Direct digital holdings reports q4 & full-year 2023 results

Company's full-year 2023 revenue up 76% year-over-year to $157.1 million, the eighth consecutive quarter of double-digit growth full-year 2023 net income of $2.0 million; adjusted ebitda(1) up 11% year-over-year to $11.3 million company issues full-year 2024 revenue guidance of $170 million – $190 million houston , march 26, 2024 /prnewswire/ -- direct digital holdings, inc. (nasdaq: drct) ("direct digital holdings" or the "company"), a leading advertising and marketing technology platform operating through its companies colossus media, llc ("colossus ssp"), orange142, llc ("orange 142") and huddled masses llc ("huddled masses"), today announced financial results for the fourth quarter and fiscal year ended december 31, 2023. mark d. walker, chairman and chief executive officer, commented, "2023 was another transformational year for direct digital holdings, achieving remarkable year-over-year revenue growth of 76% as well as dramatic operational expansion, and impressive results for our shareholders.
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