{"id":37050,"date":"2018-08-01T21:31:00","date_gmt":"2018-08-01T21:31:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/323450"},"modified":"2018-08-01T21:31:00","modified_gmt":"2018-08-01T21:31:00","slug":"zyngas-mobile-forever-franchises-contribute-to-q2-growth","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2018\/08\/01\/zyngas-mobile-forever-franchises-contribute-to-q2-growth\/","title":{"rendered":"Zynga&#8217;s mobile &#8216;forever franchises&#8217; contribute to Q2 growth"},"content":{"rendered":"<p>Zynga\u00a0has released a\u00a0<a href=\"http:\/\/investor.zynga.com\/news-releases\/news-release-details\/zynga-announces-second-quarter-2018-financial-results\">financial report <\/a>for its seconded quarter ended June 30, showing that the company now generates 90 percent of its revenue from mobile games, due to strong performances from mobile versions of\u00a0<em>Words With Friends, Zynga Poker,\u00a0<\/em>and\u00a0<em>CSR2.\u00a0<\/em><\/p>\n<p>The company reports overall revenues were $217 million in the second quarter, up from $209.2 million a year earlier. Bookings were $233.9 million, up 12 percent from $209.2 million a year earlier.<\/p>\n<p>While the company experienced a net loss of $911,000, it was turned out to\u00a0better than the original $15 million loss the company had projected.<\/p>\n<p>Mobile revenue was up 7 percent\u00a0year-over-year and\u00a0mobile bookings were up 17 percent year-over-year, driven primarily by Zynga&#8217;s live services with\u00a0a partial quarter of bookings contribution from acquiring the mobile studio\u00a0Gram Games <a href=\"https:\/\/www.gamasutra.com\/view\/news\/319051\/Zynga_acquires_mobile_game_dev_Gram_Games_for_250_million.php\">back in May<\/a>.\u00a0<\/p>\n<p>The report also shows that Facebook desktop web games are no longer the biggest component of the company, as it only generated 10 percent of revenue this past\u00a0quarter, falling 16 percent from last year.\u00a0<\/p>\n<p>Zynga also\u00a0notes that it&#8217;s leaned on\u00a0&#8220;forever franchises&#8221; to carry the numbers, with bookings from <em>Words With Friends, Zynga Poker, <\/em>and<em> CSR2 <\/em>up 49%, 21%, and 13%, respectively, on a year-over-year basis.<\/p>\n<p>\u00a0<em>Merge Dragons,<\/em>\u00a0the casual mobile game included in the Gram Games acquisition, could be a potential &#8220;forever game&#8221; as it\u00a0boosted the company\u2019s bookings forecast.\u00a0<\/p>\n<p>Daily active users were down from 25 million to 23 million quarter-over-quarter, but up from 21 million year-over-year, likely due to changes on the Facebook platform and the removal of some older Zynga\u00a0titles.<\/p>\n<p>Looking toward the future, Zynga is forecasting third quarter revenues down 3% to $218 million, bookings up 16% to $248 million, and a net loss of $21 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zynga\u00a0has released a\u00a0financial report for its seconded quarter ended June 30, showing that the company now generates 90 percent of its revenue from mobile games, due to strong performances from mobile versions of\u00a0Words With Friends, Zynga Poker,\u00a0and\u00a0CSR2.\u00a0 The company reports overall revenues were $217 million in the second quarter, up from $209.2 million a year [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":37051,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-37050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/37050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=37050"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/37050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/37051"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=37050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=37050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=37050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}