The headline numbers for Playtika (PLTK) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Playtika (PLTK) delivered earnings and revenue surprises of 0% and 1.37%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Revenue of $651.2 million and Direct-to-Consumer (“DTC”) Revenue of $171.5 millionDTC Platforms Revenue Increased 6.1% Sequentially and 13.2% Year Over YearGAAP Net Income of $53.0 million and Credit Adj. EBITDA of $185.6 millionAnnounces Inaugural $150 million Share Repurchase Program HERZLIYA, Israel, May 09, 2024 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ: PLTK) today released financial results for its first quarter for the period ending March 31, 2024. Financial Highlights Revenue of