HERZLIYA PITUARCH, Israel (AP) — HERZLIYA PITUARCH, Israel (AP) — Playtika Holding Corp. (PLTK) on Thursday reported first-quarter earnings of $53 million.
The Herzliya Pituarch, Israel-based company said it had profit of 14 cents per share. Earnings, adjusted for asset impairment costs, came to 15 cents per share.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 15 cents per share.
The mobile game developer posted revenue of $651.2 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $642.4 million.
Playtika expects full-year revenue in the range of $2.52 billion to $2.62 billion.
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