PLAYSTUDIOS, Inc. (NASDAQ:MYPS) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET
Company Participants
Joel Agena – Corporate Security and General Counsel
Andrew Pascal – Chief Executive Officer
Scott Peterson – Chief Financial Officer
Conference Call Participants
Ryan Sigdahl – Craig-Hallum
Matthew Cost – Morgan Stanley
Mike Hickey – The Benchmark Company
Greg Gibas – Northland Securities
Martin Yang – Oppenheimer and Company
Operator
Ladies and gentlemen, good day. Thank you for standing by and welcome to the PLAYSTUDIOS First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode and a question-and-answer session will follow the formal presentation. [Operator Instructions] Please note that this conference call is being recorded today, May 5, 2022.
To get started, I’m pleased to turn the floor over to Joel Agena. Please go ahead, sir.
Joel Agena
Thank you, operator, and hello, everyone. By now, everyone should have access to our first quarter 2022 earnings release, which is available on the PLAYSTUDIOS’ website at www.playstudios.com in the Investors section.
Some of management’s comments today will be forward-looking statements about future events, expectations and projections. Forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. You should exercise caution in interpreting and relying on them. We refer you to our SEC filings for a more detailed discussion of the risks factors that could impact future operating results and financial condition.
During the call, management will discuss non-GAAP measures, which we believe can be useful in evaluating the company’s operating performance. These measures should not be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP. A reconciliation of these measures to the most directly comparable GAAP measure is available in our first quarter 2022 earnings release on the www.playstudios.com website and on our Form 8-K filed with the SEC today.
Hosting the call today, we have Andrew Pascal, PLAYSTUDIOS’ Chief Executive Officer; and Scott Peterson, Chief Financial Officer of the company. They will provide some opening remarks, and then we will open the call to questions.
With that, I’ll turn the call over to Andrew.
Andrew Pascal
Thank you, Joel and good afternoon everyone. Welcome to the PLAYSTUDIOS first quarter 2022 earnings call. Q1 of this New Year was generally consistent with our performance and experience in the last quarter. We continue to focus on our execution and evolving our business in an effort to more fully capitalize on our unique play-to-earn loyalty model.