Benchmark on PlayStudios (MYPS): 'We think MYPS could be a potential acquisition candidate', Names Microsoft (MSFT) & Take-Two (TTWO) as Potential Acquirers

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PLAYSTUDIOS, Inc. Announces First Quarter Results

May 5, 2022 4:15 PM EDT

First Quarter Revenue of $70.5 million

playAWARDS Purchases Up 54% YoY with Retail Value of Purchases Up 80% YoY

LAS VEGAS--(BUSINESS WIRE)-- PLAYSTUDIOS, Inc. (NASDAQ: MYPS) (PLAYSTUDIOS or the Company), the developer of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games, today announced financial results for the first quarter ended March 31, 2022.

First Quarter Financial Highlights

Revenue was $70.5 million during the first quarter of 2022, compared to $74.1 million during the first quarter of 2021. The year-over-year change primarily reflects the... More

MYPS Investors Have Opportunity to Lead Playstudios, Inc. Securities Fraud Lawsuit

May 3, 2022 11:00 AM EDT

LOS ANGELES, May 3, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Playstudios, Inc. ("Playstudios" or the "Company") (NASDAQ:... More