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

Playstudios

10/05/2023 01:26

* Playstudios Inc  MYPS.OQ  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 13.7% to $80.12 million from a year ago;
analysts
expected $73.72 million. 
    * Playstudios Inc's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 107.5% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Playstudios Inc shares had risen by 20.1% this quarter and
gained 14.2% so far this year.
    * The company reported a quarterly loss of $2.57 million.
    * Wall Street's median 12-month price target for Playstudios
Inc
is $5.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 12:26 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.02          -0.02          Met
 Dec. 31 2022      -0.03          -0.02          Beat
 Sep. 30 2022      -0.01          0.02           Beat
 Jun. 30 2022      0.00           0.04           Beat