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Surging Earnings Estimates Signal Upside for DoubleDown Interactive (DDI) Stock
ZACKS· 2024-08-19 17:21
DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trend ...
Wall Street Analysts Predict a 58.8% Upside in DoubleDown Interactive (DDI): Here's What You Should Know
ZACKS· 2024-08-15 14:56
Shares of DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) have gained 1.8% over the past four weeks to close the last trading session at $12.16, but there could still be a solid upside left in the stock if shortterm price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $19.31 indicates a potential upside of 58.8%. The average comprises four short-term price targets ranging from a low of $16.25 to a high of $26, with a standard deviation of $4.52. Whi ...
DoubleDown (DDI) Q2 Earnings & Revenues Beat, ARPDAU Up Y/Y
ZACKS· 2024-08-13 17:56
DoubleDown Interactive Co., Ltd. (DDI) reported stellar second-quarter 2024 results with earnings and revenues topping the Zacks Consensus Estimate and increasing on a year-over-year basis. The quarterly performance uptrend was backed by increases in its social casino business along with synergies from the introduction of new meta-features in its flagship app, DoubleDown Casino. The enhanced application continued to showcase strong improvements in player engagement and monetization, reflecting year-over-yea ...
DoubleDown Interactive's Winning Streak And Beating The Odds In Q2 2024
Seeking Alpha· 2024-08-13 13:21
sturti Thesis DoubleDown Interactive (NASDAQ:DDI), a top player in digital games, reported exceptional numbers in Q2 2024. They reported GAAP EPS of $13.39 and revenue of $88.24 million, beating expectations by $4.8 million. And despite a tough market, DoubleDown outperformed, with growth in their social casino games. My analysis shows the company's strong financials and smart moves, like buying SuprNation, set them up to seize market opportunities and close the gap between their current low value and what ...
DoubleDown Interactive(DDI) - 2024 Q2 - Earnings Call Transcript
2024-08-12 23:23
DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Q2 2024 Earnings Conference Call August 12, 2024 5:00 PM ET Company Participants In Keuk Kim - Chief Executive Officer Joseph Sigrist - Chief Financial Officer Conference Call Participants David Bain - B. Riley Greg Gibas - Northland Securities Aaron Lee - Macquarie Operator Good afternoon, and welcome to DoubleDown Interactive Earnings Conference Call for the Second Quarter ending in June 30th, 2024. My name is Lisa, and I will be your operator for this afterno ...
DoubleDown Interactive(DDI) - 2024 Q2 - Quarterly Report
2024-08-12 20:13
Exhibit 99.2 Consolidated Financial Statements as of and for the three and six months ended June 30, 2024 and 2023 Condensed Consolidated Statements of Income and Comprehensive Income F-2 Condensed Consolidated Balance Sheets F-3 Condensed Consolidated Statements of Changes in Shareholders' Equity F-4 Condensed Consolidated Statements of Cash Flows F-6 Notes to Condensed Consolidated Financial Statements F-7 DoubleDown Interactive Co., Ltd. Condensed Consolidated Financial Statements (unaudited) June 30, 20 ...
DoubleDown Interactive to Report 2024 Second Quarter Results on August 12 and Host Conference Call and Webcast
GlobeNewswire News Room· 2024-07-23 20:15
SEATTLE, July 23, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today that it will release its 2024 second quarter financial results after the market closes on Monday, August 12, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public. On the call, DoubleDow ...
DoubleDown Interactive to Report 2024 Second Quarter Results on August 12 and Host Conference Call and Webcast
Newsfilter· 2024-07-23 20:15
To access the call, please use the following link: DoubleDown Second Quarter 2024 Earnings Call. After registering, an email will be sent, including dial-in details and a unique conference call access code required to join the live call. To ensure you are connected prior to the beginning of the call, please register a minimum of 15 minutes before the start of the call. About DoubleDown Interactive Company Contact: Joe Sigrist ir@doubledown.com +1 (206) 773-2266 Chief Financial Officer https://www.doubledown ...
DoubleDown Interactive to Donate $10,000 to the ASPCA®
GlobeNewswire News Room· 2024-07-22 15:00
Company Contact: Joe Sigrist ir@doubledown.com +1 (206) 773-2266 Chief Financial Officer https://www.doubledowninteractive.com SEATTLE, July 22, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today a $10,000 donation to the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) in support of its mission to prevent cruelty to dogs, cats, equ ...
DoubleDown Interactive to Donate $10,000 to the ASPCA®
Newsfilter· 2024-07-22 15:00
SEATTLE, July 22, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today a $10,000 donation to the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) in support of its mission to prevent cruelty to dogs, cats, equines, and farm animals throughout the United States. "DoubleDown Interactive has been proud to support the ASPCA for years, and ...