Candy Crush Soda Saga.
Candy Crush Soda Saga.
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King beats Wall Street estimates for Q3 earnings, but revenues weaken

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

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.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.