{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-116268","form_type":"8-K","ticker":"DRCT","cik":"0001880613","company_name":"Direct Digital Holdings, Inc.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.264951+00:00","generated_at":"2026-06-08T07:48:53.913869+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Direct Digital Q3 revenue $59.5M (+129% YoY); raises FY2023 guidance to $170M-$190M","bullets":["Q3 revenue $59.5M, up 129% YoY from $26.0M; net income $3.4M vs $0.8M YoY (up 313%).","Sell-side segment revenue $51.6M (+174% YoY); buy-side $7.9M (+10% YoY).","Adjusted EBITDA $5.4M, up 123% YoY from $2.4M.","Raised FY2023 revenue guidance to $170M-$190M (midpoint $180M, 101% YoY growth).","Over 400B monthly impressions in sell-side (+220% YoY); 34B monthly bid responses (+210%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-116268","json":"https://secwatch.observer/filing/0001104659-23-116268.json","markdown":"https://secwatch.observer/filing/0001104659-23-116268.md","text":"https://secwatch.observer/filing/0001104659-23-116268.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1880613/000110465923116268/0001104659-23-116268-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1880613/000110465923116268/tm2330133d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T07:48:53.913869+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"01d63a8713372e1d3ff56e6e788b1610ea62bcfb","claim":"Direct Digital Holdings, Inc. reported third quarter ended September 30, 2023 results: revenue Revenue was $59.5 million, net income Net income was $3.4 million. Guidance raised.","evidence_excerpt":"Direct Digital Holdings Reports Third Quarter 2023 Financial Results Third Quarter 2023 Revenue Up 129% Year-Over-Year to $59.5 Million Company Raises Full-Year 2023 Revenue Guidance to $170 Million - $190 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1880613/000110465923116268/0001104659-23-116268-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"Revenue was $59.5 million"},{"label":"Net income","value":"Net income was $3.4 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}