PLAYSTUDIOS Q2 EPS $(0.01) Beats $(0.04) Estimate, Sales $77.79M Beat $77.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
PLAYSTUDIOS (NASDAQ:MYPS) reported Q2 earnings with losses of $(0.01) per share, beating the analyst consensus estimate of $(0.04) by 75 percent. This is a 125 percent decrease from last year's earnings. The company also reported quarterly sales of $77.79 million, beating the analyst consensus estimate of $77.12 million by 0.87 percent, a 13.81 percent increase from last year.
August 04, 2023 | 2:38 pm
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POSITIVE IMPACT
PLAYSTUDIOS reported better than expected Q2 earnings and sales, which could positively impact the stock in the short term.
PLAYSTUDIOS reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100