DoubleDown Interactive Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 04:07 pm EDT
Share
DoubleDown Interactive Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 75.19 million compared to USD 80.57 million a year ago. Net income was USD 24.36 million compared to net loss of USD 34.06 million a year ago. Basic earnings per share from continuing operations was USD 0.4915 compared to basic loss per share from continuing operations of USD 0.6875 a year ago. Diluted earnings per share from continuing operations was USD 0.4915 compared to diluted loss per share from continuing operations of USD 0.6875 a year ago.
For the six months, sales was USD 152.78 million compared to USD 166.06 million a year ago. Net income was USD 48.03 million compared to net loss of USD 15.56 million a year ago. Basic earnings per share from continuing operations was USD 0.969 compared to basic loss per share from continuing operations of USD 0.314 a year ago. Diluted earnings per share from continuing operations was USD 0.969 compared to diluted loss per share from continuing operations of USD 0.314 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.