PLAYSTUDIOS Sees FY24 Revenue $285M-$295M Vs $316.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
PLAYSTUDIOS has revised its FY24 revenue guidance to $285M-$295M, which is below the previous estimate of $316.35M.
August 05, 2024 | 8:53 pm
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PLAYSTUDIOS has revised its FY24 revenue guidance to $285M-$295M, which is below the previous estimate of $316.35M.
The downward revision in revenue guidance is likely to negatively impact investor sentiment and the stock price of PLAYSTUDIOS in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100