Welcome to our dedicated page for DoubleDown Interactive Co., Ltd. American Depository Shares news (Ticker: $DDI), a resource for investors and traders seeking the latest updates and insights on DoubleDown Interactive Co., Ltd. American Depository Shares stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DoubleDown Interactive Co., Ltd. American Depository Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DoubleDown Interactive Co., Ltd. American Depository Shares's position in the market.
DoubleDown Interactive, a leading developer and publisher of digital games, will participate in the 19th Annual Needham Technology, Media & Consumer Conference on May 16, 2024. Chief Financial Officer, Joe Sigrist, will present at the event and host virtual meetings with investors. The company's flagship title, DoubleDown Casino, is a popular social casino game enjoyed by millions worldwide.
DoubleDown Interactive Co., reported strong financial results for the first quarter of 2024, with revenue increasing to $88.1 million, net income rising to $30.4 million, and Adjusted EBITDA growing to $31.9 million. The acquisition of SuprNation contributed to revenue growth, while operating expenses also increased. DoubleDown's social casino games showed positive performance metrics, with ARPDAU and average revenue per payer increasing year-over-year.