PLAYSTUDIOS, Inc.

Mr. Monty  Kerr

Founder

Mr. Scott  Peterson

Vice President & Chief Financial Officer

Mr. Joel J. Agena

General Counsel, Vice President & Secretary

Mr. Chad  Hansing

Mr. Michael P. Rolnick

Ms. Mickey  Sonnino

Chief Operating Officer

Samir  Jain

Head of Treasury & Investor Relations

Ms. Stephanie  Rosol

Chief People Performance Officer

Mr. Andrew S. Pascal

Co-Founder, Chairman & Chief Executive Officer

Mr. Paul  Mathews

Co-Founder & Executive Vice President

PLAYSTUDIOS, Inc. develops and publishes free-to-play casual games for mobile and social platforms in the United States, North America, and internationally. The company is headquartered in Las Vegas, Nevada.

Shares are up more than 10% following the Q3 earnings release. Given the challenges to returning to organic growth, management has undertaken a strategic restructuring to reduce expenses and improve profitability. The current valuation appears undemanding, with the company's net cash representing more than half the current market cap.

Playstudios Q3 Earnings: Profitability Set To Rise Even As Revenue Continues To Decline

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Samir Jain – Head of Treasury and Investor Relations Andrew Pascal – Chairman and Chief Executive Officer Scott Peterson – Chief Financial Officer Conference Call Participants Aaron Lee – Macquarie Mike Hickey – Benchmark Danny Pfeiffer – JP Morgan David Pang – Stifel Greg Gibas – Northland Securities Martin Yang – Oppenheimer Operator Greetings, and welcome to the PLAYSTUDIOS Third Quarter 2024 Earnings Call and Webcast. At this time, all participants are in a listen-only mode.

PLAYSTUDIOS, Inc. (MYPS) Q3 2024 Earnings Call Transcript

PLAYSTUDIOS, Inc. (MYPS) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.02 per share a year ago.

PLAYSTUDIOS, Inc. (MYPS) Reports Q3 Loss, Tops Revenue Estimates

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 third quarter ended September 30, 2024. Andrew Pascal, Chairman and Chief Executive Officer of PLAYSTUDIOS, commented, “Despite continued industry pressures, revenues and consolidated AEBITDA came in above consensus expectations this quarter.

PLAYSTUDIOS, Inc. Announces Third Quarter Results

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 2024 results after the close of the market on Monday, November 4, 2024. The Company will host a conference call and audio webcast on Monday, November 4, 2024 at 5:00 pm Eastern Time to disc.

PLAYSTUDIOS to Release Third Quarter 2024 Results November 4

PLAYSTUDIOS, Inc.MYPS

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