Playtika Reports Mixed Q3 Results with Revenue Beat and Reaffirmed FY26 Outlook
Playtika (PLTK) reported mixed financial results for the third quarter, characterized by a revenue beat alongside an earnings miss. The company reported GAAP EPS of $0.11, falling short of expectations by $0.11, while total revenue reached $673.8 million, exceeding estimates by $6.81 million despite a slight 0.1% year-over-year decline. Performance within the Direct-to-Consumer (DTC) platforms showed significant growth, with revenue increasing 31.4% year-over-year, although it saw a sequential decrease of 4.1%. Despite the earnings miss, Playtika's adjusted EBITDA rose to $252.1 million and the company reaffirmed its financial outlook for fiscal year 2026.
Tickers: $PLTK
Topics: DTC platforms earnings miss EBITDA growth revenue beat