The call presented a mixed outlook with strong performances in specific segments like Bingo Blitz and Animals & Coins, and strategic initiatives including the SuperPlay acquisition. However, this was balanced by overall revenue declines, significant decreases in Slotomania performance, and challenges in maintaining DAU. The positive aspects like the SuperPlay acquisition and improved EBITDA margins are countered by declines in key financial metrics.

Company Guidance

During Playtika's Q3 2024 earnings call, the company provided guidance for the full year, adjusting revenue expectations to a range of $2.505 billion to $2.52 billion and raising credit adjusted EBITDA guidance to $755 million to $765 million. Capital expenditure guidance was lowered to $90 million. Playtika reported Q3 revenue of $620.8 million, a 1% sequential decline and a 1.5% decrease year-over-year, while credit adjusted EBITDA was $197.2 million, up 3.2% sequentially but down 4.1% year-over-year. Net income stood at $39.3 million, a 54.6% sequential decline yet a 3.7% increase year-over-year. The direct-to-consumer business generated $174.4 million, up 0.4% sequentially and 8.3% year-over-year. Average daily paying users (DPU) increased 1% sequentially and 0.7% year-over-year to 301,000, whereas average daily active users (DAU) decreased 6.2% sequentially and 9.5% year-over-year to 7.6 million. ARPDAU rose 4.7% sequentially and 9.9% year-over-year to $0.89. The guidance does not yet factor in the pending SuperPlay acquisition.

Proposed Acquisition of SuperPlay

The acquisition is aligned with Playtika's growth strategy, aiming to enhance its portfolio with high-growth titles like Dice Dreams and Domino Dreams.

Strong Performance of Bingo Blitz

Bingo Blitz revenue was $159.9 million, up 2.7% sequentially and 6.8% year-over-year, achieving its highest revenue month in history in July.

Record Performance in Animals & Coins

Animals & Coins delivered record-breaking performance in Q3, marking a significant turnaround with all-time high revenues and strong month-over-month growth.

Improvement in Credit Adjusted EBITDA Margins

Credit adjusted EBITDA of $197.2 million, up 3.2% sequentially, indicating improved margins over Q2.

Direct-to-Consumer Business Growth

Direct-to-consumer business generated $174.4 million, up 0.4% sequentially and 8.3% year-over-year.

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Playtika Holding (PLTK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PLTK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 25, 2021	2020 (Q4)	- / 0.19	0.073	160.27% (+0.12)	―	―
May 11, 2021	2021 (Q1)	0.14 / 0.09	0.087	3.45% (<+0.01)	―	―
Aug 04, 2021	2021 (Q2)	0.24 / 0.22	-0.341	164.52% (+0.56)	―	―
Nov 03, 2021	2021 (Q3)	0.26 / 0.20	0.306	-34.64% (-0.11)	―	―
Feb 24, 2022	2021 (Q4)	0.18 / 0.25	0.19	31.58% (+0.06)	―	―
May 10, 2022	2022 (Q1)	0.22 / 0.20	0.09	122.22% (+0.11)	―	―
Aug 04, 2022	2022 (Q2)	0.19 / 0.09	0.22	-59.09% (-0.13)	―	―
Nov 08, 2022	2022 (Q3)	0.17 / 0.17	0.2	-15.00% (-0.03)
Feb 28, 2023	2022 (Q4)	0.17 / 0.24	0.25	-4.00% (-0.01)
May 04, 2023	2023 (Q1)	0.18 / 0.23	0.2	15.00% (+0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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PLTK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 07, 2024	$8.09	$8.24	+1.85%
Aug 07, 2024	$6.82	$6.70	-1.76%
May 09, 2024	$7.45	$8.53	+14.50%
Feb 26, 2024	$6.82	$6.59	-3.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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