Playtika reports 2% revenue jump in third-quarter 

Finance News

New York-listed social gaming operator Playtika has reported  $647.8 million in revenue for third-quarter 2022, up 1.9%.

Playtika expects full-year revenue in the range of $2.6 billion to $2.66 billion. Net income was $68.2 million compared to $80.5 million in the prior year period.

“Playtika’s casual games performed exceptionally well. Bingo Blitz, Solitaire Grand Harvest, and June’s Journey achieved double-digit growth year-over-year and we are very pleased with their continued success,” said Robert Antokol, Chief Executive Officer of Playtika. “We believe we are well positioned for the future as we develop exciting, new features for our games and drive our strategic initiatives focused on technology and digitization to build on our leadership position in mobile games.”

“We are encouraged by the growth of our casual portfolio and will continue to invest responsibly in our strongest franchises,” said Craig Abrahams, President and Chief Financial Officer.