DoubleDown Interactive Q2 EPS $0.67 Beats $0.49 Estimate, Sales $88.24M Beat $83.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
DoubleDown Interactive (NASDAQ:DDI) reported Q2 earnings per share of $0.67, surpassing the analyst estimate of $0.49 by 36.73%. The company also reported sales of $88.24 million, beating the estimate of $83.79 million by 5.31%. Both earnings and sales showed significant year-over-year growth.
August 12, 2024 | 8:06 pm
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DoubleDown Interactive reported Q2 EPS of $0.67, beating the estimate of $0.49 by 36.73%. Sales were $88.24M, surpassing the $83.79M estimate. Both metrics showed strong year-over-year growth.
DoubleDown Interactive's strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact the stock price in the short term. The year-over-year growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100