Playtika Q1 revenue $656.2M, net income $84.1M, Credit Adj. EBITDA $222.7M; reaffirms FY guidance

Playtika Holding Corp.

2023-Q1 EPS reported $0.23 revenue$656,200,000

Revenue $656.2M (-3.1% YoY, +4.0% seq); net income $84.1M (+1.1% YoY, -3.9% seq).
Credit Adj. EBITDA $222.7M (+12.8% YoY, +9.9% seq); margin 33.9% vs 29.2% a year ago.
Average payer conversion rose to 3.6% from 3.2% YoY; Bingo Blitz and Solitaire Grand Harvest saw strong gains.
FY 2023 guidance reaffirmed: revenue $2.57-2.62B, Credit Adj. EBITDA $805-830M, capex $115-120M.
Casual games revenue up 7.1% seq; social casino-themed games down 11% YoY; Slotomania revenue $146.6M (-12.1% YoY).

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Playtika Holding Corp. reported the quarter ended March 31, 2023 results: revenue $656.2 million, net income $84.1 million. Guidance reaffirmed.

Period: the quarter ended March 31, 2023
Revenue: $656.2 million
Net income: $84.1 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Playtika Holding Corp. Reports Q1 2023 Financial Results Total Revenue of $656.2 million and DTC Platforms 1 Revenue of $151.5 million Average Payer Conversion Grows to 3.6% GAAP Net Income of $84.1 million and Credit Adj. EBITDA of $222.7 million

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accession 0001828016-23-000020

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