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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.

News

DoubleDown Interactive Reports Fourth Quarter and Full Year 2023 Financial Results

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DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) reported its unaudited financial results for the fourth quarter and full year 2023. In Q4 2023, revenue increased to $83.1 million, with Adjusted EBITDA of $36.2 million. Net income was $25.5 million, a significant improvement from the loss in Q4 2022. Full-year 2023 revenue declined to $308.9 million, but Adjusted EBITDA increased to $118.9 million.
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DoubleDown Interactive to Report 2023 Fourth Quarter and Full Year Financial Results on February 13 and Host Conference Call and Webcast

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DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) will release its 2023 fourth quarter and full year financial results on February 13, 2024. The company will host a conference call and webcast to review the financial results and provide a business update, followed by a question-and-answer session. The call and webcast are open to the general public.
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DoubleDown Interactive to Participate at 26th Annual Needham Growth Conference on January 18

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DoubleDown Interactive (NASDAQ: DDI) to present at 26th Annual Needham Growth Conference. CFO Joe Sigrist to host meetings with institutional investors.
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DoubleDown Interactive to Participate in iAccess Alpha Virtual MicroCap Conference on January 9th and 10th

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DoubleDown Interactive (DDI) to present at iAccess Alpha Virtual MicroCap Conference and host one-on-one meetings with institutional investors. Live webcast available to the public and replay will be accessible. Company recommended by a network of investors.
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DoubleDown Interactive Reports Third Quarter 2023 Financial Results

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DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) announced unaudited financial results for Q3 2023. Revenues declined to $73.0 million, operating costs decreased to $43.3 million, and Adjusted EBITDA increased to $29.7 million. Net income was $26.9 million, with ARPDAU and monthly revenue per payer on the rise.
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DoubleDown Interactive Completes Acquisition Of iGaming Operator, SuprNation

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DoubleDown Interactive has completed its acquisition of iGaming operator SuprNation for approximately $36.5 million. The acquisition expands DoubleDown's presence in the gaming market and adds three real-money iGaming sites in Western Europe. The CEO of DoubleDown will become the Chairman of SuprNation. The acquisition is expected to drive revenue growth and create synergies in player acquisition and cost savings.
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DoubleDown Interactive to Report 2023 Third Quarter Results on November 8 and Host Conference Call and Webcast

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DoubleDown Interactive to release 2023 third quarter financial results
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DoubleDown Interactive to Donate $10,000 to the American Cancer Society

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DoubleDown Interactive plans to donate $10,000 to the American Cancer Society in honor of Breast Cancer Awareness Month. Players of DoubleDown Casino can participate in a play-to-enter giveaway to support the charitable donation.
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DoubleDown Interactive Reports Second Quarter 2023 Financial Results

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DoubleDown Interactive to Report 2023 Second Quarter Results on August 8 and Host Conference Call and Webcast

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DoubleDown Interactive (NASDAQ: DDI) will release its 2023 second quarter financial results on August 8, 2023. The company will host a conference call and webcast to review the results and provide a business update.
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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.

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DoubleDown Interactive Co., Ltd. American Depository Shares

Nasdaq:DDI

DDI Rankings

#2810 Ranked by Market Cap
N/A Ranked by Dividends

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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