Direct Digital Holdings, Inc. (NASDAQ:DRCT) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET

Company Participants

Mark Walker - Chairman and Chief Executive Officer

Susan Echard - Chief Financial Officer

Brett Milotte - Investor Relations, ICR, Inc

Conference Call Participants

Daniel Kurnos - The Benchmark Company

Darren Aftahi - ROTH Capital Partners

Michael Kupinski - Noble Capital Markets

Operator

Thank you for standing by. This is the conference operator. Welcome to the Direct Digital Holdings’ Second Quarter 2022 Earnings Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation there will be an opportunity to ask questions. [Operator Instructions]

I would now like to turn the conference over to Brett Milotte from ICR. Please go ahead.

Brett Milotte

Good afternoon, everyone and welcome to Direct Digital Holdings’ second quarter 2022 earnings conference call. My name is Brett Milotte and I'm representing Direct Digital Holdings from ICR. On today's call are Direct Digital Holdings’ Chairman and Chief Executive Officer, Mark Walker; and Chief Financial Officer, Susan Echard.

The information discussed today is qualified in its entirety by the Form 8-K and accompanying earnings release that’s been filed today by Direct Digital Holdings, which may be accessed through the SEC’s website and DRCT's website. Today's call is also being webcast and a replay will be posted to DRCT's Investor Relations website. Immediately following the speakers' presentation, there'll be a question-and-answer session.

Please note the statements made during this call, including financial projections or other statements that are not historical in nature, they constitute forward-looking statements. Such statements are made on the basis of DRCT's views and assumptions regarding future events and business performance at the time they are made. And we do not undertake any obligation to update these statements. Forward-looking statements are subject to risks which could cause the DRCT's actual results to differ from its historical results and forecasts, including those risks set forth in DRCT's filings with the SEC. And you should refer to these and carefully consider those for more information. This cautionary statement applies to all forward-looking statements made during this call. Do not place undue reliance on any forward-looking statements.

During this call DRCT will be referring to non-GAAP financial measures. These non-GAAP measures are not prepared in accordance with Generally Accepted Accounting Principles. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures is available in the earnings release DRCT filed on its Form 8-K today.