The Adjusted EBITDA margin increased to 32.8% for the first quarter of 2023, compared to an Adjusted EBITDA margin of 31.5% for the first quarter of 2022. Adjusted EBITDA of $25.4 million for the first quarter of 2023 compared to $26.9 million for the first quarter of 2022.Operating costs of $52.2 million in the first quarter of 2023, a decline from $60.8 million in the first quarter of 2022, primarily reflecting lower cost of revenue due to lower sales, and decreased marketing and amortization expense.Revenues of $77.6 million in the first quarter of 2023 compared to $85.5 million in the first quarter of 2022.( NASDAQ: DDI) (“ DoubleDown” or the “ Company”), a leading developer and publisher of digital games on mobile and web-based platforms, today announced its unaudited financial results for the first quarter ended March 31, 2023.įirst Quarter 2023 vs. SEATTLE, (GLOBE NEWSWIRE) - DoubleDown Interactive Co., Ltd.
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