MYPS Stock Recent News

LAS VEGAS--(BUSINESS WIRE)--Please replace the release dated June 24, 2024 with the following corrected version due to multiple revisions. The updated release reads: PLAYSTUDIOS ANNOUNCES THE WORLD'S LARGEST SLOTS TOURNAMENT IN THE BAHAMAS, WHERE PLAYERS WILL COMPETE FOR A $1 MILLION CASH PRIZE The myVIP World Tournament of Slots, an exclusive and inaugural million-dollar event, will unite slot enthusiasts from the digital and real-world to compete at the Atlantis Paradise Island this October p.

LAS VEGAS--(BUSINESS WIRE)--playSTUDIOS, the award-winning developer and publisher of free-to-play mobile games that offer real-world rewards to players, today announced its inaugural million-dollar myVIP World Tournament of Slots (WToS) event taking place from October 24-27, 2024 at Atlantis Paradise Island in the Bahamas. The high-profile tournament will bring together slot enthusiasts from the digital and real world who will compete for a top cash prize of $1 million and the prestigious titl.

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games that offer real-world rewards to players, today announced the Company has repurchased 11,677,398 shares of the Company's Class A common stock held by Microsoft Corporation. Shares were purchased at a price of $2.11 per share and funded with available cash. Total consideration paid by P.

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games that offer real-world rewards to players, today announced the company has entered into an agreement to purchase the 11,677,398 shares of the Company's Class A common stock held by Microsoft Corporation. Shares will be purchased at a price of $2.11 per share and funded with available ca.

Playstudios shares are down nearly 20% this year, despite solid business performance. The company continues to exhibit strong profitability, even as revenue has stagnated in recent quarters. The company's net cash position comprises of more than 40% of its current market cap, and management is executing a $50 million share repurchase program.

LAS VEGAS--(BUSINESS WIRE)--Today, on World Tetris® Day, playSTUDIOS, Inc. (NASDAQ: MYPS), the award-winning developer and publisher of free-to-play mobile games that offer real-world rewards to players, announced the immediate release of Tetris Block Puzzle and a fresh update to Tetris mobile, commemorating the Tetris brand's 40th anniversary with exciting new enhancements. Since securing exclusive global rights in 2021 to develop and publish Tetris titles on mobile platforms, playSTUDIOS has.

PLAYSTUDIOS (MYPS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Samir Jain - Head of Investor Relations and Treasury Andrew Pascal - Chief Executive Officer Scott Peterson - Chief Financial Officer Jason Hahn - Head of Corporate and Business Development Katie Bolich - Head of Player Experience Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group LLC Aaron Lee - Macquarie Group Limited David Pang - Stifel Financial Corp. Greg Gibas - Northland Securities, Inc. Martin Yang - Oppenheimer & Co. Inc. Clark Lampen - BTIG, LLC Operator Good afternoon, everyone, and welcome to the PLAYSTUDIOS First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

PLAYSTUDIOS, Inc. (MYPS) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.01 per share a year ago.

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games that offer real-world rewards to players, today announced that it will release its first quarter 2024 results after the close of the market on Monday, May 6, 2024. The Company will host a conference call and audio webcast on Monday, May 6, 2024 at 5:00 pm Eastern Time to discuss the re.