Direct Digital Holdings DRCT reported its Q1 earnings results on Thursday, May 11, 2023 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Direct Digital Holdings missed estimated earnings by 12.5%, reporting an EPS of $-0.09 versus an estimate of $-0.08.
Revenue was up $9.85 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 1.74% increase in the share price the next day.
Here's a look at Direct Digital Holdings's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.10 | 0.05 | 0.06 | -0.06 |
EPS Actual | 0.01 | 0.06 | 0.18 | -0.09 |
Revenue Estimate | 28.77M | 18.60M | 14.36M | 11.02M |
Revenue Actual | 29.42M | 25.98M | 21.26M | 11.37M |
To track all earnings releases for Direct Digital Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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