DoubleDown Interactive Co Ltd reports results for the quarter ended in June - Earnings Summary

DoubleDown Interactive

09/08/2022 23:05

* DoubleDown Interactive Co Ltd  DDI.OQ  reported quarterly
adjusted earnings of 76 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 36 cents per share.
    * Revenue fell 13.6% to $80.57 million from a year ago;
analysts
expected $83.51 million. 
    * DoubleDown Interactive Co Ltd's reported EPS for the
quarter was
a loss of 69 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * DoubleDown Interactive Co Ltd shares had risen by 9.2%
this
quarter and lost 32.0% so far this year.
    * The company reported a quarterly loss of $34.06 million.
    * Wall Street's median 12-month price target for DoubleDown
Interactive Co Ltd is $20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.36           0.76           Beat
 Mar. 31 2022      0.39           0.37           Missed
 Dec. 31 2021      0.38           0.35           Missed
 Sep. 30 2021      0.31           0.50           Beat