DoubleDown Q3 revenue edges above estimates on higher iGaming revenue

DoubleDown Interactive

10/11/2025 21:30

Overview

DoubleDown Q3 revenue rises 15.5% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 beats estimates, reflecting strategic growth initiatives

SuprNation iGaming revenue increases 108% yr/yr, driven by new player acquisition

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

SUPRNATION GROWTH - Revenue from SuprNation increased 108% due to focus on new player acquisition

WHOW GAMES ACQUISITION - Initial contributions from WHOW Games increased European revenue

OPERATING EXPENSES - Increased due to WHOW Games integration and SuprNation revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$95.80 mln
$94.30 mln (5 Analysts)
Q3 Adjusted EBITDA
Beat
$37.50 mln
$35.60 mln (5 Analysts)
Q3 Adjusted EBITDA Margin
39.10%
Q3 Pretax Profit
$41.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the casinos & gaming peer group is "buy"

Wall Street's median 12-month price target for DoubleDown Interactive Co Ltd is $19.00, about 54.2% above its November 7 closing price of $8.71

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release: ID:nGNX8NgPSK

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)