PLAYSTUDIOS, Inc (MYPS) Tops Q1 EPS by 1c; Offers FY23 Revenue Guidance

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PLAYSTUDIOS, Inc. Announces First Quarter Results

May 9, 2023 4:15 PM EDT

First Quarter Revenue of $80.1 million and Net loss of $2.6 million

AEBITDA of $17.8 million, AEBITDA Margins up 930bps from year ago levels

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, 2023.

First Quarter Financial Highlights

Revenue was $80.1 million during the first quarter of 2023, compared to $70.5 million during the first... More