Andrew Pascal, Chairman and Chief Executive Officer of PLAYSTUDIOS, commented, "We finished the year with solid momentum, with fourth quarter results ahead of our guidance and consensus expectations. Revenue and AEBITDA exceeded year ago and third quarter results despite an economic and industry backdrop that continues to be challenging. AEBITDA margins were 170bps ahead of third quarter results showing that we are not only growing, we’re growing at a more profitable rate. DAU and MAU for the fourth quarter of 2022 were up substantially over the fourth quarter of 2021 aided by the inclusion of Brainium, which we acquired last October. Adjusted for Brainium, both metrics were largely flat with year ago and third quarter 2022 results. ARPDAU continued to show improvements versus last quarter, with notable gains in Tetris and myVEGAS Bingo." Pascal further noted, "playAWARDS grew meaningfully in 2022 with partners, available rewards, and player purchases all increasing by double digit percentages vs. year ago levels. 2023 will be a significant year for the platform as we incorporate our playAWARDS loyalty program into our collection of casual games. Integrating our loyalty model into Tetris and the Brainium portfolio will nearly triple its DAU reach and, we believe, demonstrate the 'loyalty lift' that can be achieved in any category of gaming." He continued "Looking forward, we have exciting plans for 2023. We remain committed to diversifying our collection of games, expanding our player network, and demonstrating the power of playAWARDS. In support of this, we have a balanced portfolio of new, early-stage, and evergreen initiatives, including new Tetris games, optimizations for our Brainium suite of casual games, and new innovations for our social casino suite. This should allow us to drive organic growth as we continue to act on additional strategic M&A opportunities. As part of our ongoing focus on optimizing our execution, we recently initiated some organizational changes, realigning and consolidating key business activities. Under this new structure, we believe we can better maximize the productivity of our assets and drive higher returns on capital." He further highlighted, "We’ve also been actively repurchasing our stock in the open market, spending $10 million to purchase 2.4 million shares of our stock. Finally, we are introducing 2023 guidance that represents revenue and AEBITDA growth from 2022 levels and a marked increase in our overall profitability. We are excited about the initiatives we are undertaking in 2023 but remain cautious given the continuing challenges in our marketplace and the economy overall." We initiated a $10 million share repurchase program in the fourth quarter, which we recently completed. PLAYSTUDIOS has approximately $40 million remaining of its current share repurchase authorization. About PLAYSTUDIOS, Inc. PLAYSTUDIOS (Nasdaq: MYPS), creator of the groundbreaking playAWARDS loyalty platform, is a publisher and developer of award-winning mobile games, including the iconic Tetris® mobile app, Pop! Slots, myVEGAS Slots, myVEGAS Blackjack, myKONAMI Slots, myVEGAS Bingo, MGM Slots Live, Solitaire, Spider Solitaire and Sudoku. The playAWARDS loyalty platform enables players to earn real-world rewards from a global collection of iconic hospitality, entertainment, and leisure brands. playAWARDS partners include MGM Resorts International, Wolfgang Puck, Norwegian Cruise Line, Resorts World, IHG, Bowlero, Gray Line Tours, and Hippodrome Casino among others. Founded by a team of veteran gaming, hospitality, and technology entrepreneurs, PLAYSTUDIOS apps combine the best elements of popular casual games with compelling real-world benefits. To learn more about PLAYSTUDIOS,
-----Beyond Air, Inc. (XAIR)------- NasdaqCM - NasdaqCM Real Time Price. 5.90-0.10(-1.67%) At close: 04:00PM EST 6.16+0.26(+4.41%)<------ Insider buying******* Pre-Market:08:40AM EST
Beyond Air® Announces Participation at Two Upcoming Investor Conferences in March 2023 Beyond Air™ XAIR -1.67% Beyond Air™ GARDEN CITY, N.Y., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Beyond Air, Inc. (NASDAQ: XAIR) (“Beyond Air” or the “Company”) a commercial stage medical device and biopharmaceutical company focused on developing inhaled nitric oxide (NO) for the treatment of patients with respiratory conditions, including serious lung infections and pulmonary hypertension, and, through its affiliate Beyond Cancer, Ltd., ultra-high concentration nitric oxide (UNO) for the treatment of solid tumors, today announced that Steve Lisi, Chairman and Chief Executive Officer of Beyond Air, will participate in two upcoming investor conferences in March 2023. 35thAnnual Roth Conference – March 12-14, 2023 <------- Oppenheimer 33rdAnnual Healthcare Conference – March 13-15, 2023 Wednesday, March 15, 2023, at 9:20-9:50 AM ET<---------
Playstudios and Neogames seem very similar.- Neo is out of Israel. Description NeoGames S.A. provides iLottery solutions worldwide. The company offers various technology platforms, a range of value-added services, and a game studio that provides a portfolio of draw based games and instant tickets through personal computers, smartphones, and handheld devices. It also develops and operates online lotteries and games that allows lottery operators to distribute lottery products through online sales channels using the company's technology. In addition, the company offers software development and platforms sub-licensing services; and regulation and compliance, payment processing, risk management, player relationship management, and player value optimization services. The company was incorporated in 2014 and is headquartered in Tel Aviv, Israel.
Jan 11 downgrade- Neogames price target lowered to $20 from $25 at Truist 01/11 NGMS, EBET Truist analyst Barry Jonas lowered the firm's price target on Neogames (NGMS) to $20 from $25 but keeps a Buy rating on the shares as part of a broader research note previewing the 2023 US Gaming Sector Outlook. Gaming has proven its resiliency and 2023 is not expected to be much different, the analyst tells investors in a research note, stating that fundamentals will slow down only slightly and the improving Digital and the Vegas calendar could even drive some consolidated EBITDA growth. Jonas also adds that Neogames has some "manageable" headwinds to face in 2023 around Aspire's core business, including a slow shift in regulations in the Netherlands and Germany, exposure in the UK with a still pending White Paper, and challenges at its top-five customer EBET (EBET). Feb 9 Neogames, The European Lotteries showcase signed partnership agreement 02/09 NGMS NeoGames and The European Lotteries and Toto Association, EL, have signed a two-year partnership agreement, showcased during this year's EL/WLA Marketing seminar in London. NeoGames is a leading technology and services provider of end-to-end iLottery solutions. EL is the largest trade organisation for Lottery and Toto operators in Europe. Under the partnership agreement, NeoGames will contribute as Level 2 to all the major events of EL for the upcoming two years. "NeoGames is thrilled to have become a Level 2 Partner to EL, the European lottery sector's largest and most representative organisation. For over a decade, we have been providing our iLottery technology solutions and online games to European lotteries and we are glad that our partners are seeing great success with our offering. NeoGames today has nine EL members as its customers and we look forward to working closely with EL over the next few years, contributing to its key events and ultimately playing an instrumental role in helping its member lotteries advance their programs to their players, generate more revenue, and maximize proceeds to good causes", states Moti Malul, CEO of NeoGames.
Monday- REV A LITTLE LIGHT/// Neogames reports Q4 adjusted EPS 22c, consensus (13c) 16:29 NGMS Reports Q4 revenue $69.22M, consensus $75.36M. Moti Malul, CEO of NeoGames, said: "We are proud of the tremendous progress we made during 2022, further solidifying our iLottery leadership position in a continually expanding market. A record year in iLottery was punctuated with another record quarter. In addition, we made some truly transformational strides advancing our strategic goals. We significantly evolved our business through our acquisition of Aspire Global, expanding beyond our position as a leader in global iLottery solutions, and propelling us to becoming a global leader in providing technology and content solutions across iLottery, online sport betting and iGaming. Our results underscore the advantage of our ability to serve customers on an integrated basis, whether they need solutions for iLottery, online sports betting, iGaming, or any combination of services. We ended the year growing our iLottery revenue by 33% during the fourth quarter, and our iGaming revenue by 27% as measured on a constant currency pro forma basis from the prior year. During 2022, we grew revenue across all business lines and we believe that we remain well-positioned to continue to deliver profitable growth into 2023 and beyond."