Playstudios

PLAYSTUDIOS, Inc. is a publisher of free-to-play casual games for mobile and social platforms that are powered by a differentiated playAWARDS loyalty platform. The company was founded by Mathews Paul, Pascal Andrew and Bolich Katie on November 14, 2011 and is headquartered in Las Vegas, NV.

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Playstudios exceeds Q4 expectations, navigates Tetris product challenges

Playstudios excelled in Q4 2022, focusing on player retention and strategic growth initiatives.
Challenges include industry dynamics, Tetris casual product development, and operational margin improvements.
Opportunities lie in expanding playAWARDS, securing partnerships, and enhancing EBITDA margins through efficiency improvements.

PLAYSTUDIOS reports robust Q1 earnings, raises guidance amid strategic moves

PLAYSTUDIOS' Q1 2023 performance reflects strong revenue growth, improved margins, and strategic cost-saving initiatives, positioning the company for future success.
While challenges in revenue sustainability and operational disruptions may arise, opportunities in raised guidance, partnerships, and financial strength offer avenues for growth.
Overall, PLAYSTUDIOS remains focused on growth, cost management, and margin enhancement, leveraging its strengths to navigate industry challenges and drive shareholder value.

PLAYSTUDIOS beats Q2 forecasts, eyes growth through loyalty programs

PLAYSTUDIOS exceeded Q2 expectations with strong financial performance and margin expansion. The company is investing in new game initiatives and loyalty programs for growth. Despite challenges like increased UA spending, PLAYSTUDIOS maintains a strong financial position and optimistic outlook.

Playstudios reports strong Q3 performance, eyes new game launches

Playstudios showcased strong financial performance and operational growth in Q3 2023, with a focus on enhancing monetization strategies and customer engagement. The company's proactive approach to adjusting financial guidance and pursuing M&A opportunities reflects a commitment to driving growth and shareholder value. Challenges include launching new game initiatives and balancing growth with profitability.

Playstudios exceeds Q4 expectations, eyes growth through diversification

Playstudios' Q4 2023 performance showcased strong financial results and strategic advancements in core divisions.
The company's emphasis on growth, diversification, and capital allocation signals a proactive approach to future opportunities.
While challenges like commercialization and cost efficiencies exist, Playstudios is well-positioned for continued success through revenue expansion and strategic initiatives.

Playstudios beats Q1 revenue expectations, focuses on monetization strategies

Playstudios delivered a solid performance in Q1 2024 with revenues and adjusted AEBITDA exceeding expectations. The company showcased strength in improving monetization and financial stability. Challenges include revenue decline from product changes, while opportunities exist in leveraging loyalty programs and user base for growth.

Playstudios reports 8% revenue growth amidst user acquisition challenges

Playstudios' Q2 2024 performance showcased revenue growth, player engagement, and strategic initiatives despite challenges in user acquisition and net revenue decline.
The company's strengths in brand celebrations, game portfolio expansion, and strategic acquisitions highlight its commitment to growth and market resilience.
Addressing challenges in user acquisition, underperforming games, and industry pressures, Playstudios aims to leverage opportunities in monetization, marketing, and strategic acquisitions for future growth.
With a focus on cost efficiency, player engagement, and long-term growth, Playstudios remains positioned to navigate industry challenges and drive profitability in the gaming sector.

Playstudios reports Q3 revenue decline but boosts profitability and expansion

Playstudios navigated challenges with revenue decline by focusing on operational efficiency and cost savings through a significant workforce reduction.
The company's strategic initiatives to stabilize its social casino portfolio, expand popular games, and integrate acquisitions demonstrate a commitment to long-term growth.
Despite near-term challenges, Playstudios' focus on enhancing profitability, customer engagement, and simplifying operations presents opportunities for future success.

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PLAYSTUDIOS, Inc. engages in developing casual games for mobile and social platforms. It operates through the playGAMES and playAWARDS segments. The playGAMES segment develops and publishes digital games on mobile and web platforms. The playAWARDS segment focuses on loyalty solutions. The company was founded by Paul D. Mathews, Andrew S. Pascal, and Katie Bolich in July 2011 and is headquartered in Las Vegas, NV.

SAN DIEGO--(BUSINESS WIRE)---- $MYPS #KingdomBoss--Playstudios, Inc. (MYPS) Misled Investors in its Offering Documents in Support of its SPAC Merger

MYPS Shareholder Update: Robbins LLP Reminds Investors of Class Action Against Playstudios, Inc. (MYPS)

Acri Capital Acquisition Corp

NEW YORK , April 7, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. (NASDAQ: MYPS, MYPSW, ACAC) resulting from allegations that PLAYSTUDIOS may have issued materially misleading business information to the investing public. SO WHAT: If you purchased PLAYSTUDIOS securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

MYPS INVESTOR ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. Investors with Losses to Inquire About Securities Class Action Investigation - MYPS, MYPSW, ACAC

Did you lose money on investments in PLAYSTUDIOS?  If so, please visit PLAYSTUDIOS, Inc. Shareholder Class Action Lawsuit or contact  Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.

PLAYSTUDIOS, INC. (NASDAQ: MYPS) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against PLAYSTUDIOS, Inc. (NASDAQ: MYPS)

SAN DIEGO , April 7, 2022 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that the Playstudios class action lawsuit seeks to represent investors who: (1) purchased Playstudios, Inc. (NASDAQ: MYPS; MYPSW) securities between June 22, 2021 and March 1, 2022, inclusive (the "Class Period"), including, but not limited to, those who purchased or acquired Playstudios securities pursuant to the offering of the private investment in public equity ("PIPE" offering); (2) held common stock of Acies Acquisition Corp. as of May 25, 2021 and were eligible to vote at Acies' June 16, 2021 special meeting who exchanged their shares of Acies stock for shares of Playstudios stock pursuant to the merger of Acies and Old Playstudios (defined below); and (3) purchased or otherwise acquired Playstudios common stock pursuant to or traceable to Acies' Registration Statement and Proxy Statement issued in connection with the June 2021 merger.  Investors have until June 6, 2022 to seek appointment in the Playstudios class action lawsuit.

ALERT: Playstudios, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - MYPS; MYPSW; ACACU; ACAC

SAN FRANCISCO , April 7, 2022 /PRNewswire/ -- On April 5, 2022, a class action lawsuit was filed against Playstudios Inc. (NASDAQ: MYPS) and its Chief Executive Officer Andrew Pascal (collectively "Defendants"), in the U.S. District Court for the Northern District of California.  The action, Felipe v.

SUSMAN GODFREY AND FOLEY BEZEK FILE CLASS ACTION LAWSUIT AGAINST PLAYSTUDIOS INC. AND ANDREW PASCAL (NASDAQ: MYPS)

SAN DIEGO--(BUSINESS WIRE)---- $MYPS #AciesAcquisitionCorp--Playstudios, Inc. (MYPS) Misled Investors in its Offering Documents in Support of its SPAC Merger

Shareholder Alert: Robbins LLP Informs Investors of Class Action Against Playstudios, Inc. (MYPS)

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. (NASDAQ: MYPS, MYPSW, ACAC) resulting from allegations that PLAYSTUDIOS may have issued materially misleading business information to the investing public. SO WHAT: If you purchased PLAYSTUDIOS securities you may be entitled to compensation without payment of any out of pocket fee

EQUITY ALERT: Rosen Law Firm Encourages PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. Investors with Losses to Inquire About Securities Class Action Investigation – MYPS, MYPSW, ACAC

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (NASDAQ: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games, today announced that it has commenced an offer to purchase (the “Offer”) all of its outstanding public warrants and private placement warrants (collectively, the “Warrants”) to purchase shares of its Class A common stock, par value $0.0001 per share, at a purchase price of $1.00 in ca

PLAYSTUDIOS, Inc. Announces Commencement of an Offer to Purchase and Consent Solicitation Relating to Its Warrants

Up until a few days ago, MYPS was one of my highest conviction investments. The conference call dashed my hopes. Drastically lowered guidance has naturally lowered intrinsic value, the inputs for which I first based off of their initial projections not even a year ago.

Getting Played By Playstudios

PLAYSTUDIOS, Inc. (MYPS) CEO Andrew Pascal on Q4 2021 Results - Earnings Call Transcript

LAS VEGAS--(BUSINESS WIRE)--In the “CONSOLIDATED STATEMENT OF OPERATIONS” table, the “General and administrative” row header should read “Research and development” and the “Research and development” row header should read “General and administrative.” The updated release reads: PLAYSTUDIOS, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS Fourth Quarter Revenue of $71.9 Million; up 12.4% year-over-year; Full Year 2021 Revenue of $287.4 Million Fourth Quarter Reward Purchase Activity up 79% w

CORRECTING and REPLACING PLAYSTUDIOS, Inc. Announces Fourth Quarter and Full Year Results

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (NASDAQ: MYPS) (“PLAYSTUDIOS” or the “Company”), the developer of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games, today announced financial results for the three months and year ended December 31, 2021. Fourth Quarter Financial Highlights Net revenue was $71.9 million, up 12.4%, compared to $64.0 million during the fourth quarter of 2020. The increase was impacted by the introductions of Tetris

PLAYSTUDIOS, Inc. Announces Fourth Quarter and Full Year Results

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Although the euro climbed to $1.15 against the US dollar, recording its highest level since November last year, there were a few notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

Crexendo And 2 Other Penny Stocks Bought By Insiders

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play casual mobile and social games that offer real-world rewards to loyal players, today announced that it will release its fourth quarter and year-end 2021 results after the close of the market on Thursday, February 24, 2022. The Company will host a conference call and audio webcast on Thursday, February 24, 2022 at 5:00 pm Eastern Time to discuss the results. T

PLAYSTUDIOS to Release Fourth Quarter and Year-End 2021 Results February 24

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If I were starting a new portfolio today, there are seven names I would buy. Consisting mostly of small-caps, I predict this concentrated portfolio will return 67% in 2022.

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Playstudios has dipped below $4 following a major cut to 2021 guidance. The company has failed to officially launch Kingdom Boss, which was a major forecasted contributor to revenues.

Playstudios: Big Reset

The Las Vegas developer with bring its PlayAwards program to a new mobile version of Tetris after acquiring the rights to do so.

Playstudios acquires rights to develop new Tetris mobile game

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS (Nasdaq: MYPS), the developer of the playAWARDS loyalty platform and a suite of free-to-play mobile and social games, today announced it is expanding into the popular puzzle game genre as the exclusive developer and publisher of the iconic Tetris® game franchise for mobile devices. Through a strategic partnership with The Tetris Company and N3TWORK, PLAYSTUDIOS has assumed the exclusive global, multi-title mobile rights (excluding China) for the Tetris ga

PLAYSTUDIOS Secures Exclusive Rights to Tetris® Franchise for Mobile Devices

LAS VEGAS--(BUSINESS WIRE)--Award-winning mobile and social game developer PLAYSTUDIOS (Nasdaq: MYPS) is transporting players back in time with the release of its latest game, Money Blast for the myKONAMI Slots mobile app. With a retro, real-life look and classic gameplay, Money Blast joins a lineup of content that appeals to both slot purists and casual players alike. “Our myKONAMI Slots players are very familiar with our games since many of them are based on popular machines from the casino f

PLAYSTUDIOS Gives Mobile Gamers a ‘Blast' of Classic Excitement With Debut of myKONAMI Slots Money Blast

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS (Nasdaq: MYPS), an award-winning developer of free-to-play mobile and social games, continues to diversify its product lineup with the debut of its first-ever mobile board gaming experience, New York-New York Game Night. Developed exclusively for the PLAYSTUDIOS myVEGAS Slots app, New York-New York Game Night places players onto a virtual board game map of New York­—inspired by the glitz and glamor of the Great Gatsby—where they can roll their way to loya

PLAYSTUDIOS Brings Classic Board Gaming to myVEGAS Slots With Debut of ‘New York-New York Game Night'

PLAYSTUDIOS Inc (NASDAQ: MYPS) reported third-quarter FY21 revenue growth of 1.3% year-on-year to $70.6 million, missing the consensus of $72.3 million. This year's results were driven by increases in daily payer conversion and spending per player.

PLAYSTUDIOS Shares Soar On Q3 Results Driven By Daily Player Conversion, Spending Per Player

The stock price of Playstudios Inc (NASDAQ: MYPS) increased by over 20% during intraday trading. This is why it happened.

Playstudios (MYPS) Stock: Why The Price Jumped Today

PLAYSTUDIOS, Inc. (MYPS) CEO Andrew Pascal on Q3 2021 Results - Earnings Call Transcript

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play casual mobile and social games that offer real-world rewards to loyal players, today announced that it will release its third quarter 2021 results after the close of the market on Thursday, November 11, 2021. The Company will host a conference call and audio webcast on Thursday, November 11, 2021 at 5:00 pm Eastern Time to discuss the results. To listen to th

PLAYSTUDIOS Announces Release Date for Third Quarter 2021 Results

LAS VEGAS--(BUSINESS WIRE)--playAWARDS, the innovative loyalty marketing platform created by award-winning mobile game developer PLAYSTUDIOS, is inviting players to lace up their bowling shoes and hit the lanes at the first-ever Bowl-A-Palooza, a series of bowling parties conceived in partnership with Bowlero bowling and entertainment centers. As one of the newest partners to join the playAWARDS loyalty platform, Bowlero is offering players the chance to enjoy a festival-like atmosphere filled

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