1 week ago - businesswire.com

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.

1 week ago - businesswire.com

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.

3 weeks ago - businesswire.com

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.

3 weeks ago - businesswire.com

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.

3 weeks ago - seekingalpha.com

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.

1 month ago - businesswire.com

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.

1 month ago - zacks.com

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

2 months ago - seekingalpha.com

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.

2 months ago - zacks.com

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.

2 months ago - businesswire.com

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (NASDAQ: MYPS) (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play mobile and social games and the developer of the playAWARDS loyalty platform, today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial Highlights Revenue was $77.8 million during the first quarter of 2024, compared to $80.1 million during the first quarter of 2023. Net loss was $0.6 million during the first quarter.

2 months ago - businesswire.com

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.

3 months ago - zacks.com

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.

3 months ago - seekingalpha.com

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q4 2023 Results Conference Call March 11, 2024 5:00 PM ET Company Participants Samir Jain - Head of Investor Relations and Treasury Andrew Pascal - Chairman and Chief Executive Officer Scott Peterson - Chief Financial Officer Jason Hahn - Executive VP and Head of Corporate & Business Development Conference Call Participants Ryan Sigdahl - Craig Hallum Aaron Lee - Macquarie David Pang - Stifel Greg Gibas - Northland Securities Operator Good afternoon, everyone, and welcome to the PLAYSTUDIOS Fourth Quarter and Year-End 2023 Earnings Call. At this time, all participants are in a listen-only mode.

3 months ago - businesswire.com

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer and publisher of free-to-play mobile and social games, today announced financial results for the fourth quarter ended December 31, 2023. Fourth Quarter Financial Highlights Revenue was $77.1 million during the fourth quarter of 2023, compared to $79.4 million during the fourth quarter of 2022. Net loss was $19.9 million duri.

4 months ago - businesswire.com

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.

6 months ago - zacks.com

After a stellar rally in Wall Street this year, investors with limited funds but desire to participate in the market can bet on low-priced top-ranked stocks like Eton Pharmaceuticals (ETON), LegalZoom.com (LZ), PLAYSTUDIOS (MYPS), American Public Education (APEI) and Cellebrite DI (CLBT).

7 months ago - investorplace.com

Many bargain-priced mid-cap and micro-cap penny stocks are trading at highly-discounted levels right now. With the recent cooler-than-expected PCE inflation read, markets are now pricing in just a 2.5% chance of another Fed rate hike.

7 months ago - businesswire.com

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS today announced that it has extended its exclusive mobile licensing agreement with The Tetris Company for the iconic TETRIS® game. The initial five-year extension, which includes an additional three-year option (for up to eight years total), comes at a time when user acquisition for new games is increasingly challenging due to market saturation, rising advertising costs, and shifting player preferences. By keeping the globally-recognized TETRIS brand with.

8 months ago - zacks.com

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.

8 months ago - seekingalpha.com

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].

8 months ago - businesswire.com

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer and publisher of free-to-play mobile and social games, today announced financial results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights Revenue was $75.9 million during the third quarter of 2023, compared to $72.1 million during the third quarter of 2022. Net income was $3.8 million during.

8 months ago - businesswire.com

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.

8 months ago - seekingalpha.com

PlayStudios has faced challenges post-IPO but has made strategic shifts towards new growth drivers in its advertising segment. The company's core virtual currency segment remains stable, with a focus on higher player spends. There is potential for EBITDA margin expansion through cost-saving initiatives and growth in margin accretive portfolio businesses.

11 months ago - businesswire.com

LAS VEGAS--(BUSINESS WIRE)--Just in time for summer, PLAYSTUDIOS, Inc. (NASDAQ: MYPS), the creator of the playAWARDS loyalty platform and an award-winning developer and publisher of free-to-play mobile games that offer real-world rewards to players, celebrates the launch of its new rewards partners, Two Bit Circus, an imaginative and meticulously crafted micro-amusement park, along with the exhilarating and immersive sensory space, Illuminarium. Two Bit Circus and Illuminarium join the extraord.

11 months ago - seekingalpha.com

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.