Direct Digital Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Direct Digital Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Direct Digital Holdings Inc DRCT.OQ reported a quarterly adjusted loss of $4.73 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-50.60. The mean expectation of two analysts for the quarter was for a loss of $9.60 per share. Wall Street expected results to range from $-17.27 to $-1.94 per share.
Revenue fell 22.8% to $7.83 million from a year ago; analysts expected $8.84 million.
Direct Digital Holdings Inc's reported EPS for the quarter was a loss of $5.78.
The company reported a quarterly loss of $3.4 million.
Direct Digital Holdings Inc shares had risen by 1.5% this quarter and lost 80.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advertising & marketing peer group is also "buy"
Wall Street's median 12-month price target for Direct Digital Holdings Inc is $32.00, about 91.3% above its last closing price of $2.77
This summary was machine generated from LSEG data August 12 at 10:55 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -9.60 | -4.73 | Beat |
Mar. 31 2026 | -11.56 | -6.06 | Beat |
Dec. 31 2025 | -35.20 | -88.00 | Missed |
Sep. 30 2025 | -3.30 | -52.80 | Missed |
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Direct Digital Holdings Inc reports results for the quarter ended June 30 - Earnings Summary