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

Direct Digital (NASDAQ:DRCT) announced its quarterly earnings results on Thursday. The company reported ($0.54) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.78) by $0.24, Zacks reports. Direct Digital had a negative return on equity of 25.66% and a negative net margin of 5.61%. Direct Digital updated its FY 2025 guidance to EPS.

Direct Digital Trading Up 71.6 %

NASDAQ DRCT traded up $0.56 during mid-day trading on Thursday, hitting $1.33. The company’s stock had a trading volume of 23,455,040 shares, compared to its average volume of 907,606. The firm has a market capitalization of $19.50 million, a price-to-earnings ratio of -1.14 and a beta of 6.61. The company’s 50 day simple moving average is $1.05 and its 200 day simple moving average is $1.68. Direct Digital has a twelve month low of $0.51 and a twelve month high of $17.77.

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.