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Playtika's Q2 Net Income Rises, Revenue Falls; 2024 Revenue Guidance Updated
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Playtika's Q2 Net Income Rises, Revenue Falls; 2024 Revenue Guidance Updated
Aug 7, 2024 6:51 AM

08:59 AM EDT, 08/07/2024 (MT Newswires) -- Playtika Holding ( PLTK ) reported Q2 net income Wednesday of $0.23 per diluted share, up from $0.21 a year earlier.

Analysts polled by Capital IQ expected $0.17.

Revenue for the quarter ended June 30 was $627 million, down from $642.8 million a year earlier.

Analysts surveyed by Capital IQ expected $640.3 million.

The company said it expects 2024 revenue to be at the lower end of its previously issued guidance of $2.52 billion to $2.62 billion. Analysts polled by Capital IQ expect $2.58 billion.

Playtika ( PLTK ) said it has maintained its quarterly dividend at $0.10 per share, payable Oct. 4 to shareholders of record as of Sept. 20.

Playtika's ( PLTK ) shares were up more than 4% in recent Wednesday premarket activity.

Price: 7.29, Change: +0.29, Percent Change: +4.14

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