secwatch.observer — SEC 8-K summary
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Issuer:     PLAYSTUDIOS, Inc. (MYPS)
CIK:        0001823878
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001823878-26-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PLAYSTUDIOS Q4 revenue $55.4M (-18% YoY), net loss $13.7M; restructuring cuts 27% of workforce
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- Q4 revenue $55.4M vs $67.8M YoY; net loss $13.7M vs $22.4M; AEBITDA $5.1M vs $12.5M.
- Full-year revenue $235.1M (down from $289.4M), net loss $28.6M, AEBITDA $35.6M (down from $56.5M).
- Restructuring plan cuts 27% workforce (177 positions), closes 4 of 9 studios; expects $4.5-7M charges, $33-39M annual savings.
- Direct-to-Consumer revenue grew 76.7% YoY to $8.3M; DTC now 18.9% of virtual currency revenue.
- Tetris Block Party achieved 125k DAU in first 6 weeks; playSWEEPS live in all permissible jurisdictions; POP! Slots sweepstakes targeted late Q2 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823878/000182387826000018/0001823878-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823878/000182387826000018/myps-20260310.htm
  HTML page:      https://secwatch.observer/filing/0001823878-26-000018

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