The LHCb Collaboration has reported resonant activity in the channel $D^+ K^-$, identifying two components: $X_0(2900)$ with $J^P = 0^+$ at $2866 {pm} 7$ MeV, $Gamma_0=57{pm} 13$ MeV and $X_1(2900)$ with $J^P = 1^-$ at $2904 {pm} 7$ MeV, $Gamma_1=110{pm} 12$ MeV. We interpret the $X_0(2900)$ component as a $cs bar ubar d$ isosinglet compact tetraquark, calculating its mass to be $2863 {pm} 12$ MeV. This is the first exotic hadron with open heavy flavor. The analogous $bsbar ubar d$ tetraquark is predicted at $6213 {pm} 12$ MeV. We discuss possible interpretations of the heavier and wider $X_1(2900)$ state and examine potential implications for other systems with two heavy quarks.