NASDAQ$PLTK
Playtika Holding Corp. · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported a slight decrease in year-over-year revenue and a sequential increase in revenue, highlighting growth in DTC platforms and strategic investments.
Playtika Holding Corp. reported Q1 2023 financial results with a total revenue of $656.2 million, a slight year-over-year decrease of (3.1)%, but increased 4.0% sequentially. Net income was $84.1 million, and Credit Adjusted EBITDA reached $222.7 million. The company saw growth in average payer conversion and highlighted the performance of specific games like Bingo Blitz and Solitaire Grand Harvest.
- Total revenue reached $656.2 million, a 4.0% increase sequentially but decreased (3.1)% year-over-year.
- DTC platforms revenue was $151.5 million, showing a slight decrease of (0.6)% year-over-year.
- Net income amounted to $84.1 million, reflecting a 1.1% increase year-over-year.
- Credit Adjusted EBITDA totaled $222.7 million, marking a 12.8% increase year-over-year.
Headline financials
Revenue & EPS history
Playtika · Revenue · Quarterly
$656M
Revenue by segment
Playtika · $159M total across 1 segment · Q1 2023
- Bingo Blitz$159M—100.0%
Forward guidance
Playtika reaffirmed its guidance for the fiscal year, expecting revenue between $2.570 billion and $2.620 billion, Credit Adjusted EBITDA between $805 million and $830 million, and capital expenditures between $115 million and $120 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
-1.2%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-7.1%
Avg return
30 days after
58%
15 / 26 earnings
Positive
+23.8%
Q4 2021
Best reaction
-23.5%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | +4.5% | -13.4% | |
| Q4 2025 | +8.6% | -12.1% | -13.3% | |
| Q3 2025 | +11.5% | +13.1% | +13.1% | |
| Q1 2025 | -7.4% | -6.4% | -9.9% | |
| Q4 2024 | -16.8% | -25.0% | -24.1% | |
| Q3 2024 | +1.2% | +4.1% | +4.3% | |
| Q2 2024 | +0.4% | -2.6% | +3.4% | |
| Q1 2024 | +10.7% | +14.5% | +11.7% | |
| Q4 2023 | +4.3% | +5.0% | -2.9% | |
| Q3 2023 | -11.9% | -10.9% | -5.2% | |
| Q2 2023 | -10.1% | -12.1% | -15.4% | |
| Q1 2023 | +0.8% | -3.0% | -1.6% | |
| Q4 2022 | +2.3% | +5.8% | +13.3% | |
| Q3 2022 | -11.9% | +5.6% | -13.7% | |
| Q2 2022 | -9.7% | -12.0% | -21.8% | |
| Q1 2022 | -2.3% | +6.3% | +5.1% | |
| Q4 2021 | +23.8% | +13.7% | +9.5% | |
| Q3 2020 | +3.6% | +2.9% | -24.5% | |
| Q3 2021 | -23.5% | -21.1% | -41.9% | |
| Q2 2021 | +13.5% | +10.5% | +22.0% | |
| Q1 2020 | -7.7% | -6.0% | -4.3% | |
| Q1 2021 | -7.7% | -6.0% | -4.3% | |
| Q4 2019 | +1.4% | -1.8% | -16.4% | |
| Q4 2018 | +1.4% | -1.8% | -16.4% | |
| Q2 2020 | +1.4% | -1.8% | -16.4% | |
| Q4 2020 | -7.1% | -6.3% | -21.1% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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