Direct Digital Holdings announced financial results for the fourth quarter and full year ended December 31, 2024, on March 27, 2025. Full-year revenue was $62.3 million, a 60% decrease from the prior year, and the net loss widened to $1.66 per share compared to a $0.73 loss in FY 2023.
Despite the challenges, fourth-quarter results were in line with revised revenue guidance. The company highlighted revenue optimization strategies and cost-saving initiatives, which resulted in significant operating expense reductions sequentially compared to the first half of the year.
Direct Digital Holdings reiterated its full-year revenue guidance of $90 million to $110 million for FY 2025, expecting strong gains in the second half from new direct sell-side partners. The company also reported a significant victory in its defamation lawsuit, with a court ruling allowing the case to continue.
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