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

DoubleDown Interactive

09/08/2023 06:08

* DoubleDown Interactive Co Ltd  DDI.OQ  reported quarterly
adjusted earnings of 49 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 41 cents per share.
    * Revenue fell 6.7% to $75.19 million from a year ago;
analysts
expected $77.49 million. 
    * DoubleDown Interactive Co Ltd's reported EPS for the
quarter was
49 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.5%
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 fallen by 8.6%
this
quarter and gained 3.6% so far this year.
    * The company reported quarterly net income of $24.36
million.
    * Wall Street's median 12-month price target for DoubleDown
Interactive Co Ltd is $17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 05:07 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.41           0.49           Beat
 Mar. 31 2023      0.38           0.48           Beat
 Dec. 31 2022      0.34           1.52           Beat
 Sep. 30 2022      0.32           -0.48          Missed