Direct Digital Holdings Q3 2023 EPS $0.23 Beats $0.05 Estimate, Sales $59.47M Beat $34.49M Estimate
Portfolio Pulse from totan@benzinga.com
Direct Digital Holdings (NASDAQ:DRCT) reported Q3 2023 earnings of $0.23 per share, beating the analyst consensus estimate of $0.05 by 360%. This is a 283.33% increase from the same period last year. The company also reported quarterly sales of $59.47 million, surpassing the analyst consensus estimate of $34.49 million by 72.43%. This represents a 128.87% increase from the same period last year.
November 09, 2023 | 9:42 pm
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Direct Digital Holdings significantly beat Q3 2023 earnings and sales estimates. This strong performance could positively impact the company's stock price in the short term.
Direct Digital Holdings reported a significant beat on both earnings and sales estimates for Q3 2023. This strong performance indicates the company's profitability and growth, which are key factors that investors consider when making investment decisions. Therefore, this news is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100