NASDAQ$MYPS
Playstudios Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
PLAYSTUDIOS announced third quarter results with revenue of $71.2 million and a net loss of $3.1 million.
PLAYSTUDIOS reported Q3 2024 results with revenue above consensus expectations at $71.2 million. The company experienced a net loss of $3.1 million, but AEBITDA margins increased to 20.5%. Strategic initiatives and a newly instituted reinvention program aim to improve profitability and long-term growth.
- Revenue was $71.2 million, compared to $75.9 million in Q3 2023.
- Net loss was $3.1 million, compared to a net loss of $3.8 million in Q3 2023.
- Consolidated AEBITDA was $14.6 million, compared to $13.5 million in Q3 2023.
- AEBITDA margins were 20.5%, a 270 basis point increase versus Q3 2023.
Headline financials
Revenue & EPS history
Playstudios · Revenue · Quarterly
$71.2M
Forward guidance
The Company is maintaining full year 2024 guidance of net revenue in the range of $285 to $295 million and Consolidated AEBITDA in the range of $55 to $60 million.
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 Q3 2024
-3.5%
Avg return
Earnings day
-6.2%
Avg return
5 days after
-2.4%
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% | +18.7% | |
| 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 | — | — | — |
Discussion
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