Direct Digital Holdings, Inc. (NASDAQ:DRCT) Q4 2023 Earnings Conference Call March 26, 2024 5:00 PM ET

Company Participants

Brett Milotte - VP, IR
Mark Walker - CEO, Co-Founder & Chairman
Diana Diaz - CFO

Conference Call Participants

Darren Aftahi - ROTH MKM
Dan Kurnos - The Benchmark Company
Michael Kupinski - NOBLE Capital Markets

Operator

Good day, everyone, and welcome to the Direct Digital Holdings Fourth Quarter and Full Year 2023 Earnings Call. Today's call is being recorded. And all lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions].

I will now turn the conference over to Brett Milotte, VP of Investor Relations. Please go ahead.

Brett Milotte

Good afternoon, everyone, and welcome to Direct Digital Holdings fourth quarter and full year 2023 earnings conference call. My name is Brett Milotte, and I'm representing Direct Digital Holdings from ICR. On today's call, our Direct Digital Holdings Chairman and Chief Executive Officer, Mark Walker; and Chief Financial Officer, Diana Diaz.

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

Please note that the statements made during this call, including financial projections or other statements that are not historical in nature, may constitute forward-looking statements. These 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 do not undertake any obligation to update these statements.

Forward-looking statements are subject to risks, which could cause DRCT's actual results to differ from its historical results and forecasts, including those risks set forth in DRCT's filings at the SEC and on this call. And you can refer to those for more information. This cautionary statement applies to all forward-looking statements made during this call.

During this call, DRCT will be referring to non-GAAP financial measures. These non-GAAP measures are not prepared in accordance to generally accepted accounting principles. Reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures is available in the earnings release that the DRCT filed in its Form 8-K today.