PLAYSTUDIOS, Inc (MYPS) Reports In-Line Q3 EPS, Beats on Revenue; Offers FY24 Revenue Guidance

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Go back to PLAYSTUDIOS, Inc (MYPS) Reports In-Line Q3 EPS, Beats on Revenue; Offers FY24 Revenue Guidance

PLAYSTUDIOS, Inc. Announces Third Quarter Results

November 4, 2024 4:15 PM EST

Third Quarter Revenue of $71.2 million and Net loss of $3.1 million

Consolidated 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... More