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DoubleDown Interactive Co., Ltd. American Depository Shares - DDI STOCK NEWS

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.

DoubleDown Interactive Co., Ltd. (symbol: DDI) is a prominent developer and publisher of digital games, based in Seattle, WA. The company specializes in creating engaging and profitable casino-style gaming experiences on both mobile and web-based platforms. DoubleDown Interactive is renowned for delivering unique and enjoyable social gaming experiences, primarily within the social casino segment of casual gaming, which includes popular games like online slots, poker, table games, and bingo.

The company's flagship product, DoubleDown Casino, has captivated millions of players worldwide, offering a diverse array of classic and modern games. Other notable titles from DoubleDown Interactive include DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. Following the acquisition of SuprNation in October 2023, DoubleDown now also operates three real-money iGaming sites in Western Europe, expanding its global footprint.

DoubleDown Interactive's team boasts over 50 years of combined experience in the gaming industry, with previous roles at renowned companies such as Atari, Activision, WildTangent, and Big Fish Games. This wealth of experience drives the company's continuous efforts to innovate and grow in the competitive gaming market.

Financially, DoubleDown Interactive has shown strong performance, predominantly generating revenue from the United States. The company is a wholly owned subsidiary of International Game Technology, benefiting from synergies and expanded market opportunities. The latest operating results indicate a robust financial condition, with promising developments and strategic expansions on the horizon.

For the latest updates and news about DoubleDown Interactive, including their financial results and new projects, please visit their official website or contact their Investor Relations team.

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DoubleDown Interactive (NASDAQ: DDI) reported strong Q3 2024 financial results, with revenue increasing 14% to $83.0 million from $73.0 million in Q3 2023. The growth includes contributions of $7.8 million from recently acquired SuprNation and a 3% increase in core social casino revenue. Net income decreased to $25.1 million ($0.51 per ADS) from $26.9 million in Q3 2023. Adjusted EBITDA rose 22% to $36.1 million, with margin improving to 43.5%. The company maintained strong cash flow generation with $31.8 million from operations and ended Q3 with a net cash position of approximately $335 million.

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DoubleDown Interactive (NASDAQ: DDI), a leading developer of digital games, announced it will release its 2024 third quarter financial results after market close on November 11, 2024. The company will host a conference call and webcast at 5:00 p.m. ET the same day. Management will review financial results, provide a business update, and hold a Q&A session. To join the call, participants must register in advance. A simultaneous webcast will be available on the company's Investor Relations website. DoubleDown Interactive is known for creating multi-format interactive entertainment, including its flagship social casino title, DoubleDown Casino. The company's SuprNation subsidiary operates three real-money iGaming sites in Western Europe.

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DoubleDown Interactive (NASDAQ: DDI), a leading digital game developer, announced a $10,000 donation to the American Cancer Society (ACS) for Breast Cancer Awareness Month. The company will host a play-to-enter giveaway, Penny's Stride for the Cure, on October 5-6, 2024, in DoubleDown Casino to engage players and raise awareness for ACS's Making Strides Against Breast Cancer walks.

This marks the fourth consecutive year of DoubleDown's partnership with ACS. CEO In Keuk Kim expressed pride in supporting this meaningful cause. Amanda Torfi, Senior Executive Director for ACS, welcomed DoubleDown's continued support in the fight against breast cancer.

Players can participate in DoubleDown Casino on mobile devices and desktop computers. The company recently expanded its portfolio by acquiring SuprNation in October 2023, now operating three real-money iGaming sites in Western Europe.

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DoubleDown Interactive (NASDAQ: DDI) reported strong Q2 2024 financial results. Revenue increased 17% to $88.2 million, with SuprNation contributing $7.9 million. Net income rose to $33.3 million, or $0.67 per ADS. Adjusted EBITDA grew 34% to $37.0 million, with margin improving to 41.9%. The social casino business saw 7% revenue growth, with ARPDAU increasing 27% to $1.33. The company ended Q2 with a net cash position of $303 million. CEO In Keuk Kim highlighted gains in industry share, improved player engagement, and the successful integration of SuprNation.

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DoubleDown Interactive (NASDAQ: DDI), a leading developer of digital games, has announced its 2024 second quarter financial results release on August 12, 2024, after market close. The company will host a conference call and webcast at 5:00 p.m. ET the same day. Management will review financial results and provide a business update, followed by a Q&A session. Interested parties can register for the call and access the webcast through provided links. DoubleDown is known for its flagship social casino title, DoubleDown Casino, and recently expanded into real-money iGaming in Western Europe through the acquisition of SuprNation in October 2023.

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DoubleDown Interactive (NASDAQ: DDI), a leading digital game developer, has announced a $10,000 donation to the ASPCA to support animal welfare efforts. The company will host a 'Claws for the Cause' event on July 27-28, 2024, allowing DoubleDown Casino players to participate in a play-to-enter giveaway and learn about the ASPCA's work, particularly during 'kitten season'.

CEO In Keuk Kim expressed pride in supporting the ASPCA and highlighted the company's passion for animal welfare. The ASPCA's Matthew Carroll thanked DoubleDown for their continued contributions and efforts to raise awareness about the needs of shelters during kitten season. The initiative aims to encourage public support through adoption and fostering of shelter animals.

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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.

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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.

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DoubleDown Interactive Co., (NASDAQ: DDI) will release its 2024 first quarter financial results on May 8, 2024, followed by a conference call and webcast. The call will include a review of the financial results, a business update, and a Q&A session. The webcast will be open to the general public.
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DoubleDown Interactive Co., (NASDAQ: DDI) announced key resolutions taken at its annual general meeting, including approval of financial statements, remuneration limit for directors, and amendment to executive retirement payment regulations.
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FAQ

What is the current stock price of DoubleDown Interactive Co., Ltd. American Depository Shares (DDI)?

The current stock price of DoubleDown Interactive Co., Ltd. American Depository Shares (DDI) is $14.625 as of November 20, 2024.

What is the market cap of DoubleDown Interactive Co., Ltd. American Depository Shares (DDI)?

The market cap of DoubleDown Interactive Co., Ltd. American Depository Shares (DDI) is approximately 716.0M.

What does DoubleDown Interactive Co., Ltd. do?

DoubleDown Interactive Co., Ltd. develops and publishes digital casino games for mobile and web-based platforms.

Where is DoubleDown Interactive located?

DoubleDown Interactive is based in Seattle, WA.

What are some popular games developed by DoubleDown Interactive?

Popular games by DoubleDown Interactive include DoubleDown Casino, DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches.

Who owns DoubleDown Interactive?

DoubleDown Interactive is a wholly owned subsidiary of International Game Technology.

What is DoubleDown Interactive's flagship product?

DoubleDown Casino is the company's flagship product, offering a variety of casino-style games.

How experienced is the DoubleDown Interactive team?

The team has over 50 years of combined experience, with backgrounds at companies like Atari, Activision, WildTangent, and Big Fish Games.

Which markets does DoubleDown Interactive operate in?

DoubleDown Interactive operates primarily in the United States but also has a presence in international markets and Western Europe following the acquisition of SuprNation.

What segment of gaming does DoubleDown Interactive specialize in?

DoubleDown Interactive specializes in the social casino segment of casual gaming.

How can I get in touch with DoubleDown Interactive for investor relations?

You can contact their Investor Relations team through Joseph Jaffoni or Richard Land at JCIR by calling +1 (212) 835-8500 or emailing DDI@jcir.com.

Where can I find the latest news and updates about DoubleDown Interactive?

The latest news and updates about DoubleDown Interactive can be found on their official website and through their Investor Relations communications.

DoubleDown Interactive Co., Ltd. American Depository Shares

Nasdaq:DDI

DDI Rankings

DDI Stock Data

716.05M
39.66M
0.57%
29%
0.22%
Electronic Gaming & Multimedia
Communication Services
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United States of America
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