Acquisition of SuperPlay Expected to Provide Attractive Growth Opportunity at a Meaningful Scale Adds a Proven Studio with a Track Record of Launching and Scaling New Games Acquisition Expected to Close in the Fourth Quarter of 2024 Management will Host a Live Q&A Session Tomorrow at 5:30 a.m. Pacific Time HERZLIYA, Israel, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ: PLTK), a mobile games pioneer and interactive entertainment leader, today announced it has entered into a definitive ag ...

Join the Party as Best Fiends Unleashes New Fiend, Exclusive Events and Surprises Galore! HERZLIYA, Israel, Sept. 3, 2024 /PRNewswire/ -- It's time to party with your favorite Fiends! Seriously, a Playtika studio, is throwing a birthday bash for the ages as Best Fiends, the beloved mobile game that has captivated the hearts of millions, turns 10 years old. Since its creation in 2014, Best Fiends has grown into one of the most popular casual genre mobile games in the world, boasting over 100 million download ...

Gear up for the change of seasons and win big with daily giveaways. HERZLIYA, Israel, Sept. 3, 2024 /PRNewswire/ -- Play solitaire or go shopping – why pick one when you can do both? Playtika's Solitaire Grand Harvest, a leading solitaire game in the U.S.*, is teaming up with awardwinning actress Sarah Jessica Parker to bring a harvest of joy to its players. For 20 days, one lucky registered user will be chosen every day to win $1,000 toward an exciting shopping spree to meet their retail therapy needs. As ...

In celebration of the WSOP tournament ending, this aces meet and greet and game play gave poker fans alike the opportunity to connect with Alexander while enjoying all the excitement WSOP has to offer, including a special in-person interactive Daily Blitz game exclusive to the WSOP tournament. Players were also granted the opportunity to chat with poker pros, engage in a backstage tour of the WSOP game hall, put their poker faces to the test during a free-to-play game with fellow VIP players from across the ...

| --- | --- | --- | --- | |-------|-------|--------------------------------------------|-------| | | | | | | | | | | | | | PLAYTIKA HOLDING CORP. | | | | | Second Quarter 2024 Results August 7, 2024 | | LEGAL DISCLAIMER Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Exchange Act. All statements other than statements of historical facts contained in this presentation, inc ...

Playtika Holding Corp. (NASDAQ:PLTK) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Tae Lee - SVP-Corporate Finance and Investor Relations Robert Antokol - Co-Founder and CEO Craig Abrahams - President and Chief Financial Officer Nir Korczak - CMO Conference Call Participants Colin Sebastian - Baird Drew Crum - Stifel Aaron Lee - Macquarie Omar Dessouky - Bank of America Eric Handler - ROTH Capital Clark Lampen - BTIG Matthew Cost - MS Christopher Schoell - UBS Operator Good ...

Playtika Holding (PLTK) reported $627 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 2.5%. EPS of $0.23 for the same period compares to $0.21 a year ago. The reported revenue represents a surprise of -2.36% over the Zacks Consensus Estimate of $642.15 million. With the consensus EPS estimate being $0.17, the EPS surprise was +35.29%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Core Insights - Playtika Holding (PLTK) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.17 per share, and up from $0.21 per share a year ago, representing an earnings surprise of 35.29% [1] - The company posted revenues of $627 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 2.36%, and down from $642.8 million year-over-year [2] - Playtika shares have declined approximately 19.7% year-to-date, contrasting with the S&P 500's gain of 9.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $639.63 million, and for the current fiscal year, it is $0.66 on revenues of $2.58 billion [7] - The estimate revisions trend for Playtika is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Gaming industry, to which Playtika belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting that it has a favorable outlook compared to the bottom half of ranked industries [8] - Another company in the same industry, GameStop (GME), is expected to report a quarterly loss of $0.01 per share, with revenues projected to decline by 22.7% year-over-year [9]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ` 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 REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-39896 PLAYTIKA HOLDING CORP. (Exact Name of Registrant as Specified in its Charter) Delaware 81-3634591 (State of ot ...

Revenue Performance - Revenue for Q2 2024 was $627.0 million, a decrease of 3.7% sequentially and 2.5% year over year[2]. - Revenues for the three months ended June 30, 2024, were $627.0 million, a decrease of 2.8% from $642.8 million in the same period of 2023[14]. Net Income and Profitability - Net income rose to $86.6 million, reflecting a sequential increase of 63.4% and a year-over-year increase of 14.4%[2]. - Net income for the three months ended June 30, 2024, was $86.6 million, compared to $75.7 million for the same period in 2023, representing a 14.0% increase[14]. - The provision for income taxes for the three months ended June 30, 2024, was $33.7 million, compared to $40.4 million in the same period of 2023[19]. EBITDA Metrics - Credit Adjusted EBITDA was $191.0 million, up 2.9% sequentially but down 11.2% year over year[2]. - Credit Adjusted EBITDA for the three months ended June 30, 2024, was $191.0 million, down from $215.0 million in the same period of 2023, resulting in a Credit Adjusted EBITDA margin of 30.5%[19]. - Credit Adjusted EBITDA for the full year 2024 is projected to be in the middle of the range of $730 - $770 million[5]. Cash and Investments - Cash, cash equivalents, and short-term investments totaled $1.1 billion as of June 30, 2024[2]. - The company experienced a net change in cash, cash equivalents, and restricted cash of $(319.9) million for the six months ended June 30, 2024[15]. - The company reported a net cash used in investing activities of $449.1 million for the six months ended June 30, 2024, compared to $33.0 million in the same period of 2023[15]. - Cash flows from operating activities for the six months ended June 30, 2024, were $180.1 million, a decrease from $227.5 million in the same period of 2023[15]. Direct-to-Consumer Performance - Direct-to-Consumer (DTC) revenue was $173.7 million, increasing 1.3% sequentially and 5.1% year over year[2]. User Metrics - Average Daily Paying Users (DPUs) decreased to 298K, down 3.6% sequentially and 2.9% year over year[3]. - The average Payer Conversion rate improved to 3.7%, up from 3.5% in Q1 2024[3]. Costs and Expenses - Total costs and expenses for the three months ended June 30, 2024, were $486.3 million, down from $503.6 million in the same period of 2023[14]. Dividends - Playtika's Board declared a cash dividend of $0.10 per share, payable on October 4, 2024[4]. - The company paid dividends totaling $37.1 million during the six months ended June 30, 2024[15]. Future Outlook - The company expects full-year 2024 revenue to be at the lower end of the range of $2.52 - $2.62 billion[5].