NASDAQ$MYPS
Playstudios Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Announced second quarter results with revenue of $77.8 million and a net loss of $0.8 million.
PLAYSTUDIOS reported a solid second quarter in 2023, with revenue and AEBITDA exceeding expectations. Revenue reached $77.8 million, and the company saw significant growth in AEBITDA margins, driven by portfolio momentum, execution focus, and cost discipline.
- Revenue was $77.8 million, compared to $68.4 million in the second quarter of 2022.
- Net loss was $0.8 million, compared to net income of $5.5 million in the second quarter of 2022.
- AEBITDA was $16.3 million, compared to $7.3 million in the second quarter of 2022.
- AEBITDA margins grew over 1,000 basis points year over year to 20.9%.
Headline financials
Revenue & EPS history
Playstudios · Revenue · Quarterly
$77.8M
Forward guidance
The Company is increasing its 2023 AEBITDA guidance to a range of $55 to $60 million from the previous range of $50 to $60 million. 2023 Revenue guidance of $305 to $325 million remains unchanged. At the midpoint of guidance, this implies year/year revenue growth of 9% and year/year AEBITDA growth of 50%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2023
-3.5%
Avg return
Earnings day
-6.2%
Avg return
5 days after
-3.3%
Avg return
30 days after
48%
11 / 23 earnings
Positive
+13.1%
Q3 2021
Best reaction
-20.2%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.4% | +6.9% | — | |
| Q4 2025 | +1.3% | -3.2% | -6.0% | |
| Q3 2025 | -8.8% | -12.4% | -29.5% | |
| Q1 2025 | -5.8% | +10.7% | +5.0% | |
| Q4 2024 | -12.0% | -17.3% | -16.7% | |
| Q3 2024 | +6.6% | +13.1% | +50.4% | |
| Q2 2024 | -18.6% | -26.7% | -30.0% | |
| Q1 2024 | +3.0% | -2.6% | -1.3% | |
| Q4 2023 | +8.9% | -1.9% | +28.5% | |
| Q3 2023 | -5.4% | -5.4% | -7.6% | |
| Q2 2023 | -16.5% | -16.0% | -23.2% | |
| Q1 2023 | +1.1% | +2.3% | +2.0% | |
| Q4 2022 | +10.0% | +5.5% | +3.6% | |
| Q3 2022 | -20.2% | -12.5% | -11.8% | |
| Q2 2022 | +6.2% | +11.5% | -7.8% | |
| Q1 2022 | -17.0% | -28.2% | +5.7% | |
| Q4 2019 | -7.0% | -3.7% | +21.6% | |
| Q4 2021 | -2.4% | -21.7% | -12.2% | |
| Q3 2021 | +13.1% | +3.0% | -8.9% | |
| Q2 2020 | -13.0% | -25.2% | -16.2% | |
| Q2 2021 | -14.2% | -20.4% | -18.7% | |
| Q1 2021 | +0.4% | +0.0% | -1.3% | |
| Q4 2020 | +0.4% | +0.8% | +1.1% | |
| Q3 2020 | — | — | — |
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