DoubleDown Interactive Co., Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 14, 2024 at 02:36 am IST
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DoubleDown Interactive Co., Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 83.1 million compared to USD 76.17 million a year ago. Net income was USD 25.45 million compared to net loss of USD 194.42 million a year ago. Basic earnings per share from continuing operations was USD 0.5135 compared to basic loss per share from continuing operations of USD 3.9235 a year ago. Diluted earnings per share from continuing operations was USD 0.5135 compared to diluted loss per share from continuing operations of USD 3.9235 a year ago.
For the full year, sales was USD 308.86 million compared to USD 321.03 million a year ago. Net income was USD 100.41 million compared to net loss of USD 233.98 million a year ago. Basic earnings per share from continuing operations was USD 2.0265 compared to basic loss per share from continuing operations of USD 4.7215 a year ago. Diluted earnings per share from continuing operations was USD 2.0265 compared to diluted loss per share from continuing operations of USD 4.7215 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.