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.

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc., the creator of the playAWARDS loyalty platform and an award-winning developer and publisher of free-to-play mobile games that offer real-world rewards to players, celebrates the relaunch of its partnership with Norwegian Cruise Line (NCL), the innovator in global cruise travel.

Norwegian Cruise Line Relaunches PLAYSTUDIOS' playAWARDS Program Partnership With $1 Million in Travel Rewards

LAS VEGAS--( BUSINESS WIRE )--Today, Andrew Pascal, founder and chief executive officer of PLAYSTUDIOS, Inc., announced the appointment of Mickey Sonnino as Chief Operating Officer of PLAYSTUDIOS, Inc. As part of a global management team, she will be based in Tel Aviv, Israel, and report directly to Mr. Pascal.

PLAYSTUDIOS Announces Games Industry Veteran Mickey Sonnino as Global COO

LAS VEGAS--( BUSINESS WIRE )--Today, PLAYSTUDIOS, Inc., the creator of the playAWARDS loyalty platform and an award-winning developer and publisher of free-to-play mobile games that offer real-world rewards to players, announced it has added three breathtaking Hilton Caribbean properties - Hilton Barbados Resort, Hilton Tulum Riviera Maya, and Conrad Tulum Riviera Maya Resort to its industry leading Rewards Store. Players can start redeeming Loyalty Points for a free night stay and/or $100 resort credits for food, restaurants, spa charges, and more.

PLAYSTUDIOS' playAWARDS Program Adds Three of Hilton's Stunning Resorts in the Caribbean to Its Rewards for the First Time

The Playstudios loyalty program is a key to everything. The key to MYPS upside is margin expansion.

Playstudios: Appealing Upside If Margins Can Expand As Planned

LAS VEGAS--( BUSINESS WIRE )--Today, PLAYSTUDIOS, Inc., the creator of the playAWARDS loyalty platform and an award-winning developer and publisher of free-to-play mobile games that offer real-world rewards to players, announced the launch of their first ever retail rewards partner with Pacific Cycle Inc., the parent company responsible for ingeniously delivering legendary brands in outdoor recreation like Schwinn, Mongoose, and Kid Trax. Starting December 15, players can redeem Loyalty Points for discounted prices on Pacific Cycle's stunningly sleek bikes, eBikes, and electric scooters that range from $200 - $2,000.

Pacific Cycle Rides Its Way Into PLAYSTUDIOS' playAWARDS Program

Playstudios is poised to ride a better mobile gaming market higher in 2023. The company recently closed the Brainium deal to boost revenues and loyalty program members.

Playstudios: No Brainer In 2023

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Samir Jain - Head of IR and Treasury Andrew Pascal - Co-Founder, Chairman and CEO Scott Peterson - VP and CFO Jason Hahn - EVP and Head of Corporate and Business Development Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Omar Dessouky - Bank of America Merrill Lynch Martin Yang - Oppenheimer Operator Good day, ladies and gentlemen, thank you for standing by. Welcome to the PLAYSTUDIOS Third Quarter 2022 Earnings Conference Call.

PLAYSTUDIOS, Inc. (MYPS) Q3 2022 Earnings Call Transcript

PLAYSTUDIOS, Inc. (MYPS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PLAYSTUDIOS, Inc. (MYPS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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 that offer real-world rewards to players, today announced that it will release its third quarter 2022 results after the close of the market on Tuesday, November 8, 2022.

PLAYSTUDIOS to Release Third Quarter 2022 Results November 8

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 that offer real-world rewards to players, today announced the acquisition of Brainium, a long-standing publisher of casual games.

PLAYSTUDIOS Acquires Mobile Casual Game Studio Brainium, Adding a Rich Suite of Popular Games to the Company's Portfolio

Playstudios has been hit in the short term by changing behavioral trends. Playstudios retains its loyal customer base.

Playstudios: Massively Undervalued

PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Joel Agena - Vice President, Legal Counsel Andrew Pascal - Co Founder, Chairman and Chief Executive Officer Scott Peterson - Vice President, Chief Financial Officer Conference Call Participants William Saltonstall - Craig-Hallum Operator Good day, ladies and gentlemen. Thank you for standing by.

PLAYSTUDIOS, Inc. (MYPS) CEO Andrew Pascal on Q2 2022 Results - Earnings Call Transcript

InterContinental Hotels Group

LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, the leader in rewarded play, has expanded its playAWARDS offerings through a collaboration with global hospitality brand IHG Hotels & Resorts (IHG), allowing every kind of traveler to find what they're looking for from luxury and comfort to thrilling adventure, and everything in between. Beginning in June 2022, PLAYSTUDIOS mobile app players can now exchange playAWARDS loyalty points earned during free gameplay for discounted stays across the entire

PLAYSTUDIOS Expands Collaboration With IHG Hotels & Resorts, Offering Players Rewards at More Than 6,000 Destinations Worldwide

SAN FRANCISCO--(BUSINESS WIRE)--Forte, a leading provider of blockchain solutions, and PLAYSTUDIOS, Inc. (NASDAQ: MYPS), the company behind the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games that offer real-world rewards to players, have formed a strategic partnership to bring PLAYSTUDIOS' leadership in “rewarded play” to Web3 through its new venture playBLOCKS. playBLOCKS will leverage Forte's technical infrastructure, blockchain technologies

PLAYSTUDIOS Enters Strategic Alliance With Forte to Power Its Venture Into Web3

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 that offer real-world rewards to players, today announced the launch of its new blockchain division, playBLOCKS. playBLOCKS will extend PLAYSTUDIOS' leadership in “rewarded play'' by leveraging blockchain technologies and economic models that will: deliver more engaging and rewarding e

PLAYSTUDIOS Brings Its Real-World Gamified Rewards to Web3 With New Blockchain Division

Playstudios, a publicly-traded mobile gaming platform and developer, is venturing into the web3 world with a new blockchain division and investment fund.

Playstudios launches blockchain gaming division and $10M web3-focused fund

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 second quarter 2022 results after the close of the market on Tuesday, August 9, 2022. The Company will host a conference call and audio webcast on Tuesday, August 9, 2022 at 5:00 pm Eastern Time to discuss the results. To listen to the audio

PLAYSTUDIOS to Release Second Quarter 2022 Results August 9

LAS VEGAS--(BUSINESS WIRE)--Winning is better together, and mobile gaming leader PLAYSTUDIOS is uniting its millions of players around the world with the all-new Clubhouse feature for the award-winning myVEGAS Slots app. The app's most significant social expansion to date, Clubhouse, allows players to converse, collaborate, and complete missions with the goal of unlocking exclusive chip rewards. “Collaborative gaming enhances the entire experience for players, challenging them to work together

PLAYSTUDIOS Launches Collaborative ‘Clubhouse' Feature in Award-Winning myVEGAS Slots App

LAS VEGAS--(BUSINESS WIRE)--At long last, the Summer of Slots is back, and this season it's going coast-to-coast! PLAYSTUDIOS, the developer of award-winning free-to-play mobile apps and the playAWARDS loyalty marketing platform, is bringing back one of its most popular events after a two-year hiatus and inviting players to join the myVIP team for an all-new series of in-person parties featuring games, giveaways, and more. “We have missed seeing our players these last couple of years, but now,

PLAYSTUDIOS ‘Summer of Slots' Returns With Coast-to-Coast In-Person Events Featuring Games, Giveaways, and More

LAS VEGAS--(BUSINESS WIRE)--Award-winning mobile gaming developer PLAYSTUDIOS is partnering with international sightseeing brand Big Bus Tours to bring an all-new suite of exclusive rewards experiences to the gaming company's playAWARDS loyalty marketing platform. Beginning May 27, players of PLAYSTUDIOS mobile apps – myVEGAS Slots, myVEGAS Bingo, my KONAMI Slots, myVEGAS Blackjack, POP! Slots, and MGM Slots Live – will be able to exchange loyalty points earned during free gameplay for discount

playAWARDS Teams With Big Bus Tours to Bring Vegas Tour Experiences to Global Community of Players

NEW YORK , June 7, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Playstudios, Inc. (NASDAQ: MYPS) alleging that the Company violated federal securities laws. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants who: (a) purchased, or otherwise acquired securities of Playstudios between June 22, 2021 and March 1, 2022, both dates inclusive, including, but not limited to, those who purchased or acquired Playstudios securities pursuant to the offering of the private investment in public equity; (b) held common stock of Acies 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; and/or (c) purchased or otherwise acquired Playstudios common stock pursuant to or traceable to Acies' documents issued in connection with the June 2021 merger.Lead Plaintiff Deadline: June 6, 2022 No obligation or cost to you.

MYPS ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 6, 2022 in the Class Action Filed on Behalf of Playstudios, Inc. Shareholders

New York, New York--(Newsfile Corp. - June 6, 2022) - Pomerantz LLP is investigating claims on behalf of investors of PLAYSTUDIOS, Inc. ("Playstudios" or the "Company") (NASDAQ: MYPS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether Playstudios and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors PLAYSTUDIOS, Inc. - MYPS

Acri Capital Acquisition Corp

Radnor, Pennsylvania--(Newsfile Corp. - June 4, 2022) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against PLAYSTUDIOS, Inc. ("PLAYSTUDIOS") (NASDAQ: MYPS) (NASDAQ: MYPSW) f/k/a Acies Acquisition Corp. ("Acies") (NASDAQ: ACAC) (NASDAQ: ACACW). The action charges PLAYSTUDIOS with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. The lawsuit also...

MYPS Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of PLAYSTUDIOS, Inc. of Deadline in Securities Fraud Class Action Lawsuit

New York, New York--(Newsfile Corp. - June 3, 2022) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Playstudios, Inc. ("Playstudios, Inc.") (NASDAQ: MYPS) . This lawsuit is on behalf of a class consisting of all persons and entities other than defendants who: (a) purchased, or otherwise acquired securities of Playstudios between June 22, 2021 and March 1, 2022, both dates...

MYPS LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving Playstudios, Inc.

New York, New York--(Newsfile Corp. - June 3, 2022) - Levi & Korsinsky, LLP notifies investors in Playstudios, Inc. ("Playstudios, Inc." or the "Company") (NASDAQ: MYPS) of a class action securities lawsuit.The lawsuit on behalf of Playstudios, Inc. investors has been commenced in the the United States District Court for the Northern District of California. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants who: (a) purchased,...

Playstudios, Inc. Class Action: Levi & Korsinsky Reminds Playstudios, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 6, 2022 - MYPS

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