Playtika Q1 Performance, Q2 Outlook Lag Street Estimates
Playtika Holding Corp (NASDAQ:PLTK) reported first-quarter FY22 sales growth of 6% year-on-year to $676.9 million, missing the consensus of $680.72 million. Average daily payer conversion increased to 3.2%. The casual portfolio revenue grew 20.7% Y/Y, constituting 52.5% of total revenue. The costs and expenses rose 9.4% Y/Y to $556.5 million. The operating margin…
Benzinga ·
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Benzinga
