MYPS Stock Recent News

The fourth-quarter 2023 results of PLAYSTUDIOS (MYPS) portray the dismal performance of its line of businesses along with an expanded adjusted EBITDA margin on the back of strategic operational initiatives.

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 fourth quarter and full year 2023 results after the close of the market on Monday, March 11, 2024. The Company will host a conference call and audio webcast on Monday, March 11, 2024 at 5:00 pm Eastern T.

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PLAYSTUDIOS, Inc. (MYPS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Samir Jain - Head of IR and Treasury Andrew Pascal - Chairman and CEO Scott Peterson - CFO Conference Call Participants Ryan Sigdahl - Craig Hallum David Pang - Stifel Greg Gibas - Northland Securities Operator Greetings, and welcome to the PLAYSTUDIO's Third Quarter 2023 Earnings Call. [Operator Instructions].

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 third quarter 2023 results after the close of the market on Thursday, November 2, 2023. The Company will host a conference call and audio webcast on Thursday, November 2, 2023 at 5:00 pm Eastern Time to.

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q2 2023 Earnings Conference Call August 3, 2023 12:00 PM ET Company Participants Samir Jain - Head of IR and Treasury Andrew Pascal - Co-Founder, Chairman and CEO Scott Peterson - VP and CFO Conference Call Participants Ryan Sigdahl - Craig Hallum Capital Group David Karnovsky - JP Morgan David Pang - Stifel Greg Gibas - Northland Securities Operator Good afternoon everyone and welcome to the PLAYSTUDIOS Second Quarter 2023 Earnings Call. [Operator Instructions] As a reminder this conference is being recorded.

PLAYSTUDIOS, Inc. (MYPS) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.04 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 second quarter 2023 results after the close of the market on Thursday, August 3, 2023. The Company will host a conference call and audio webcast on Thursday, August 3, 2023 at 5:00 pm Eastern Time to dis.

Playstudios is expected to see mobile gaming growth improve after a slowdown due to overspending during the Covid-19 period, with revenue growth forecast at 15% in FY23 and 5% in FY24. The company's margins are expected to improve significantly, with adjusted EBITDA-M predicted to reach 16.4% by FY25, suggesting the company is currently undervalued. Key risks to the investment thesis include spiraling S&A spending if revenue growth doesn't meet expectations and potential legislation to protect underage consumers from gambling games.