PLAYSTUDIOS Reaffirms 2023 Revenue Guidance
Portfolio Pulse from Benzinga Newsdesk
PLAYSTUDIOS has increased its 2023 AEBITDA guidance to a range of $55 to $60 million, up from the previous range of $50 to $60 million. The company's 2023 revenue guidance of $305 to $325 million remains unchanged, implying a year/year revenue growth of 9% and AEBITDA growth of 50%.
August 04, 2023 | 2:44 pm
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PLAYSTUDIOS, listed as MYPS, has increased its 2023 AEBITDA guidance, indicating a positive financial outlook. The unchanged revenue guidance suggests stable growth expectations.
The increase in AEBITDA guidance suggests that PLAYSTUDIOS expects to improve its earnings before interest, taxes, depreciation, and amortization, which is a positive sign for the company's financial health. The unchanged revenue guidance indicates that the company's growth expectations remain stable, which could be seen as a positive sign by investors.
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