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PLAYSTUDIOS — Third Quarter 2026 Earnings Summary

  • Consolidated revenue declined 15.1% year-over-year to $48.9 million, while net loss widened to $11.0 million (22.6% margin) from $9.1 million in the prior year period; conversely, Consolidated AEBITDA improved to $10.0 million (20.4% margin) from $7.2 million.
  • Direct-to-consumer revenue surged 108% to $16.0 million, offsetting a 42.3% decline in third-party platform virtual currency revenue, as the company discontinued Tetris Block Party and The Win Zone, incurring $15.9 million in combined impairment charges.
  • The Renewal restructuring program is on track to deliver $37.0 million to $39.0 million in annualized savings, having closed four studios and eliminated 177 positions, with share repurchase authorization of $44.6 million remaining.
  • Management provided no formal financial guidance citing secular headwinds in the social casino market, though it expects to selectively invest in growth opportunities once a more predictable operating base is established.
Company
PLAYSTUDIOS INC
Sector
Communication Services
Industry
Electronic Gaming & Multimedia