Direct Digital Holdings Inc (DRCT) Q3 2024 Earnings Call Highlights: Navigating Challenges and ... [Yahoo! Finance]
Direct Digital Holdings, Inc. (DRCT)
Company Research
Source: Yahoo! Finance
Direct Digital Holdings Inc ( NASDAQ:DRCT ) has resumed its normal reporting cadence after previous disruptions. The company has successfully resumed connections with major customers on its supply side platform, Colossus SSP. Direct Digital Holdings Inc ( NASDAQ:DRCT ) has implemented a cost-saving initiative and optimization strategy, resulting in a more diversified and efficient business model. The company entered into a $20 million equity reserve facility, enhancing financial liquidity and strengthening shareholder equity. Direct Digital Holdings Inc ( NASDAQ:DRCT ) announced the launch of Colossus Connections, aiming to optimize supply path efficiency and unlock more potential demand and revenue. Direct Digital Holdings Inc ( NASDAQ:DRCT ) experienced a significant revenue decline, with a 96% decrease in Colossus SSP revenue year over year. The company faced a major business disruption due to a false and defamatory blog post, impacting partnerships and client connecti
Show less
Read more
Impact Snapshot
Event Time:
DRCT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRCT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRCT alerts
High impacting Direct Digital Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
DRCT
News
- Colossus SSP Launches 'Momentum' Program to Empower Underrepresented Publishers [Yahoo! Finance]Yahoo! Finance
- Colossus SSP Launches 'Momentum' Program to Empower Underrepresented PublishersPR Newswire
- Direct Digital Holdings Reports Q3 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Direct Digital Holdings Reports Q3 2024 Financial ResultsPR Newswire
- Colossus SSP Launches Colossus Connections to Enhance Supply Path Efficiency for AdvertisersPR Newswire
DRCT
Earnings
- 3/26/24 - Miss
DRCT
Sec Filings
- 11/13/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/7/24 - Form 424B4
- DRCT's page on the SEC website