PLAYSTUDIOS, Inc. Announces Third Quarter Results
PLAYSTUDIOS, Inc. - Class A (MYPS)
Company Research
Source: Business Wire
Third Quarter Revenue of $71.2 million and Net loss of $3.1 millionConsolidated AEBITDA of $14.6 million LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (NASDAQ: MYPS) (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play mobile and social games and the developer of the playAWARDS loyalty platform, today announced financial results for the third quarter ended September 30, 2024.Andrew Pascal, Chairman and Chief Executive Officer of PLAYSTUDIOS, commented, “Despite continued industry pressures, revenues and consolidated AEBITDA came in above consensus expectations this quarter. AEBITDA margins increased to 20.5% and we believe further gains are achievable. We made progress on our many strategic initiatives this quarter including raising the monetization of our games, expanding the Tetris Brand, a full integration of playAWARDS, furthering our DTC initiative, and evaluating new growth opportunities.”He continued, “We are also announcing our newly instituted reinv
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News
- PLAYSTUDIOS, Inc. (MYPS) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- PlayStudios (NASDAQ:MYPS) Beats Q3 Sales Targets [Yahoo! Finance]Yahoo! Finance
- PlayStudios (MYPS) Q3 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- PLAYSTUDIOS to Release Third Quarter 2024 Results November 4Business Wire
- PLAYSTUDIOS, Inc. (NASDAQ: MYPS) had its price target lowered by analysts at Stifel Nicolaus from $4.00 to $3.50. They now have a "buy" rating on the stock.MarketBeat
MYPS
Earnings
- 11/4/24 - Beat
MYPS
Analyst Actions
- 10/18/24 - Stifel
MYPS
Sec Filings
- 11/20/24 - Form 4
- 11/18/24 - Form 144
- 11/8/24 - Form SC
- MYPS's page on the SEC website