-+ 0.00%
-+ 0.00%
-+ 0.00%
Playtika: Q3 Earnings Snapshot
Share
Listen to the news

HERZLIYA PITUACH, Israel (AP) — HERZLIYA PITUACH, Israel (AP) — Playtika Holding Corp. (PLTK) on Thursday reported third-quarter earnings of $40.4 million.

On a per-share basis, the Herzliya Pituach, Israel-based company said it had profit of 11 cents. Earnings, adjusted for one-time gains and costs, were 32 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The mobile game developer posted revenue of $673.8 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $664.9 million.

Playtika expects full-year revenue in the range of $2.75 billion to $2.85 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLTK at https://www.zacks.com/ap/PLTK

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending