Doubledown Interactive Co (DDI) has released an update.
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DoubleDown Interactive Co. reports a robust second quarter in 2024 with a 17% rise in revenue to $88.2 million and a 34% increase in adjusted EBITDA to $37.0 million, driven by higher player engagement and the acquisition of SuprNation. Net income also saw a substantial increase to $33.3 million, attributed to improved revenue and efficient expense management.
For further insights into DDI stock, check out TipRanks’ Stock Analysis page.