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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/13/2026

1. ADBE
2. SPCX
3. USO
4. SPY
5. RH
6. NVDA
7. RKLB
8. CRM
9. MSFT
10. DOL:CN

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

Macquarie Reiterates Outperform Rating on PlayStudios (MYPS)

November 5, 2024 3:22 PM EST

Macquarie analyst Aaron Lee reiterated an Outperform rating and $3.00 price target on PlayStudios (NASDAQ: MYPS).

The analyst comments "MYPS reported a 3Q beat, with EBITDA coming in 12% ahead of consensus. While the company maintained 2024 guidance (revenue of $285-295m and EBITDA of $55-60m), management announced a cost reduction program expected to yield $25-30m in annual cost savings in '25 through workforce reduction, suspension... More