US EditionMATSON, INC. ANNOUNCES FIRST QUARTER 2025 RESULTS
- Direct Digital Holdings reported consolidated revenue of $8.2 million for the three months ending March 31, 2025.
- The revenue decline of 63% year-over-year was mainly caused by a drop in sell-side advertising revenue due to reduced impression inventory.
- First quarter buy-side revenue rose 6% to $6.1 million, supported by over 220 customers and $1.2 million from new verticals, while sell-side revenue fell to $2.0 million despite a 13% increase in advertisers.
- Mark D. Walker reported that the company lowered operating costs by almost $1.5 million, a reduction of about 19%, and achieved total revenue of $8.2 million in the first quarter, largely driven by $6.1 million generated from its buy-side operations.
- The company plans to achieve full-year 2025 revenues between $90 million and $110 million, focusing on strategic adjustments and disciplined cost control to foster growth and return to profitability.
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·Orangeville, Canada
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Total News Sources210
Leaning Left33Leaning Right7Center63Last UpdatedBias Distribution61% Center
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61% Center
L 32%
C 61%
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