Playstudios Inc reports results for the quarter ended in December - Earnings Summary

Playstudios

09/03/2023 23:26

* Playstudios Inc  MYPS.OQ  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue rose 10.4% to $79.38 million from a year ago;
analysts
expected $70.12 million. 
    * Playstudios Inc's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Playstudios Inc shares had fallen by 7.0% this quarter.
    * The company reported a quarterly loss of $1.7 million.
    * Wall Street's median 12-month price target for Playstudios
Inc
is $5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 11:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.03          -0.02          Beat
 Sep. 30 2022      -0.01          0.02           Beat
 Jun. 30 2022      0.00           0.04           Beat
 Mar. 31 2022      -0.02          -0.20          Missed