DoubleDown Interactive Reports Fourth Quarter and Full Year 2024 Financial Results
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DoubleDown Interactive (NASDAQ: DDI) has released its unaudited financial results for Q4 and full year 2024, now reported under IFRS instead of GAAP.
February 11, 2025 | 9:15 pm
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DoubleDown Interactive has transitioned to reporting its financial results under IFRS, starting with Q4 and full year 2024. This change may affect how investors interpret the company's financial performance compared to previous periods reported under GAAP.
The shift from GAAP to IFRS in financial reporting is significant as it may alter the perception of financial performance due to differences in accounting standards. However, the impact on stock price is neutral in the short term as the news does not indicate any change in the company's operational performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100