DarkIris (NASDAQ:DKI) Posts Earnings Results

DarkIris (NASDAQ:DKI) announced its earnings results on Thursday. The company reported ($0.76) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $2.96 million for the quarter.

DarkIris Trading Down 2.5%

DKI stock traded down $0.10 during mid-day trading on Thursday, reaching $4.04. 79,307 shares of the stock traded hands, compared to its average volume of 354,671. DarkIris has a one year low of $3.50 and a one year high of $188.80. The business has a 50-day moving average price of $4.73 and a two-hundred day moving average price of $6.13.

Hedge Funds Weigh In On DarkIris

An institutional investor recently raised its stake in DarkIris stock. Renaissance Technologies LLC boosted its position in shares of DarkIris Inc. (NASDAQ:DKI) by 145.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 124,942 shares of the company’s stock after purchasing an additional 74,110 shares during the period. Renaissance Technologies LLC owned about 9.92% of DarkIris worth $37,000 as of its most recent SEC filing.

Wall Street Analyst Weigh In

DKI has been the subject of several recent research reports. Wall Street Zen upgraded DarkIris to a “sell” rating in a research report on Saturday, June 6th. Weiss Ratings restated a “sell (d-)” rating on shares of DarkIris in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

About DarkIris

DarkIris Inc is a holding company incorporated as an exempted company on May 31, 2024 under the laws of the Cayman Islands. We operate substantially all of our business through our subsidiaries in Hong Kong, namely Quantum Arts Co, Limited (“Quantum”) and Hongkong Stellar Wisdom Co, Limited (“Stellar”). Operated in Hong Kong, we are a comprehensive technology enterprise engaged in the development, publishing and operating of mobile digital games via various third-party digital storefronts. Our activities encompass including game design, programming and graphics, as well as distribution and operation of mobile games on various platforms.