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Digital Domain Media Group Inc. is a publicly traded company listed on the US stock exchange under the ticker symbol DDMGQ. The company is a global digital production and innovation studio that was founded in 1993. Digital Domain has produced visual effects for over 100 movies and has worked with notable directors such as Martin Scorsese, Tim Burton, and Steven Spielberg. The company also creates digital humans and environments for brands, advertisers, and entertainment properties. Its studio has produced 360 destinations, virtual reality (VR) and augmented reality (AR) experiences, and virtual humans. In 2021, Digital Domain acquired Immersive Content Studio, which creates lifelike virtual humans, including a digital human protestor for the Hong Kong Museum of History.
In its most recent quarterly report, Digital Domain Media Group reported revenue of $28.7 million, a 5% increase year over year. The company's net income for the quarter was $1.2 million, a significant improvement from the net loss of 18.3 million in the same quarter the previous year. Digital Domain Media Group's earnings per share were $0.04, beating predictions of $0.03.
In terms of earnings and growth, Digital Domain Media Group has consistently demonstrated positive trends. While the company's revenue growth may not be explosive, its stability and consistency are impressive. The company's move to digital humans and immersive experiences also sets it apart from other visual effects companies. Digital Domain is well-positioned for continued success in the entertainment and advertising industries.
While past performance is not a guarantee of future results, Digital Domain Media Group's track record, leadership, and trends suggest promising growth potential. It is always recommended to do your research and consider multiple sources before making investment decisions.
Overall, Digital Domain Media Group appears to be in a strong position regarding its creative work, strategic acquisitions, and financial performance.