Direct Digital Holdings to Report First Quarter 2023 Financial Results

Rhea-AI Summary

Direct Digital Holdings (Nasdaq: DRCT) will release its financial results for the first quarter of fiscal year 2023, ending March 31, 2023, on May 11, 2023, after the U.S. market closes. A conference call and webcast will follow at 5:00 PM ET on the same day to discuss the results. The Company operates through its subsidiaries, Colossus Media, Huddled Masses, and Orange142, providing advertising and marketing technology solutions. They manage over 100,000 clients monthly, generating more than 100 billion impressions across various media channels. Direct Digital Holdings is notable for being the ninth black-owned company to go public in the U.S. and has been recognized as a top minority-owned business by The Houston Business Journal.

Positive

• Expected financial results release on May 11, 2023, could provide insights for investors.
• Strong operational metrics managing over 100,000 clients and generating 100 billion impressions per month.

Negative

• None.

HOUSTON, April 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 the Company will report financial results for the first quarter of fiscal year 2023 ended March 31, 2023 on Thursday, May 11, 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.

The live webcast and replay can be accessed at https://ir.directdigitalholdings.com/.

About Direct Digital Holdings
Direct Digital Holdings (Nasdaq: DRCT), owner of operating companies Colossus SSP, Huddled Masses, and Orange 142, brings state-of-the-art sell- and buy-side advertising platforms together under one umbrella company. Direct Digital Holdings' sell-side platform, Colossus SSP, offers advertisers of all sizes extensive reach within general market and multicultural media properties. The company's subsidiaries Huddled Masses and Orange142 deliver significant ROI for middle market advertisers by providing data-optimized programmatic solutions at scale for businesses in sectors that range from energy to healthcare to travel to financial services. Direct Digital Holdings' sell- and buy-side solutions manage over 100,000 clients monthly, generating over 100 billion impressions per month across display, CTV, in-app and other media channels. Direct Digital Holdings is the ninth black-owned company to go public in the U.S and was named a top minority-owned business by The Houston Business Journal.

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SOURCE Direct Digital Holdings

FAQ

When will Direct Digital Holdings report its first quarter 2023 financial results?

Direct Digital Holdings will report its first quarter 2023 financial results on May 11, 2023.

What time is the conference call for Direct Digital Holdings' financial results?

The conference call for Direct Digital Holdings' financial results will be at 5:00 PM ET on May 11, 2023.

How many clients does Direct Digital Holdings manage each month?

Direct Digital Holdings manages over 100,000 clients monthly.

What significant achievements does Direct Digital Holdings have?

Direct Digital Holdings is the ninth black-owned company to go public in the U.S. and was recognized as a top minority-owned business by The Houston Business Journal.