DoubleDown Interactive's Winning Streak And Beating The Odds In Q2 2024
DDIDoubleDown Interactive(DDI) Seeking Alpha·2024-08-13 21:21
sturti Thesis DoubleDown Interactive (NASDAQ:DDI), a top player in digital games, reported exceptional numbers in Q2 2024. They reported GAAP EPS of $13.39 and revenue of $88.24 million, beating expectations by $4.8 million. And despite a tough market, DoubleDown outperformed, with growth in their social casino games. My analysis shows the company's strong financials and smart moves, like buying SuprNation, set them up to seize market opportunities and close the gap between their current low value and w ...