Investing.com - Doubledown reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Doubledown announced earnings per share of $-9.69 on revenue of $78.8M. Analysts polled by Investing.com anticipated EPS of $7.36 on revenue of $79.13M.
Doubledown shares are down 48.09% from the beginning of the year, still down 44.28% from its 52 week high of $17.30 set on November 15, 2021.
Doubledown follows other major Communication Services sector earnings this month
Doubledown's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar