Playstudios Q1 revenue and profit grows despite decline in overall customers

Although the average number of daily active users (1.3m) and monthly active users (3.7m) of Playstudios products decreased for the quarter – by 21.9% and 18.4% respectively – the average number of daily paying users increased by 9.1% to 36,000.

Playstudios’ operating expenses were $66.5m, representing a 27.4% increase from last year.

Read the full story in iGB North America.

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