HERZLIYA PITUARCH, Israel (AP) — HERZLIYA PITUARCH, Israel (AP) — Playtika Holding Corp. (PLTK) on Thursday reported first-quarter earnings of $30.6 million.
On a per-share basis, the Herzliya Pituarch, Israel-based company said it had net income of 8 cents. Earnings, adjusted for non-recurring costs, came to 9 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.
The mobile game developer posted revenue of $706 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $697.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLTK at https://www.zacks.com/ap/PLTK
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