael Kupinski - Noble Financial Capital Markets Operator Good afternoon. My name is Abbie, and I will be your conference operator today.

Direct Digital Holdings, Inc. (DRCT) Q3 2023 Earnings Call Transcript

Third Quarter 2023 Revenue Up 129% Year-Over-Year to $59.5 Million Company Raises Full-Year 2023 Revenue Guidance to $170 Million - $190 Million HOUSTON , Nov. 9, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced financial results for the third quarter ended September 30, 2023. Mark D. Walker, Chairman and Chief Executive Officer, commented, "In recent quarters, we have made significant investments in our technology stack, advertising platform and operational structure.

Direct Digital Holdings Reports Third Quarter 2023 Financial Results

HOUSTON , Oct. 31, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that management will participate in the ROTH MKM 12th Annual New York Technology Conference on November 15, 2023 at The Yale Club in New York, NY. The conference will consist of one-on-one / small group meetings providing investors the opportunity to hear from and meet with Direct Digital Holdings' management team.

Direct Digital Holdings to Participate in the ROTH MKM 12th Annual New York Technology Conference

HOUSTON , Oct. 31, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that it completed the redemption of its outstanding warrants (the "Warrants") to purchase shares of the Company's Class A Common Stock, par value $0.0001 per share (the "Common Stock") that remained outstanding following 5:00 p.m. New York City Time on October 30, 2023 (the "Redemption Date"), for a cash redemption price of $0.35 per Warrant.

Direct Digital Holdings Announces Completion of Redemption of Outstanding Warrants

Holding Group's Colossus SSP Integrates with Basis to Increase Advertisers' Programmatic Reach of Multicultural / Diverse Media Inventory Buy-Side Company Huddled Masses Collaborates with Basis to Serve SMB & Middle-Market Advertisers HOUSTON and CHICAGO , Oct. 26, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced a new partnership with Basis Technologies ("Basis"), a global provider of programmatic advertising and media automation solutions. As part of the agreement, Colossus SSP has directly integrated with the Basis media automation platform to enable more agencies and brands to increase diversity, equity and inclusion efforts by scaling spend on multicultural / diverse audiences and media, and minority-owned properties such as Blavity, Ebony and Univision.

Direct Digital Holdings Partners with Basis Technologies on Buy- and Sell-Side

HOUSTON , Oct. 19, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that the Company will report financial results for the third quarter of fiscal year 2023 ended September 30, 2023 on Thursday, November 9, 2023 after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 PM ET to discuss the results.

Direct Digital Holdings to Report Third Quarter 2023 Financial Results

HOUSTON , Oct. 18, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that the Company appointed Diana Diaz, who had been serving as the Company's interim Chief Financial Officer, as permanent Chief Financial Officer, effective October 16, 2023. Ms. Diaz served as interim Chief Financial Officer of Direct Digital Holdings beginning June 5, 2023.

Direct Digital Holdings Appoints Diana Diaz as Chief Financial Officer

Green Tea Technology Instrumental in Forging Relationship with Hewlett Packard Enterprise and Ad-Tech Holding Group, Direct Digital Holdings HOUSTON , Oct. 12, 2023 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced it has selected the HPE GreenLake edge-to-cloud platform to build a highly reliable, scalable and secure production environment. Green Tea Technology, an authorized HPE partner, will provide installation and support services.

DIRECT DIGITAL HOLDINGS SELECTS HPE GREENLAKE TO DELIVER EDGE-TO-CLOUD SOLUTION IN MULTIYEAR PLATFORM DEAL

HOUSTON , Sept. 29, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that the Company's offer to purchase (the "Offer") all of its outstanding publicly traded warrants (the "Warrants") to purchase shares of its Class A common stock, par value $0.001 per share, at a purchase price of $1.20 in cash, without interest, expired one minute after 11:59 p.m.

Direct Digital Holdings Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants

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BSET, DRCT and D have been added to the Zacks Rank #5 (Strong Sell) List on September 29, 2023.

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Direct Digital Holding Group's Supply-Side Platform Colossus SSP to Integrate with Amazon's Transparent Ad Marketplace (TAM) HOUSTON , Sept. 26, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced a new collaboration with Amazon Publisher Services, with Colossus SSP integrating with Amazon's Transparent Ad Marketplace (TAM).

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