Stock Track | DoubleDown Interactive (DDI) Soars 5.29% as Q4 Results Beat Expectations, Growth Plans Unveiled

Stock Track02-13

Shares of DoubleDown Interactive (DDI) surged 5.29% in pre-market trading on Wednesday, February 12, 2025, following the company's impressive fourth-quarter 2024 earnings report and promising growth plans.

DoubleDown Interactive, a leading social casino and iGaming company, reported revenue of $82 million for the fourth quarter, slightly down year-over-year but beating analysts' expectations. The company's adjusted EBITDA reached $35.1 million, showcasing its strong profitability.

Notably, the company's newly acquired iGaming business, SuperNation, contributed $9 million to the total revenue, marking its highest quarterly performance since the acquisition. DoubleDown Interactive plans to increase its marketing investments to drive user growth and gain market share for SuperNation in key markets like the UK and Sweden.

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