Recent Updates — PLTK
Playtika Holding Corp.'s controlling shareholder received approval from China’s National Development and Reform Commission (NDRC) to issue bonds not exceeding $800 million. The proceeds are intended to prepay a portion of the principal on the Company's outstanding term loan under its Credit Agreement dated December 10, 2019. The regulatory approval is valid until July 30, 2027 and remains subject to procedures under the Foreign Debt Rules. This development facilitates significant debt restructuring for the mobile gaming company.
Playtika Holding Corp. reported financial results for the quarter ended June 30, 2026, with revenue of $731.1 million, a 5.0% year-over-year increase but a 1.8% sequential decrease. Net income was $48.0 million, and Adjusted EBITDA rose 23.4% year-over-year to $206.1 million. Direct-to-Consumer revenue grew 63.1% annually to $286.9 million, driven by Disney Solitaire, which saw a 288.6% year-over-year increase. The company reaffirmed its full-year 2026 guidance of $2.75-$2.85 billion in revenue and $750-$790 million in Adjusted EBITDA, noting an expectation to finish toward the lower end due to reduced marketing spend and cautious consumer spending trends. Playtika Holding Corp. operates in the mobile gaming entertainment industry.