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PLAYSTUDIOS Inc - MYPS STOCK NEWS

Welcome to our dedicated news page for PLAYSTUDIOS (Ticker: MYPS), a resource for investors and traders seeking the latest updates and insights on PLAYSTUDIOS.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PLAYSTUDIOS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PLAYSTUDIOS's position in the market.

Rhea-AI Summary
PLAYSTUDIOS, Inc. (Nasdaq: MYPS) reported fourth-quarter 2023 revenue of $77.1 million with a net loss of $19.9 million. AEBITDA was $14.7 million, showing a 390bps increase in margins from the previous year. Full-year 2023 revenue was $310.9 million, with a net loss of $19.4 million. Consolidated AEBITDA for the year was $62.3 million. CEO Andrew Pascal highlighted strong financial performance, growth initiatives, and strategic realignment for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.91%
Tags
earnings
-
Rhea-AI Summary
PLAYSTUDIOS, Inc. (Nasdaq: MYPS) will release its Q4 and full year 2023 results on March 11, 2024. The company, known for playAWARDS loyalty platform and free-to-play mobile games, will host a conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
earnings
-
Rhea-AI Summary
PLAYSTUDIOS (ticker symbol: PLAY) Extends Exclusive Mobile Licensing Agreement with The Tetris Company, Securing Future Growth Opportunities. The agreement includes an initial five-year extension with an additional three-year option, strategically positioning PLAYSTUDIOS for sustained organic growth and cost-efficient audience development within key mobile gaming categories. The extension comes at a time when user acquisition for new games is increasingly challenging due to market saturation, rising advertising costs, and shifting player preferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
none
Rhea-AI Summary
PLAYSTUDIOS, Inc. reported third-quarter revenue of $75.9 million, a year-over-year increase from $72.1 million. Net income for the quarter was $3.8 million, compared to $3.6 million in the same period last year. AEBITDA was $13.5 million, up from $9.8 million in Q3 2022. AEBITDA margins increased by 430 basis points compared to the previous year. The company expects continued growth through revenue diversification and operational efficiencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.66%
Tags
earnings
-
Rhea-AI Summary
PLAYSTUDIOS to release Q3 2023 results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
earnings
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Rhea-AI Summary
PLAYSTUDIOS, Inc. (MYPS) launches new rewards partners, Two Bit Circus and Illuminarium, for their playAWARDS loyalty platform, offering real-world rewards to players. The partnership provides access to unique attractions like interactive playgrounds, VR gaming, immersive sensory experiences, and more across the U.S. for their 6 million plus monthly active users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.79%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.1%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.94%
Tags
earnings AI
PLAYSTUDIOS Inc

Nasdaq:MYPS

MYPS Rankings

MYPS Stock Data

366.40M
88.40M
26.22%
31.72%
0.55%
Software Publishers
Information
Link
US
Burlingame

About MYPS

we're hiring! check out our open positions at playstudios.com/careers company: ordinarily, we would devote this space to telling you all the typical things about our innovative company, our experienced management team, and our inspiring culture. but lately, it seems talk has become increasingly cheap. so instead, we'll just let our work speak for us. at the end of the day, it is the ultimate reflection of who we are and what we value. and through this work, we hope that principles like creativity, authenticity, quality and fun are seen as something more than empty aspirations. we hope that they are recognized as the defining attributes of all that we do. culture: we believe that a company culture is not defined by a brightly colored office, an armory of nerf guns, or a well-stocked kitchen. we believe it is revealed in the number of times each day that we laugh out loud, learn something new, get inspired, look forward to a class reunion, take time for lunch, choose the music, test our