secwatch.observer — SEC 8-K summary
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Issuer:     PLAYSTUDIOS, Inc. (MYPS)
CIK:        0001823878
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001823878-21-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PLAYSTUDIOS Q3 revenue $70.6M, net income $11.2M; board approves $50M share buyback
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- Q3 revenue $70.6M (flat YoY vs $69.7M); nine-month revenue $215.5M, up 4.7% YoY.
- Q3 GAAP net income $11.2M vs $5.1M YoY; AEBITDA $9.6M vs $13.3M YoY.
- Board authorized up to $50M stock repurchase over 12 months due to undervaluation.
- Full-year 2021 revenue guidance reaffirmed at $282.5M-$287.5M; AEBITDA guidance $35M-$40M.
- playAWARDS rewards purchased increased 169% YoY; new partners include Bowlero, Royal Caribbean.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823878/000182387821000040/0001823878-21-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823878/000182387821000040/myps-20211110.htm
  HTML page:      https://secwatch.observer/filing/0001823878-21-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer