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 during the quarter.

DarkIris Price Performance

Shares of DKI traded down $0.09 during mid-day trading on Friday, hitting $4.10. The company’s stock had a trading volume of 37,185 shares, compared to its average volume of 626,949. The company’s 50-day moving average is $4.67 and its 200-day moving average is $6.10. DarkIris has a 52-week low of $3.50 and a 52-week high of $188.80.

Institutional Trading of DarkIris

A hedge fund recently bought a new stake in DarkIris stock. Scientech Research LLC purchased a new stake in shares of DarkIris Inc. (NASDAQ:DKI) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 33,991 shares of the company’s stock, valued at approximately $44,000. Scientech Research LLC owned approximately 0.19% of DarkIris at the end of the most recent quarter.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DKI. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of DarkIris in a report on Wednesday, July 29th. Wall Street Zen raised shares of DarkIris to a “sell” rating in a research note on Saturday, June 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock 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.