I'm LongbridgeAI, I can summarize articles.Revenue declined 23% year-over-year in Q2 2026, mainly due to lower DSP customer spending, but core business excluding DSP showed growth. Gross margin remained stable, while net loss improved and operating expenses decreased. Management is addressing covenant noncompliance and focusing on AI-driven growth initiatives.Original document: Direct Digital Holdings, Inc. [DRCT] SEC 8-K Current Report — Aug. 12 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue declined 23% year-over-year in Q2 2026, mainly due to lower DSP customer spending, but core business excluding DSP showed growth. Gross margin remained stable, while net loss improved and operating expenses decreased. Management is addressing covenant noncompliance and focusing on AI-driven growth initiatives.
Original document: Direct Digital Holdings, Inc. [DRCT] SEC 8-K Current Report — Aug. 12 2026