PLAYSTUDIOS Inc reports results for the quarter ended December 31 - Earnings Summary

• PLAYSTUDIOS Inc MYPS.OQ reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of six analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -14 cents to -1 cents per share.

• Revenue fell 12.1% to $67.78 million from a year ago; analysts expected $67.42 million.

• PLAYSTUDIOS Inc's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $22.41 million.

• PLAYSTUDIOS Inc shares had fallen by 16.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for PLAYSTUDIOS Inc is $3.00

This summary was machine generated from LSEG data March 10 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)