DoubleDown Interactive: Q1 Earnings Insights

DoubleDown Interactive DDI reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

DoubleDown Interactive beat estimated earnings by 29.73%, reporting an EPS of $0.48 versus an estimate of $0.37.

Revenue was down $7.89 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 0.0% increase in the share price the next day.

Here's a look at DoubleDown Interactive's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.38 0.32 0.36 0.38
EPS Actual 0.31 -0.48 -0.69 0.37
Revenue Estimate 76.83M 78.27M 83.51M 86.95M
Revenue Actual 76.17M 78.80M 80.57M 85.49M

To track all earnings releases for DoubleDown Interactive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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