Welcome to our dedicated page for Playstudios news (Ticker: MYPS), a resource for investors and traders seeking the latest updates and insights on Playstudios stock.
Playstudios Inc (MYPS) is a leader in social gaming innovation, combining free-to-play mechanics with real-world loyalty rewards. This page serves as the definitive source for official company announcements and financial updates.
Access curated press releases covering earnings reports, strategic partnerships, and new game launches. Investors will find essential updates on virtual currency monetization strategies and mobile entertainment market positioning.
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PLAYSTUDIOS, Inc. (Nasdaq: MYPS) plans to release its Q4 and year-end 2022 results on March 9, 2023, after market close. The company will host a conference call at 5:00 PM ET the same day to discuss the results. Investors can access the call via the PLAYSTUDIOS investor relations website or by dialing in. The company is known for its playAWARDS loyalty platform and is a developer of popular mobile games, offering real-world rewards through partnerships with major brands like MGM Resorts International and Norwegian Cruise Line. For more information, visit www.playstudios.com.
PLAYSTUDIOS, Inc. has relaunched its partnership with Norwegian Cruise Line (NCL), allowing players to redeem Loyalty Points for cruises. This collaboration, paused during the COVID pandemic, now offers over $1 million in rewards to playAWARDS' 6 million monthly users. Players can choose from 500 cruises, with discounts of $250 to $750 on bookings. Additionally, a VIP sailing event is planned for April 2023. The partnership aims to enhance engagement and attract players with exciting real-world rewards, enhancing both companies' visibility.
PLAYSTUDIOS, Inc. (MYPS) has appointed Mickey Sonnino as Chief Operating Officer, effective immediately. Sonnino, based in Tel Aviv, brings over 20 years of experience in gaming and consumer marketing, previously serving as Senior Vice President at Playtika. Her responsibilities will include overseeing operations across the Americas, Middle East, Europe, and Asia. CEO Andrew Pascal emphasized her expertise will enhance the company's performance and innovation in the gaming industry. PLAYSTUDIOS is known for its popular games like Tetris and myVEGAS, integrating real-world rewards through its playAWARDS loyalty platform.
PLAYSTUDIOS (NASDAQ: MYPS) has expanded its vacation rewards by adding three stunning Hilton Caribbean properties to its industry-leading Rewards Store. The new offerings include the Hilton Barbados Resort, Hilton Tulum Riviera Maya, and Conrad Tulum Riviera Maya Resort, where players can redeem loyalty points for free night stays and up to
PLAYSTUDIOS has launched its first retail rewards partnership with Pacific Cycle, allowing players to redeem points for discounts on bicycles, eBikes, and scooters priced between $200 and $2,000. This initiative aims to enhance player engagement by offering real-world rewards through the playAWARDS loyalty platform. Starting December 15, U.S. players can access this new offering, joining over 12 million monthly users who can earn points through popular games like Tetris® and myVEGAS Blackjack. This partnership signifies a strategic expansion into the retail sector for PLAYSTUDIOS.
PLAYSTUDIOS, Inc. (NASDAQ: MYPS) reported a Q3 2022 revenue of $72.1 million, up from $70.6 million in Q3 2021. However, net income fell to $3.6 million from $11.2 million year-over-year. The company achieved an adjusted EBITDA of $9.8 million, slightly higher than $9.6 million in the previous year. Following the acquisition of Brainium, PLAYSTUDIOS expects full-year 2022 revenue between $275.0 million and $285.0 million, and EBITDA between $32.0 million and $35.0 million.
PLAYSTUDIOS (Nasdaq: MYPS) will release its third quarter 2022 results after the market closes on
PLAYSTUDIOS is known for its playAWARDS loyalty platform and popular mobile games, including Tetris® and myVEGAS titles, offering players real-world rewards.
PLAYSTUDIOS (NASDAQ: MYPS) has announced its acquisition of Brainium for
PLAYSTUDIOS has announced a significant expansion of its playAWARDS loyalty program through a partnership with IHG Hotels & Resorts. Starting June 2022, players can redeem loyalty points for discounts on stays at over 6,000 IHG properties worldwide. This collaboration adds all 17 IHG brands, including InterContinental and Holiday Inn, to the rewards catalog, enhancing the value of the playAWARDS program. Discounts include 15% off across IHG's entire portfolio, marking the largest addition to the platform's offerings.
PLAYSTUDIOS (NASDAQ: MYPS) reported Q2 2022 revenue of $68.4 million, down from $70.8 million in Q2 2021. Net income increased to $5.5 million, a recovery from a $7.0 million loss the prior year. AEBITDA rose to $7.3 million from $3.4 million. The company updated its full-year revenue guidance to $270.0 million to $285.0 million and expects AEBITDA between $30.0 million and $35.0 million. CEO Andrew Pascal highlighted strategies to enhance audience engagement and launch new games, including TETRIS.
