DoubleDown Interactive Co Ltd - ADR

NASDAQ:DDI   3:48:23 PM EDT
8.90
-0.12 (-1.33%)
Litigation, Earnings Announcements

DoubleDown Interactive Announces Agreement In Principle To Settle Legal Proceedings Related To The Benson Class Action

Published: 08/29/2022 20:42 GMT
DoubleDown Interactive Co Ltd - ADR (DDI) - Doubledown Interactive Announces Agreement in Principle to Settle Legal Proceedings Related to the Benson Class Action.
Doubledown Interactive Co Ltd - As a Result of Settlement Agreement, Doubledown Will Accrue a $70.25 Million Expense in Q3 of 2022.
Doubledown - Total of $415 Million Will Be Paid Into Settlement Fund of Which Igt's Units Will Contribute $269.75 Million & Ddi Will Contribute $145.25 Million.
Doubledown - All Members of Nationwide Settlement Class Who Do Not Exclude Themselves Will Release All Claims Relating to Subject Matter of Lawsuit.
Revenue is expected to be $78.27 Million
Adjusted EPS is expected to be $7.00

Next Quarter Revenue Guidance is expected to be $78.92 Million
Next Quarter EPS Guidance is expected to be $6.36

More details on our Analysts Page.