DoubleDown Interactive Azioni (NASDAQ: DDI)

Ultime notizie per DoubleDown Interactive (NASDAQ:DDI) Azioni

DoubleDown Interactive

DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.

DoubleDown Interactive Co., Ltd. - American Depository Shares

DoubleDown Interactive Co Ltd

Margaret Lake Diamonds Inc

DuckDaoDime

First Trust Dorsey Wright Momentum & Dividend ETF

Sitio Royalties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STR#NYSE">STR</a>) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $0.13 by 15.38 percent. The company reported quarterly sales of $149.375 million which missed the analyst consensus estimate of $153.250 million by 2.53 percent. This is a 4.68 percent decrease over sales of $156.710 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

News

Sitio Royalties Q3 2024 GAAP EPS $0.15 Beats $0.13 Estimate, Sales $149.375M Miss $153.250M Estimate

Offerings

QCOM

Qualcomm Filed For Mixed Shelf Offering; Size Not Disclosed

Qubitekk's renowned team, technology, products, and patent portfolio to join IonQ
Acquisition to continue expansion of IonQ's trajectory into the quantum networking market
Today, IonQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) announced that it has reached a definitive agreement to acquire substantially all of the operating assets of Qubitekk, Inc., a leading Vista, CA-based quantum networking company. As part of the transaction, the Qubitekk team will join IonQ to further enhance IonQ's leading position in the quantum networking industry. IonQ anticipates closing the acquisition within the next six months, subject to the satisfaction of certain closing conditions.
Quantum networks are expected to become essential infrastructure, enabling critical applications especially in the defense, finance, and energy sectors. The technology enables multiple nodes to communicate via entangled qubits, offering ultra-secure communications, precise timing synchronization, a foundation for distributed quantum computing, and a transport layer for quantum sensing. Having designed and deployed the nation's first commercially available quantum network in Chattanooga Tennessee, the EPB Quantum Network, Qubitekk has distinctive acumen in the quantum networking category.
From the start, IonQ has prioritized quantum networking as a key strategy for scaling its quantum computers. Specifically, IonQ's architecture plans to use photonic interconnects to link multiple quantum computers together, creating a more powerful cluster. The years that IonQ has dedicated to developing this technology for its computing efforts have allowed IonQ to quickly advance its offerings in the quantum networking industry.
Once closed, the Qubitekk acquisition will represent a major addition to IonQ's quantum networking capabilities and customer set. IonQ believes the transaction will contribute to near-term bookings and revenue opportunities, extending IonQ's commercial leadership in quantum networking.

IONQ

IonQ To Acquire Qubitekk, Furthering Leadership In Quantum Networking; No Financial Terms Disclosed

Guidance

GILD

Gilead Sciences Raises FY24 Product sales Guidance From $27.10B - $27.50B To $27.80B - $28.10B

TRIP

CORRECTION: TripAdvisor Q3 2024 Adj. EPS $0.50 Beats $0.44 Estimate, Sales $371.000M Miss $527.903M Estimate

American States Water Q3 2024 GAAP EPS $0.95 Misses $0.97 Estimate, Sales $161.782M Beat $161.000M Estimate

Tanger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKT#NYSE">SKT</a>) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.53 by 1.89 percent. This is a 8 percent increase over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $133.00 million which beat the analyst consensus estimate of $124.70 million by 6.66 percent. This is a 13.34 percent increase over sales of $117.35 million the same period last year.

Tanger Q3 FFO $0.54 Beats $0.53 Estimate, Sales $133.00M Beat $124.70M Estimate

Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) raises FY2024 Adj EPS guidance from $7.85-8.04 to $8.02-8.05 vs $7.99 analyst estimate. Narrows FY2024 sales outlook from $1.03 billion-1.03 billion to $1.03 billion-1.03 billion vs $1.03 billion estimate.

LOPE

Grand Canyon Education Raises FY2024 Adj EPS Guidance from $7.85-8.04 to $8.02-8.05 vs $7.99 Est; Narrows FY2024 Sales Guidance from $1.03B-1.03B to $1.03B-1.03B vs $1.03B Est

Beyond Meat Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) reported third-quarter financial results Wednesday after the bell. Here&#8217;s a <a href="https://www.benzinga.com/pressreleases/24/11/g41786618/beyond-meat-reports-third-quarter-2024-financial-results">rundown of the report</a>.
Q3 Earnings: Beyond Meat reported third-quarter revenue of $81.01 million, beating the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $80.71 million, according to&nbsp;<a href="http://pro.benzinga.com" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.&nbsp;The&nbsp;plant-based meat&nbsp;company reported a third-quarter adjusted loss of 41 cents per share, beating estimates for a loss of 44 cents per share.
Total revenues increased 7.6% on a year-over-year basis. U.S. retail channel net revenues increased&nbsp;14.6% year-over-year and U.S. foodservice channel net revenues increased&nbsp;15.5%. International retail channel net revenues jumped 17% year-over-year while international foodservice channel net revenues fell 17.2%.
Beyond Meat ended the quarter with $134.9 million in cash, cash equivalents and restricted cash. The company had total outstanding debt of $1.1 billion as of Sept. 28.
&#8220;We are pleased to report that in the third quarter, we returned to growth, increasing net revenues on a year-over-year basis, while continuing to expand gross margin and reduce operating expenses on both a sequential and year-over-year basis,&#8221; said Ethan Brown, president and CEO of Beyond Meat.
&#8220;Looking ahead, we expect to increase our cash reserves by year-end and pursue further balance sheet restructuring in 2025.&#8221;
Outlook:&nbsp;Beyond Meat revised its full-year 2024 revenue outlook from a range of $320 million to $340 million to a new range of $320 million to $330 million. Analysts are anticipating full-year revenue of $328.59 million, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Management will further discuss the company&#8217;s quarterly results on a conference call slated for 5 p.m. ET.
BYND Price Action: <a href="https://www.benzinga.com/quote/BYND" target="_blank" rel="noreferrer noopener">Beyond Meat shares</a> were down 5.78% after hours at $6.20 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Don&#8217;t Miss: • <a href="https://www.benzinga.com/general/politics/24/11/41745522/trump-or-harris-as-mcdonalds-managers-benzinga-readers-would-rather-have-this-candidate-as-their">Trump Or Harris As McDonald&#8217;s Managers? Benzinga Readers Would Rather Have This Candidate As Their Boss At The Restaurant</a>
Photo: Courtesy of Beyond Meat.

Movers

BYND

Beyond Meat Returns To Growth In Q3: Revenue Beat, EPS Beat, Cash Reserves In Focus

F&amp;G Annuities &amp; Life (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FG#NYSE">FG</a>) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $1.09 by 11.93 percent. The company reported quarterly sales of $2.39 billion which beat the analyst consensus estimate of $1.22 billion by 95.09 percent. This is a 180.38 percent increase over sales of $851.00 million the same period last year.

F&G Annuities & Life Q3 2024 Adj EPS $1.22 Beats $1.09 Estimate, Sales $2.39B Beat $1.22B Estimate

Corteva (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>) reported quarterly losses of $(0.49) per share which missed the analyst consensus estimate of $(0.30) by 63.33 percent. The company reported quarterly sales of $2.326 billion which missed the analyst consensus estimate of $2.697 billion by 13.76 percent. This is a 10.19 percent decrease over sales of $2.590 billion the same period last year.

CTVA

Corteva Q3 2024 Adj. EPS $(0.49) Misses $(0.30) Estimate, Sales $2.326B Miss $2.697B Estimate

Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) narrows FY2024 GAAP EPS guidance from $7.63-7.81 to $7.76-7.79 vs $7.73 analyst estimate..

Grand Canyon Education Narrows FY2024 GAAP EPS Guidance from $7.63-7.81 to $7.76-7.79 vs $7.73 Est

Adicet Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACET#NASDAQ">ACET</a>) reported quarterly losses of $(0.34) per share which beat the analyst consensus estimate of $(0.35) by 2.86 percent. This is a 52.11 percent increase over losses of $(0.71) per share from the same period last year.

ACET

Adicet Bio Q3 EPS $(0.34) Beats $(0.35) Estimate

KVYO

Klaviyo Sees Q4 2024 Revenue $256M-$258M Vs $257.02M Estimate; Sees FY24 Revenue $923M-$925M Vs $915.6M Estimate

WOLF

Wolfspeed Sees Q2 Revenue $160M-$200M Vs $214.583M Est.; Adj. EPS $(1.14)-$(0.89) Vs $(0.90) Est.

Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) narrows Q4 GAAP EPS guidance from $2.78-2.91 to $2.86-2.89 vs $2.85 analyst estimate..

Grand Canyon Education Narrows Q4 GAAP EPS Guidance from $2.78-2.91 to $2.86-2.89 vs $2.85 Est

ATRO

Astronics Sees FY24 Capital Expenditures $9M-$11M

SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) sees Q4 sales of $180.000 million-200.000 million vs $308.66 million estimate.

SEDG

SolarEdge Technologies Sees Q4 Sales $180.000M-200.000M vs $308.66M Est

Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) narrows Q4 Adj EPS guidance from $2.84-2.97 to $2.92-2.95 vs $2.91 analyst estimate. Narrows Q4 sales outlook from $286.50 million-291.50 million to $289.00 million-290.00 million vs $289.30 million estimate.

Grand Canyon Education Narrows Q4 Adj EPS Guidance from $2.84-2.97 to $2.92-2.95 vs $2.91 Est; Narrows Q4 Sales Guidance from $286.50M-291.50M to $289.00M-290.00M vs $289.30M Est

Steris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STE#NYSE">STE</a>) reported quarterly earnings of $2.14 per share which beat the analyst consensus estimate of $2.12 by 0.94 percent. The company reported quarterly sales of $1.33 billion which met the analyst consensus estimate. This is a 1.04 percent decrease over sales of $1.34 billion the same period last year.

Steris Q2 2025 Sales $1.328B, Miss $1.33B Estimate

Small-caps get a lift after Fed's jumbo rate cut: See top 20 names in SA Quant ratings

Why LendingClub Is Currently My Favorite Value Stock

Doubledown Interactive Co (DDI) has released an update. DoubleDown Interactive has announced a $10,000 donation to the American Cancer Society to s...

DoubleDown Interactive Continues Fight Against Breast Cancer

Doubledown Interactive Co (DDI) has released an update. Doubledown Interactive Co. has mutually agreed to terminate its Game Development Agreement ...

Doubledown Interactive Ends Development Agreement

Doubledown Interactive Co (DDI) has released an update. DoubleDown Interactive Co., a prominent digital games developer, is set to announce its thi...

DoubleDown Interactive Announces Q3 2024 Results

The convergence of augmented reality and eSports is setting the stage for a new era in gaming. Therefore, investors looking for an opportunity to invest in this evolution might consider investing in gaming stocks, Electronic Arts (EA), Playtika Holding Corp. (PLTK), and DoubleDown Interactive (DDI). Continue reading… The gaming industry is undergoing a transformation driven by the rise of Augmented Reality (AR) and the booming popularity of eSports. The widespread global appeal of video games will likely continue, allowing top game companies multiple opportunities to draw new players and boost sales in developed and growing markets.
Amid this backdrop, investors looking to capitalize on the trend may not want to miss the opportunity to invest in strong gaming stocks like Electronic Arts Inc. (<a href="https://stocknews.com/stock/EA/">EA</a>), Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>), and DoubleDown Interactive Co., Ltd. (<a href="https://stocknews.com/stock/DDI/">DDI</a>).
The video game industry is a titan in the global entertainment and media (E&amp;M) sector, with more and more companies focusing on subscription-based models and cloud gaming platforms. This digital shift in the video gaming sector is continuing to gain momentum, with publishers taking home <a href="https://www.pwc.com/us/en/tech-effect/emerging-tech/emerging-technology-trends-in-the-gaming-industry.html">$136 billion of the $262 billion</a> video game market, where PC &amp; console and mobile capture $48 billion and $87 billion, respectively.
With technological advancements reshaping the gaming industry, analysts expect this sector to thrive over the next decade. The <a href="https://www.statista.com/outlook/dmo/digital-media/video-games/worldwide">global video games market</a> is projected to reach a volume of $363.20 billion by 2027, exhibiting a CAGR of 8.8%. Further, the augmented reality gaming market is anticipated to reach $43.34 billion by 2031, <a href="https://www.verifiedmarketresearch.com/product/augmented-reality-gaming-market/">growing at a CAGR of 21.9%</a>.
Moreover, eSports, an organized and competitive video gaming industry, has become a cultural phenomenon, attracting casual and hardcore gamers. According to <a href="https://www.statista.com/statistics/490480/global-esports-audience-size-viewer-type/">Statista</a> reports, by 2025, the number of viewers for eSports is expected to be over 318 million.
Considering these encouraging trends, let's take a look at the fundamentals of the <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> industry stocks, beginning with the third choice.
Stock #3: Electronic Arts Inc. (<a href="https://stocknews.com/stock/EA/">EA</a>)
EA is a digital interactive entertainment company that develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation.
On October 4, EA globally launched EA SPORTS NHL 25, featuring the new ICE-Q gameplay system, a revamped Franchise Mode with enhanced presentation, delivering an engaging hockey experience on PlayStation 5 and Xbox Series X&#x7C;S.
In the fiscal first quarter that ended on June 30, 2024, EA's revenue and <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> stood at $1.66 billion and $1.40 billion, respectively. The company's net income came in at $280 million, while its earnings per share stood at $1.04 for the period.
According to the business outlook for fiscal year 2025, the company's net revenue is projected to be between $7.10 billion and $7.50 billion, with operating cash flow anticipated to range from $2.05-$2.25 billion. EA anticipates its net income to fall between $904 million and $1.09 billion.
Street expects EA's revenue for the fiscal second quarter (ended September 2024) to increase 11.5% year-over-year to $2.03 billion. Its EPS for the same period is expected to register a 10% growth from the prior year, settling at $2.01.
EA's stock has surged 14.9% over the past six months and 10.8% over the past year to close the last trading session at $144.35.
EA's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
EA has a B grade for Sentiment and Quality. It is ranked #5 out of 18 stocks in the B-rated <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> industry. <a href="https://stocknews.com/stock/EA/">Click here</a> to see the additional ratings for EA (Growth, Value, Momentum, and Stability).
Stock #2: Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>)
Headquartered in Herzliya Pituach, Israel, PLTK is a mobile game developer. The company owns a portfolio of 15 casual and social casino-themed games. It distributes its games to end customers through various web and mobile platforms and direct-to-consumer platforms.
On September 18, PLTK agreed to acquire SuperPlay, a mobile gaming company, for $700 million, with potential additional payments of up to $1.25 billion based on performance. This agreement should strengthen PLTK's leadership and enhance its mobile gaming portfolio by leveraging SuperPlay's proven expertise and successful titles. 
PLTK's revenue for the second quarter (ended June 30, 2024) came in at $627 million. Its income from operations grew marginally from the prior year's quarter to $140.70 million. The company's net income amounted to $86.60 million and $0.23 per share, reflecting 14.4% and 9.5% year-over-year increases, respectively.
As per the fiscal year 2024 financial outlook, PLTK forecasts revenue to range between $2.52 billion and $2.62 billion. The company also expects credit adjusted EBITDA to be between $730 million and $770 million.
Analysts expect PLTK's revenue for the fourth quarter ending December 31, 2024, to increase marginally year-over-year to $642.71 million, while its EPS for the same period is expected to grow 72.1% from the prior-year quarter to $0.17.
Over the past six months, the stock has gained 9.9%, closing the last trading session at $7.56.
PLTK's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade for Value and a B for Stability, Sentiment, and Quality. Within the same B-rated industry, it is ranked #2. <a href="https://stocknews.com/stock/PLTK/">Click here</a> to see PLTK's ratings for Growth and Momentum.
Stock #1: DoubleDown Interactive Co., Ltd. (<a href="https://stocknews.com/stock/DDI/">DDI</a>)
Based in Seoul, South Korea, DDI is principally engaged in developing and supplying online games. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Undead World: Hero Survival games.
For the second quarter of 2024, which ended on June 30, DDI's revenue increased 17.4% year-over-year to $88.24 million. Its operating income from operations stood at $36.19 million, indicating a 31.5% growth from the prior year's quarter.
DDI's net income rose 36.6% from the year-ago value to $33.27 million and its EPS stood at $0.97, up 36.2% year-over-year. It reported an adjusted EBITDA of $37 million, indicating a 34.1% growth from the prior year quarter with a margin of 41.9% (up 520 bps year-over-year).
The consensus revenue estimate of $83.93 million for the fiscal third quarter (ended September 2024) represents a 15% increase year-over-year. The consensus EPS estimate of $0.56 for the same quarter indicates a 2.8% improvement year-over-year. The company has an impressive earnings surprise history; it surpassed the consensus EPS estimates in three of the trailing four quarters.
The stock has surged 98.9% year-to-date and 57.4% over the past nine months to close the last trading session at $14.62.
DDI's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
It has an A grade for Value, Sentiment, and Quality and a B for Growth. The stock is ranked first in the Entertainment - Toys &amp; Video Games industry. <a href="https://stocknews.com/stock/DDI/">Click here</a> to access the additional DDI ratings (Momentum and Stability).
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

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EA shares were trading at $145.25 per share on Monday afternoon, up $0.90 (+0.62%). Year-to-date, EA has gained 6.60%, versus a 23.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/ea-pltk-ddi-3-gaming-stocks-to-watch-as-ar-and-esports-revolutionize/>3 Gaming Stocks to Watch as AR and eSports Revolutionize Entertainment</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Gaming Stocks to Watch as AR and eSports Revolutionize Entertainment

AMSC

AQST

AVDV

AVUV

BYRN

CALF

CURI

DAVE

DFAS

DFSV

FNDA

GASS

HMENF

HRTG

IGIC

PLTK

PSIX

PSNL

RMTI

SCHA

SLNCF

USAP

VIRC

Press Releases

DoubleDown Interactive Reports Fourth Quarter and Full Year 2023 Financial Results

DoubleDown Interactive Announces Results of 2024 Annual General Meeting

DoubleDown Interactive to Report 2024 First Quarter Results on May 8 and Host Conference Call and Webcast

DoubleDown Interactive Reports First Quarter 2024 Financial Results

DoubleDown Interactive to Participate at 19th Annual Needham Technology, Media & Consumer Conference on May 16

DoubleDown Interactive to Donate $10,000 to the ASPCA®

DoubleDown Interactive to Report 2024 Second Quarter Results on August 12 and Host Conference Call and Webcast

DoubleDown Interactive Reports Second Quarter 2024 Financial Results

Financing

DoubleDown Interactive to Donate $10,000 to the American Cancer Society

DoubleDown Interactive to Report 2024 Third Quarter Results on November 11 and Host Conference Call and Webcast

Blue Hat Interactive Entertainment Technology - Ordinary Shares

Blue Hat Interactive

DouYu International Holdings Limited - American Depositary Shares

DouYu Intl Hldgs

Electronic Arts

GDEV

Golden Matrix Group

GRAVITY Co., Ltd. - American depositary shares, each representing one common share.

GRAVITY Co

Gaxos.AI

HUYA Inc. American depositary shares, each representing one Class A ordinary share

HUYA

iHuman Inc. American depositary shares, each representing five Class A ordinary shares

iHuman

Motorsport Games Inc. - Class A Common Stock

Motorsport Games

PLAYSTUDIOS

NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares

NetEase

Playtika Holding

Roblox

Sea Limited American Depositary Shares, each representing one Class A Ordinary Share

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