Playtika reports Q3 EPS 11c, consensus 18c

Reports Q3 revenue $620.8M, consensus $622.51M. “This quarter marked a pivotal moment for Playtika (PLTK) as we entered into an agreement to acquire SuperPlay, a move that aligns perfectly with our growth strategy,” said CEO Robert Antokol. “We believe this acquisition will strengthen our portfolio with SuperPlay’s successful titles and underscore our commitment to delivering exceptional gaming experiences to our players and value to our shareholders.” “Our DTC business continued to showcase strong performance this past quarter, highlighting the potential for ongoing growth by deepening engagement with our most loyal, long-term users,” said CFO Craig Abrahams. “Even as we make significant investments with our recently announced acquisition of SuperPlay, we remain highly financially disciplined, and we intend to execute our capital allocation strategy while maintaining a strong financial foundation.”