DoubleDown Interactive Q1 2024 EPADS $0.61 Beats $0.48 Estimate, Sales $88.100M Beat $82.298M Estimate
Portfolio Pulse from Benzinga Newsdesk
DoubleDown Interactive (NASDAQ:DDI) reported Q1 2024 earnings per share (EPS) of $0.61, surpassing the consensus estimate of $0.48 by 27.08%. Quarterly sales reached $88.100 million, exceeding expectations by 7.05% against the $82.298 million estimate.
May 08, 2024 | 8:29 pm
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DoubleDown Interactive reported a significant beat on both EPS and sales estimates for Q1 2024, with EPS at $0.61 against a $0.48 estimate and sales of $88.100M vs. $82.298M expected.
Beating both EPS and sales estimates significantly indicates strong financial health and operational efficiency, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
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