secwatch.observer — SEC 8-K summary
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Issuer:     PLAYSTUDIOS, Inc. (MYPS)
CIK:        0001823878
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001823878-23-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PLAYSTUDIOS Q2 revenue $77.8M, net loss $0.8M; raises 2023 AEBITDA guidance to $55-60M
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- Revenue $77.8M (+14% YoY); net loss $0.8M vs net income $5.5M in Q2 2022.
- AEBITDA $16.3M (up 123% YoY); margin 20.9% (+1010 bps vs prior year).
- 2023 AEBITDA guidance raised to $55-60M (prev $50-60M); revenue guidance unchanged at $305-325M.
- Repurchased 4.7M shares at avg $4.23; $30M remaining under $50M buyback authorization.
- playAWARDS added Cirque du Soleil and Hershey's as partners; total rewards partners exceed 110.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823878/000182387823000033/0001823878-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823878/000182387823000033/myps-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001823878-23-000033

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