earnings
confidence high
sentiment negative
materiality 0.75
Direct Digital Holdings Q1 revenue $8.2M (-63% YoY), net loss $5.9M; maintains FY guidance $90-110M
Direct Digital Holdings, Inc.
2025-Q1 EPS reported
-$0.35
revenue$8,157,000
- Revenue of $8.2M declined 63% vs $22.3M in Q1 2024; sell-side segment down 88% to $2.0M.
- Net loss widened to $5.9M from $3.8M; operating loss $3.9M; adjusted EBITDA loss $3.0M.
- Buy-side revenue up 6% to $6.1M; operating expenses cut 19% to $6.3M, partly from cost-saving measures.
- Maintains full-year 2025 revenue guidance of $90M-$110M, expecting sell-side recovery in H2.
- Cash and equivalents $1.8M as of Mar 31, 2025, up from $1.4M at Dec 31, 2024.