Playtika Q1 Adjusted Earnings Decline, Revenue Increases; Reaffirms 2025 Revenue Outlook

MT Newswires Live

05-08

Playtika Holding (PLTK) reported Q1 adjusted net income on Thursday of $0.08 per diluted share, down from $0.14 a year earlier.

Analysts polled by FactSet expected $0.11.

Revenue for the quarter ended March 31 was $706 million, up from $651.2 million a year earlier.

Analysts surveyed by FactSet expected $699.6 million.

The mobile games company said it continues to expect fiscal 2025 revenue of $2.80 billion to $2.85 billion. Analysts polled by FactSet are looking for $2.83 billion.

Also on Thursday, Playtika said it has maintained its quarterly dividend of $0.10 per share, payable July 7 to shareholders of record on June 23.

Playtika shares were down more than 2% in recent premarket activity.

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