Profile
Sector:
Communication ServicesIndustry:
Electronic Gaming & MultimediaCountry:
South KoreaIPO:
31 August 2021Next earnings report:
11 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:24:34 GMTDividend
Analysts recommendations
Institutional Ownership
DDI Latest News
SEOUL, South Korea, Oct. 10, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, announced today that it will release its 2024 third quarter financial results after the market closes on Monday, November 11, 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, DoubleDown management will review the Company's financial results and provide a business update, followed by a question-and-answer session.
DoubleDown Interactive (DDI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
If you are looking for stocks that are well positioned to maintain their recent uptrend, DoubleDown Interactive (DDI) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
If you are looking for stocks that are well positioned to maintain their recent uptrend, DoubleDown Interactive (DDI) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Consumer discretionary stocks like BFAM, DDI, RCL, TILE and CNK are likely to gain from the rebound in consumer sentiment.
DoubleDown Interactive (DDI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
DoubleDown's (DDI) second-quarter 2024 results reflect solid demand trends across its social casino business and increased contributions from SuprNation iGaming operator. Also, efficient operational initiatives bode well.
DoubleDown Interactive reported exceptional Q2 2024 numbers, beating expectations with revenue of $88.24 million and GAAP EPS of $13.39. DoubleDown's strong financials, smart moves like acquiring SuprNation, and growth in social casino games position them to seize market opportunities. Despite industry challenges, DoubleDown's steady growth, low valuation, and solid cash flow make them a 'BUY' with potential for rapid upward shift.
The average of price targets set by Wall Street analysts indicates a potential upside of 28.3% in DoubleDown Interactive (DDI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) will be hosting their Q1 2024 Earnings Conference Call on May 12, 2024 at 5:00 PM ET. Key executives participating include In Keuk Kim, CEO, and Joseph Sigrist, CFO. Participants on the call include Aaron Lee from Macquarie and Greg Gibas from Northland Securities. The Operator opens the call with a greeting and welcomes attendees to the earnings conference call for the first quarter of 2024.
- 1(current)
What type of business is DoubleDown Interactive Co?
DoubleDown Interactive Co., Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. is a subsidiary of DoubleU Games Co., Ltd.
What sector is DoubleDown Interactive Co in?
DoubleDown Interactive Co is in the Communication Services sector
What industry is DoubleDown Interactive Co in?
DoubleDown Interactive Co is in the Electronic Gaming & Multimedia industry
What country is DoubleDown Interactive Co from?
DoubleDown Interactive Co is headquartered in South Korea
When did DoubleDown Interactive Co go public?
DoubleDown Interactive Co initial public offering (IPO) was on 31 August 2021
What is DoubleDown Interactive Co website?
https://www.doubledowninteractive.com
Is DoubleDown Interactive Co in the S&P 500?
No, DoubleDown Interactive Co is not included in the S&P 500 index
Is DoubleDown Interactive Co in the NASDAQ 100?
No, DoubleDown Interactive Co is not included in the NASDAQ 100 index
Is DoubleDown Interactive Co in the Dow Jones?
No, DoubleDown Interactive Co is not included in the Dow Jones index
When was DoubleDown Interactive Co the previous earnings report?
No data
When does DoubleDown Interactive Co earnings report?
The next expected earnings date for DoubleDown Interactive Co is 11 November 2024