earnings
confidence high
sentiment positive
materiality 0.75
PLAYSTUDIOS Q3 revenue $75.9M (+5% YoY), AEBITDA $13.5M (+39% YoY); raises FY AEBITDA guide to $60M
PLAYSTUDIOS, Inc.
2023-Q3 EPS reported
$0.00
revenue$233,774,000
- Revenue $75.9M, up 5% YoY; net income $3.8M vs $3.6M YoY.
- AEBITDA $13.5M, up 39% YoY; AEBITDA margin +430bps from prior year.
- Raises 2023 AEBITDA guidance to $60M from $55-60M; revenue guidance narrowed to $305-315M.
- Share repurchase authorization increased to $50M (from $30M remaining) and extended to Nov 2024.
- Extended Tetris mobile rights exclusively through August 2029.