tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Digital Domain Holdings Reports 2024 Financial Results with Notable Losses

Story Highlights
Digital Domain Holdings Reports 2024 Financial Results with Notable Losses

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Digital Domain Holdings ( (HK:0547) ) is now available.

Digital Domain Holdings Limited announced its annual results for the year ended December 31, 2024, revealing a decrease in revenue to HK$625.8 million from HK$736.5 million in 2023. Despite a slight increase in gross profit, the company reported a significant loss of HK$313.3 million, attributed to various impairments and financial costs, impacting its financial stability and market positioning.

More about Digital Domain Holdings

Digital Domain Holdings Limited is a company incorporated in Bermuda, operating in the digital media industry. It focuses on providing visual effects and digital production services, serving a global market with innovative digital content solutions.

Technical Sentiment Signal: Sell

Current Market Cap: $487.3M

For a thorough assessment of 0547 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1