---
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"
generated_at: "2026-06-08T07:48:53.913869+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Direct Digital Q3 revenue $59.5M (+129% YoY); raises FY2023 guidance to $170M-$190M

## Summary
- 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%).

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-116268
- JSON: https://secwatch.observer/filing/0001104659-23-116268.json
- Plain text: https://secwatch.observer/filing/0001104659-23-116268.txt

## Key facts
- Earnings Releases
  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.
  - Period: third quarter ended September 30, 2023
  - Revenue: Revenue was $59.5 million
  - Net income: Net income was $3.4 million
  - Guidance: raised
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1880613/000110465923116268/0001104659-23-116268-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.