In my previous write-up on Playstudios (NASDAQ: MYPS ) following its Q2 results, I downgraded the stock from Buy to Hold due to growth concerns and the lack of near-term catalysts. Its Q3 results reinforce these concerns, showingAn individual investor primarily focused on undercovered companies, with more than 50 companies on my watchlist. My areas include technology, software, electronics and the energy transition. I have been investing my personal capital for over 7 years in a broad range of companies glo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Class A common stock MYPS Nasdaq Stock Market LLC Redeemable warrants exercisable for one share of Class A common stock at an exercise price of $11.50 per share MYPSW Nasdaq Stock Market LLC FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSI ...

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 ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.02, delivering a surprise of 33.33%.Over the last four quarters, the company has su ...

Exhibit 99.1 PLAYSTUDIOS, INC. ANNOUNCES THIRD QUARTER RESULTS Third Quarter Revenue of $71.2 million and Net loss of $3.1 million Consolidated AEBITDA of $14.6 million Las Vegas, Nevada – November 4, 2024 – 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 ...

jakubrupa/iStock via Getty Images Investment thesis Playstudios (NASDAQ:MYPS) shares are down nearly 30% since my write-up in June, which outlined my bullish thesis for the company. Q2 results showed a weak performance in the company's social casino segment, while the anticipated launch of its new Tetris game has been underwhelming so far. Although management remains optimistic about addressing these issues, they have significantly lowered revenue and adjusted EBITDA guidance. Despite finding the current va ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Class A common stock MYPS Nasdaq Stock Market LLC Redeemable warrants exercisable for one share of Class A common stock at an exercise price of $11.50 per share MYPSW Nasdaq Stock Market LLC FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION ...

PLAYSTUDIOS, Inc. (NASDAQ:MYPS) Q2 2024 Results Conference Call August 5, 2024 5:00 PM ET Company Participants Samir Jain - Head of IR and Treasury Andrew Pascal - Chairman and CEO Scott Peterson - CFO Jason Hahn - EVP, Head of Corporate and Business Development Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Corp Cory Carpenter - JP Morgan Aaron Lee - Macquarie Clark Lampen - BTIG Martin Yang - Oppenheimer and Company David Pang - Stifel Greg Gibas - Northland Securities Operator Greetings ...

Exhibit 99.1 PLAYSTUDIOS, INC. ANNOUNCES SECOND QUARTER RESULTS Second Quarter Revenue of $72.6 million and Net loss of $2.6 million Consolidated AEBITDA of $14.1 million Las Vegas, Nevada – August 5, 2024 – PLAYSTUDIOS, Inc. (NASDAQ: MYPS) ("PLAYSTUDIOS" or the "Company"), an awardwinning developer of free-to-play mobile and social games and the developer of the playAWARDS loyalty platform , today announced financial results for the second quarter ended June 30, 2024. Second Quarter Financial Highlights • ...

Investment thesis Company Overview notable progress in all these fronts, and I believe we're on our way to exiting the year at an improved run rate. Playstudios Revenue and Adjusted EBITDA $80 $60 $40 $20 $0 22Q1 23Q1 23Q2 23Q4 22Q2 22Q3 22Q4 23Q3 24Q1 Throughout 2023 management had shifted its focus away from revenue growth, towards driving higher profit margins. As shown above, this has led to revenue stagnating in recent quarters, while Adjusted EBITDA has significantly increased. In its latest quarter, ...