DarkIris (NASDAQ:DKI) Issues Earnings Results

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

DarkIris Trading Down 4.8%

Shares of NASDAQ DKI traded down $0.20 during trading on Friday, reaching $3.99. The stock had a trading volume of 23,206 shares, compared to its average volume of 352,563. DarkIris has a fifty-two week low of $3.50 and a fifty-two week high of $188.80. The business’s 50-day moving average price is $4.70 and its 200-day moving average price is $6.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in DarkIris stock. Renaissance Technologies LLC boosted its holdings in shares of DarkIris Inc. (NASDAQ:DKI) by 145.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,942 shares of the company’s stock after buying an additional 74,110 shares during the quarter. Renaissance Technologies LLC owned 9.92% of DarkIris worth $37,000 as of its most recent SEC filing.

Analyst Ratings Changes

Several research firms have recently weighed in on DKI. Wall Street Zen raised shares of DarkIris to a “sell” rating in a research note on Saturday, June 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of DarkIris in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus 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.