DoubleDown Interactive Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 09:11 pm
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DoubleDown Interactive Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 72.98 million compared to USD 78.8 million a year ago. Net income was USD 26.93 million compared to net loss of USD 24 million a year ago. Basic earnings per share from continuing operations was USD 0.5435 compared to basic loss per share from continuing operations of USD 0.4845 a year ago. Diluted earnings per share from continuing operations was USD 0.5435 compared to diluted loss per share from continuing operations of USD 0.4845 a year ago.
For the nine months, sales was USD 225.77 million compared to USD 244.86 million a year ago. Net income was USD 74.96 million compared to net loss of USD 39.56 million a year ago. Basic earnings per share from continuing operations was USD 1.5125 compared to basic loss per share from continuing operations of USD 0.7985 a year ago. Diluted earnings per share from continuing operations was USD 1.5125 compared to diluted loss per share from continuing operations of USD 0.7985 a year ago.
DoubleDown Interactive Co Ltd is a Korea-based company principally engaged in the development and supply of online games. The Company mainly develops and supplies online and mobile games. The Companyâs main products include DoubleDown Casino, DoubleDown Fort Knox, DoubleDown Classic, and Ellenâs Road to Riches. The Company operates its business in domestic and foreign markets such as the United States.