DoubleDown Interactive Q3 EPS $0.54 Beats $0.44 Estimate, Sales $72.98M Miss $74.59M Estimate
Portfolio Pulse from totan@benzinga.com
DoubleDown Interactive (NASDAQ:DDI) reported Q3 earnings of $0.54 per share, beating the analyst consensus estimate of $0.44 by 22.73%. However, the company's quarterly sales of $72.98 million missed the analyst consensus estimate of $74.59 million by 2.15%. This represents a 7.38% decrease over sales from the same period last year.
November 08, 2023 | 9:34 pm
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DoubleDown Interactive's Q3 earnings beat estimates but sales missed, indicating mixed financial performance.
DoubleDown Interactive's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These mixed results could lead to uncertainty among investors, potentially impacting the stock price.
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