PLAYSTUDIOS, Inc. (NASDAQ:MYPS) Q4 2023 Results Conference Call March 11, 2024 5:00 PM ET
Company Participants
Samir Jain - Head of Investor Relations and Treasury
Andrew Pascal - Chairman and Chief Executive Officer
Scott Peterson - Chief Financial Officer
Jason Hahn - Executive VP and Head of Corporate & Business Development
Conference Call Participants
Ryan Sigdahl - Craig Hallum
Aaron Lee - Macquarie
David Pang - Stifel
Greg Gibas - Northland Securities
Operator
Good afternoon, everyone, and welcome to the PLAYSTUDIOS Fourth Quarter and Year-End 2023 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. As a reminder, this conference is being recorded.
I would now like to turn the call over to Samir Jain, Head of Investor Relations and Treasury. Mr. Jain, you may begin.
Samir Jain
Thank you, operator. Good afternoon, and thank you for joining us for PLAYSTUDIOS fourth quarter and year-end 2023 earnings call. Joining me on the call today are our Chairman and CEO, Andrew Pascal; and our CFO, Scott Peterson.
Before we begin, let me remind you that during the course of this call, we will make forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to our SEC filings for a discussion of the risks and uncertainties that may affect our future results.
We will also discuss certain non-GAAP financial measures during this call. These measures should not be considered as a substitute for financial results prepared in accordance with GAAP. Our results are prepared in accordance with GAAP, and a reconciliation to comparable GAAP measures will be provided in our fourth quarter earnings release and in our SEC filings.
With that, I'll pass the call to Andrew.
Andrew Pascal
Thank you, Samir, and welcome, everyone, to our fourth quarter and year-end 2023 earnings call. Earlier today, we published a press release containing our financial results along with the commentary for the recently completed fourth quarter year-end. Included in the release is new segment reporting alongside our usual financial disclosures. Scott will discuss these materials in greater detail later, but if you haven't had a chance to review the release, I'd encourage you to do so.
So, 2023 was an eventful and somewhat challenging year for the game industry, but despite the macro and secular headwinds, it proved to be transformative for PLAYSTUDIOS. We undertook a number of new initiatives, advanced key elements of our strategy and meaningfully enhanced our overall position. So I'd like to start with some of the more noteworthy highlights.