Reports Q3 revenue $170.8M, consensus $167.35M. Average Monthly Paying Users increased to 0.6M compared to 0.5M in the prior year period. Average Revenue Per Daily Active User was up 16% to a record 80c compared to 69c in the prior year period. The company said, "SciPlay achieved record revenue and strong profitability in the third quarter. We outperformed the overall social casino market for the second consecutive quarter. SciPlay’s durable growth is the direct result of our long-term strategy, strategic investments and strong execution on our operating plan We’ve continued to enhance monetization and achieved multiple quarterly records fueled by our evergreen social casino franchises, demonstrating their longevity and ability to drive sustainable growth. With our investments, we are delivering better gaming content and experiences than ever before, deepening players’ engagement and boosting player life-time value."
Published first on TheFly
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