MYPS Stock Recent News

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.

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q1 2023 Earnings Conference Call May 9, 2023 5:00 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 David Pang - Stifel Aaron Lee - Macquarie Ryan Sigdahl - Craig-Hallum Capital Group Arthur Chu - Bank of America Operator Greetings. Welcome to the PLAYSTUDIOS First Quarter 2023 Earnings Call.

PLAYSTUDIOS reported fourth-quarter revenue that beat consensus as well as its own expectations, sending its shares higher. The developer of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games, delivered revenue of $79.4 million for the three months to December 31, 2022, from $71.9 million in the corresponding quarter of 2021.

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q4 2022 Earnings Conference Call March 9, 2023 5:00 PM ET Company Participants Samir Jain - Head of IR and Treasury Andrew Pascal - Co-Founder, Chairman and CEO Scott Peterson - VP and CFO Jason Hahn - EVP and Head of Corporate and Business Development Conference Call Participants Aaron Lee - Macquarie Ryan Sigdahl - Craig-Hallum Capital Group Mike Hickey - The Benchmark Company Greg Gibas - Northland Security Martin Yang - Oppenheimer Operator Good day, ladies and gentlemen. Thank you for standing by.

PLAYSTUDIOS, Inc. (MYPS) delivered earnings and revenue surprises of 33.33% and 11.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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 year-end 2022 results after the close of the market on Thursday, March 9, 2023.

The Playstudios loyalty program is a key to everything. The key to MYPS upside is margin expansion.

Playstudios is poised to ride a better mobile gaming market higher in 2023. The company recently closed the Brainium deal to boost revenues and loyalty program members.