Yahoo Finance DoubleDown Interactive Third Quarter 2022 Earnings: US$0.48 loss per share (vs US$0.50 profit in 3Q 2021)
DoubleDown Interactive (NASDAQ:DDI) Third Quarter 2022 Results
Key Financial Results
Revenue: US$78.8m (down 9.4% from 3Q 2021).
Net loss: US$24.0m (down by 205% from US$22.8m profit in 3Q 2021).
US$0.48 loss per share (down from US$0.50 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DoubleDown Interactive Earnings Insights
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Entertainment industry in the US.
Performance of the American Entertainment industry.
The company's shares are down 8.2% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with DoubleDown Interactive.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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