DoubleDown Q2 Revenue Beats on WHOW Games Boost, DTC Surge
DDI sits 56% above its 52-week low of $8.1.
Summary
DoubleDown Interactive posted Q2 revenue of $94.3M, beating the $92.89M consensus, with adjusted EBITDA of $39.3M also ahead of estimates. Revenue rose 11.2% year-over-year to $94.3M, and earnings per fully diluted common share increased 50.5% to $13.27. The beat was driven by the WHOW Games acquisition and a sharp rise in direct-to-consumer revenue, which now accounts for over half of social casino sales, improving margins. SuprNation iGaming revenue grew 9.8% year-over-year. The company highlighted a strong balance sheet and is evaluating a controlling shareholder's proposal, though no deal is assured. With shares trading near a 52-week high, these results confirm operational momentum heading into the second half of 2026.
At the time of this announcement, DDI was trading at $12.60 on NASDAQ in the Technology sector, with a market capitalization of approximately $597.1M. The 52-week trading range was $8.10 to $12.50. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.