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DDi Q3 Results Show Increased Sales

Written by Kathy Nargi-Toth
Thursday, 23 October 2008
ANAHEIM, CA -- DDi Corp reported financial results for the Q3 that ended September 30, 2008. Net sales increased 14% YoY to $49.3 million, with a gross margin 20.8% and adjusted EBITDA of $7.1 million. Net income was $1.6 million, or $0.08 per diluted share. The company repurchased 1.6 million shares of stock, leaving 19.8 million shares outstanding. Mikel Williams, President and CEO of DDi, stated, "I am pleased with another quarter of solid results as we demonstrate focused execution on our strategy and operating plan despite a challenging general economic environment."

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