PLAYSTUDIOS Sees FY24 Net Revenue $315M-$325M vs $318.65M Est.
Portfolio Pulse from Benzinga Newsdesk
PLAYSTUDIOS forecasts its FY24 net revenue to be between $315M and $325M, which is in line with the estimated $318.65M.
March 11, 2024 | 8:18 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
PLAYSTUDIOS forecasts FY24 net revenue to be between $315M and $325M, closely aligning with the estimated $318.65M.
The forecasted revenue range provided by PLAYSTUDIOS is very close to the market estimate, indicating that the company's performance is in line with expectations. This alignment suggests a neutral short-term impact on the stock price as the forecast does not significantly exceed nor fall short of market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90