earnings
confidence high
sentiment neutral
materiality 0.75
PLAYSTUDIOS Q3 revenue $72.1M, AEBITDA $9.8M; updates FY2022 guidance after Brainium acquisition
PLAYSTUDIOS, Inc.
2022-Q3 EPS reported
-$0.13
revenue$210,931,000
- Revenue $72.1M (+2% YoY from $70.6M); net income $3.6M vs $11.2M YoY.
- AEBITDA $9.8M vs $9.6M YoY; Brainium acquisition immediately accretive to margins.
- FY2022 revenue guidance updated to $275-285M; AEBITDA guidance $32-35M.
- Completed acquisition of Brainium (10 casual games, ~2M DAU); integration on track.
- playAWARDS added AMC and Cinemark; reward purchases reached 553K units in Q3.