King isn’t a one-hit wonder anymore, dependent only on revenues from Candy Crush Saga.
The mobile social game company announced first-quarter earnings today that beat Wall Street’s expectations thanks to help from its Candy Crush Soda Saga and Farm Heroes Saga mobile games. King reported adjusted net income of 61 cents a share on non-GAAP adjusted revenue of $569.8 million in the first quarter that ended March 31. That compared to $607.6 million adjusted revenue and adjusted earnings per share of 61 cents a year ago. Analysts expected adjusted net income of 53 cents a share on revenue of $563 million. King’s games saw a new quarterly high of 1.6 billion average daily game plays in the first quarter.

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