Playtika Q3 revenue up 1.9% to $647.8M; net income falls to $68.2M; casual games surge 14.4%

Playtika Holding Corp.

2022-Q3 EPS reported $0.46 revenue$1,984,300,000

Q3 revenue $647.8M (+1.9% YoY); net income $68.2M (down from $80.5M).
Casual portfolio revenue +14.4% YoY, now 54.9% of total; Social Casino -10.2%.
June's Journey +32.5%, Bingo Blitz +14.7%, Slotomania -12.7%.
October $600M tender offer at $11.58 retired ~51.8M shares.
FY22 guidance reaffirmed: revenue $2.60-$2.66B, Adj. EBITDA $900-$940M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Playtika Holding Corp. reported Third Quarter 2022 results: revenue $647.8 million, net income $68.2 million. Guidance reaffirmed.

Period: Third Quarter 2022
Revenue: $647.8 million
Net income: $68.2 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Playtika Holding Corp. Reports Third Quarter 2022 Results Third Quarter Revenue Grew to $647.8 million, up 1.9% Year-over-Year Casual Portfolio Revenue Grew 14.4% year-over-year and is now 54.9% of Revenue Direct-to-Consumer Channel Grew 9.4% Year-over-Year and is now 23.3% of Revenue Herzliya, Israel - November 8, 2022 - Playtika Holding Corp. (NASDAQ: PLTK) today released financial results for its third quarter for the period ending September 30, 2022. Third Quarter 2022 Financial Highlights: • Third quarter revenue was $647.8 million (1) compared to $635.9 million in the prior year period. • Net income was $68.2 million compared to $80.5 million in the prior year period.

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Source: SEC EDGAR

accession 0001828016-22-000053

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