DoubleDown Interactive Co., Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 07, 2023 at 04:25 pm EST
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DoubleDown Interactive Co., Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was USD 76.17 million compared to USD 86.3 million a year ago. Net loss was USD 194.42 million compared to net income of USD 17.44 million a year ago. Basic loss per share from continuing operations was USD 3.9235 compared to basic earnings per share from continuing operations of USD 0.352 a year ago. Diluted loss per share from continuing operations was USD 3.9235 compared to diluted earnings per share from continuing operations of USD 0.352 a year ago.
For the full year, sales was USD 321.03 million compared to USD 363.21 million a year ago. Net loss was USD 233.98 million compared to net income of USD 78.11 million a year ago. Basic loss per share from continuing operations was USD 4.7215 compared to basic earnings per share from continuing operations of USD 1.6955 a year ago. Diluted loss per share from continuing operations was USD 4.7215 compared to diluted earnings per share from continuing operations of USD 1.6955 a year ago.
DoubleDown Interactive Co Ltd is a Korea-based company principally engaged in the development and supply of online games. The Company mainly develops and supplies online and mobile games. The Companyâs main products include DoubleDown Casino, DoubleDown Fort Knox, DoubleDown Classic, and Ellenâs Road to Riches. The Company operates its business in domestic and foreign markets such as the United States.