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PLAYSTUDIOS, Inc. Announces Fourth Quarter and Full Year Results | MYPS Stock News
PLAYSTUDIOS (NASDAQ: MYPS) reported fourth quarter 2021 revenue of $71.9 million, up 12.4% year-over-year, driven by new game launches and increased ad revenue. The company's net income improved to $0.6 million from a $10.8 million loss in Q4 2020. Full year revenue reached $287.4 million, a 6.5% increase, but net income decreased to $10.7 million from $12.8 million. The company expects 2022 revenue between $305 million and $325 million. PLAYSTUDIOS also secured rights to the Tetris franchise and launched MGM Slots Live.
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