King, the Candy Crush Saga game publisher which has agreed to be acquired by Activision Blizzard for $5.9 billion on Monday night, reported earnings for the third quarter that beat Wall Street’s estimates.
The results show that King wasn’t necessarily desperate for a rescue because it was overly dependent on one game, as critics have said. Even though Candy Crush Saga is a few years old, the game and its various Saga brethren are still driving good results at King. That’s a testament to the power of mobile games, which reach a billion people and are expected to generate $30 billion in revenue in 2015.
GamesBeat