DoubleDown Interactive: Q1 Earnings Insights

DoubleDown Interactive DDI reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

DoubleDown Interactive beat estimated earnings by 29.73%, reporting an EPS of $0.48 versus an estimate of $0.37.

Revenue was down $7.89 million from the same period last year.

Last quarter the company missed on EPS by $0.07 which was followed by a 0.0% increase in the share price the next day.

Here's a look at DoubleDown Interactive's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.38	0.32	0.36	0.38
EPS Actual	0.31	-0.48	-0.69	0.37
Revenue Estimate	76.83M	78.27M	83.51M	86.95M
Revenue Actual	76.17M	78.80M	80.57M	85.49M

To track all earnings releases for DoubleDown Interactive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.