BUZZ-Australia's Playside Studios slips on swinging to half-yearly loss

Reuters
20 Feb
BUZZ-Australia's Playside Studios slips on swinging to half-yearly loss

** Shares of Playside Studios PLY.AX down 4.4% at A$0.22

** Stock falls as much as 6.5% earlier in the day to A$0.215, posting its biggest intraday pct drop since January 29

** Video game developer swings to a half-yearly loss of A$5.3 million ($3.37 million) vs a profit A$9 million in the same period last year

** Co sees FY25 revenue of A$50 million-A$54 million, compared with A$64.6 million logged in FY24

** Stock down 46.3% YTD, including current session's moves

($1 = 1.5721 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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