Welcome to our dedicated page for Doubledown Interactive Co., Ltd. news (Ticker: DDI), a resource for investors and traders seeking the latest updates and insights on Doubledown Interactive Co., Ltd. stock.
DoubleDown Interactive Co., Ltd. (DDI) delivers innovative social casino and casual gaming experiences through its digital entertainment portfolio. This news hub provides investors and industry observers with official updates on corporate developments, financial performance, and product innovations.
Access timely announcements including earnings reports, strategic partnerships, and technology initiatives that shape DDI's position in the competitive gaming sector. Our curated collection features press releases and verified news covering operational milestones, regulatory updates, and market expansion efforts.
Key focus areas include mobile gaming advancements, virtual goods economy trends, and leadership updates impacting DDI's global operations. Bookmark this page for direct access to primary sources about the company's progress in merging entertainment technology with sustainable monetization strategies.
DoubleDown Interactive (NASDAQ: DDI), a leading developer of digital games, has announced its 2024 second quarter financial results release on August 12, 2024, after market close. The company will host a conference call and webcast at 5:00 p.m. ET the same day. Management will review financial results and provide a business update, followed by a Q&A session. Interested parties can register for the call and access the webcast through provided links. DoubleDown is known for its flagship social casino title, DoubleDown Casino, and recently expanded into real-money iGaming in Western Europe through the acquisition of SuprNation in October 2023.
DoubleDown Interactive (NASDAQ: DDI), a leading digital game developer, has announced a $10,000 donation to the ASPCA to support animal welfare efforts. The company will host a 'Claws for the Cause' event on July 27-28, 2024, allowing DoubleDown Casino players to participate in a play-to-enter giveaway and learn about the ASPCA's work, particularly during 'kitten season'.
CEO In Keuk Kim expressed pride in supporting the ASPCA and highlighted the company's passion for animal welfare. The ASPCA's Matthew Carroll thanked DoubleDown for their continued contributions and efforts to raise awareness about the needs of shelters during kitten season. The initiative aims to encourage public support through adoption and fostering of shelter animals.
DoubleDown Interactive, a leading developer and publisher of digital games, will participate in the 19th Annual Needham Technology, Media & Consumer Conference on May 16, 2024. Chief Financial Officer, Joe Sigrist, will present at the event and host virtual meetings with investors. The company's flagship title, DoubleDown Casino, is a popular social casino game enjoyed by millions worldwide.
DoubleDown Interactive Co., reported strong financial results for the first quarter of 2024, with revenue increasing to $88.1 million, net income rising to $30.4 million, and Adjusted EBITDA growing to $31.9 million. The acquisition of SuprNation contributed to revenue growth, while operating expenses also increased. DoubleDown's social casino games showed positive performance metrics, with ARPDAU and average revenue per payer increasing year-over-year.
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