Direct Digital Holdings earnings, Revenue beat in Q3

  • Investing.com
Direct Digital Holdings earnings, Revenue beat in Q3

Investing.com - Direct Digital Holdings reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Direct Digital Holdings announced earnings per share of $0.06 on revenue of $25.98M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $13.04M.

Direct Digital Holdings shares are down 24% from the beginning of the year and are trading at $2.97 , down-from-52-week-high.

Direct Digital Holdings shares gained 14.23% in pre-market trade the report.

Direct Digital Holdings follows other major Communication Services sector earnings this month

Direct Digital Holdings's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.

Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.

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