Brief: Playstudios Q2 Revenue USD 59.338 Million Vs. IBES Estimate USD 61.6 Million

Playstudios

04/08/2025 21:15

Overview

Playstudios, free-to-play mobile games developer's Q2 revenue falls to $59.3 mln, missing analyst expectations

Company reports net loss of $2.9 mln, up from $2.6 mln a year ago

Direct-to-consumer revenue rises 107% yr/yr, reflecting strategic focus

Outlook

Company maintains full-year revenue guidance of $250 mln to $270 mln

Company expects full-year AEBITDA between $45 mln and $55 mln

Company anticipates Tetris Block Party launch in Q4 2025

Result Drivers

DIRECT-TO-CONSUMER GROWTH - Direct-to-consumer revenue increased by 107% yr/yr, reflecting strategic focus

MARKET HEADWINDS - Core business affected by market headwinds, impacting overall revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$59.34 mln
$61.60 mln (5 Analysts)
Q2 Net Income
-$2.95 mln
Q2 Pretax Profit
-$2.74 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for PLAYSTUDIOS Inc is $2.50, about 56.4% above its August 1 closing price of $1.09

Press Release: ID:nBw6bTf0Va

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)