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DDI — DoubleDown Interactive News Story

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

* DoubleDown Interactive Co Ltd  DDI.OQ  reported a
quarterly
adjusted loss of 48 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 32 cents per share.
    * Revenue fell 9.4% to $78.80 million from a year ago;
analysts
expected $78.27 million. 
    * DoubleDown Interactive Co Ltd's reported EPS for the
quarter was
a loss of 48 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.5%
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 risen by 8.0%
this
quarter and lost 35.7% so far this year.
    * The company reported a quarterly loss of $24 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 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 11:17 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.32           -0.48          Missed
 Jun. 30 2022      0.36           -0.69          Missed
 Mar. 31 2022      0.39           0.37           Missed
 Dec. 31 2021      0.38           0.35           Missed

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