DoubleDown Interactive Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
DoubleDown Interactive Co., Ltd. - American Depository Shares (DDI)
Company Research
Source: Yahoo! Finance
developer and publisher of digital games on mobile and web-based platforms, today announced unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 vs. Third Quarter 2023 Summary: Revenue increased to $83.0 million in the third quarter of 2024 from $73.0 million in the third quarter of 2023. SuprNation, a European iGaming operator (“ SuprNation ”) which was acquired by the Company on October 31, 2023, generated total revenue of $7.8 million in the third quarter of 2024. Revenue exclusive of the contributions from SuprNation increased 3% to $75.2 million. Operating expenses increased to $47.7 million in the third quarter of 2024 from $43.3 million in the third quarter of 2023, primarily due to the third quarter 2024 inclusion of operating expenses related to SuprNation, partially offset by lower sales and marketing and research and development expenses. Net income decreased to $25.1 million, or earnings per fully diluted common share of $1
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News
- DoubleDown Interactive Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Update: DDI, November 12 [Forbes]Forbes
- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) had its price target raised by analysts at Northland Securities from $18.00 to $21.00. They now have an "outperform" rating on the stock.MarketBeat
- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) had its price target raised by analysts at Wedbush from $16.25 to $21.00. They now have an "outperform" rating on the stock.MarketBeat
- DoubleDown Interactive Reports Third Quarter 2024 Financial ResultsGlobeNewswire
DDI
Earnings
- 11/11/24 - Miss
DDI
Sec Filings
- 11/12/24 - Form 144
- 11/12/24 - Form 6-K
- 10/10/24 - Form 6-K
- DDI's page on the SEC website